Low-cost carrier Fly540 has pushed back plans to restart direct flights to Kisumu from Jomo Kenyatta International Airport in Nairobi, extending Jambojet’s dominance on the route. The airline said in October said that it would restart Nairobi-Kisumu flights on December 1, 2021, in a move that was expected to increase competition on the route served […]
Kenya Airways planes at the Jomo Kenyatta International Airport on July 31, 2020. PHOTO | SALATON NJAU | NMG In a notice, Emirates Airlines announced that it has extended the ban, which was to end on the eve of Christmas, until further notice. The move is the latest restriction on global travel by UAE aimed […]
The Treasury will borrow up to Sh41.8 billion from the dollar reserves the Central Bank of Kenya (CBK) received from the International Monetary Fund (IMF) in form of special drawing rights (SDR) in August. The government told the IMF that it wants to utilise part of the funds locally and would borrow half of the […]
United Arab Emirates (UAE) has extended the ban on Kenyan travelling to its territory indefinitely, restricting inbound flights from Nairobi and a host of other African countries. In a notice, Emirates Airlines announced that it has extended the ban, which was to end on the eve of Christmas, until further notice. The Dubai Civil Aviation […]
Kenya Airways (KQ) has increased the frequency of its direct flights to the United States to meet the rising demand for travel this festive season. The national carrier will now operate five flights per week between Jomo Kenyatta International Airport (JKIA) in Nairobi and JF Kennedy International Airport in New York, up from two weekly. […]
DEBT: Graph showing Kenya’s surging debt. Image: COURTESY While Kenyans are off resting over the Christmas break, National Treasury mandarins are burning the midnight oil, putting in play a final onslaught on public coffers. The exchequer is going for broke as it desperately seeks to fill a yawning budget gap fuelled by corruption leaden legacy […]
Kenya Airways Chief Executive Allan Kilavuka. [David Njaaga, Standard] Kenya Airways (KQ) Chief Executive Allan Kilavuka says reinstating full salaries for employees will depend on sustained revenue recovery and renegotiating debts with creditors. He says the airline has seen an improvement in revenues but not enough to lift the current 30 per cent pay cuts […]
REUTERS/Rogan Ward Serial lossmakers South African Airways and Kenya Airways signed a strategic partnership framework in November as a step towards starting on a pan-African airline group by 2023. Analysts doubt that two negatives will make a positive, and say implementing the Single African Air Transport Market (SAATM) would do more to advance Africa’s aviation […]
For two weeks, many parts of the continent reeled under the Omicron virus ban. The continent’s air travel is counting its losses, one that further slows down travel recovery, writes WOLE SHADARE The removal of 11 African countries from the United Kingdom’s Red List is resulting in a return of air travel by many Africans, […]
A container of live fish before being loaded in Kenya Airways plane at Moi International Airport. The government has dropped plans to nationalise Kenya Airways (KQ). The National Treasury will instead roll out a $1.3 billion (Sh147 billion) multi-year restructuring programme that includes taking over debts. The change of plan is contained in the latest […]
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