Boeing 707 ushering in the Jet Age. It established Boeing as one of the largest manufacturers of passenger aircraft, and led to the later series of airliners with "7x7" designations. The later 720, 727, 737, and 757 share elements of the 707's fuselage design. The 707 was developed from the Boeing 367-80, a prototype jet first flown in 1954. A larger fuselage cross-section and other modifications resulted in the initial-production 707-120, powered by Pratt & Whitney JT3C turbojet engines, which first flew on December 20, 1957. Pan American World Airways began regular 707 service on October 26, 1958. Later derivatives included the
Kuwait Airways delivery; it was informed late that year that the airline would not take them. Three Boeing 707-320Cs were ordered in . The carrier made its first profit ever in 1968, with a net income of £910,000. During 1972, Kuwait Airways' consecutive profitable year, the airline had a net profit of £2.9 million. By , the fleet had reduced to five Boeing 707-320C aircraft. That year, flights to Colombo were launched. At , Faisal Saud Al-Fulaij, who employed 1,800, was the chairman of the corporation. In a deal worth million, two additional ex-Pan American Boeing 707-320Cs were subsequently purchased that year,