The National Treasury will embark on budget cuts and restructuring of eighteen state corporations to evert fiscal risks they pose on the economy. According to an the in-depth financial evaluation and fiscal risk analysis conducted by Treasury and the International Monetary Fund (IMF) the 18 State Owned Enterprises (SEOs) out of 260 are projected to […]
•Pilots have pointed out lack of passion in the leadership as one of the major challenges at the carrier. •Poor aircraft choice on certain routes has also led to low passenger demand, baggage delays and a general loss of revenue, according to KALPA. Kenya Airways planes at JKIA. Kenya Airways’ board should comprise of aviation […]
John Ngumi, alongside four partners, birthed the Loita Capital Partners Group in 1994. [David Njaaga, Standard] John Ngumi, who is credited with brokering deals worth more than Sh1 trillion, survived by eating what he caught in Kenya’s financial jungle. Those were heady times; mega deals were rolling in, with history placing the current Industrial and […]
Kenya Airways Boeing 787-8 Also on ch-aviation Kenya Airways (KQ, Nairobi Jomo Kenyatta ) expects to save USD45 million this year after changing the lease terms of its aircraft fleet, opting for hourly rates over fixed costs, says Managing Director Allan Kilavuka. He said the carrier had negotiated a productivity-based payment method with its lessors […]
Ethiopian Airlines Bombardier DHC-8-Q400 © Bombardier The Somaliland government has lifted its suspension of Emirati low-cost carrier flydubai (FZ, Dubai Int’l ) following a bilateral agreement between their respective civil aviation authorities. This was disclosed at a news conference recently by Somaliland Civil Aviation and Airports Authority (SCAAA) director Omar-Sayid Qalombi, reported the Som Tribune […]
Lovemore Chikova — Development Dialogue Fly into Harare and you will be greeted with massive cranes and tonnes of steel supporting work on what will soon be a new-look Robert Gabriel Mugabe International Airport. In Victoria Falls, the traveller is greeted by a majestically imposing Victoria Falls International Airport that was recently upgraded, with some […]
Kenya Airports Authority (KAA) Managing Director Alex Gitari during a past function. PHOTO | COURTESY The board of the Kenya Airports Authority (KAA) has confirmed Alex Gitari as the new Managing Director with his term effective from July 8, 2021. The naming of Gitari as the authority’s substantive MD ends a long winding recruitment process […]
•KQ is also facing stiff competition from neighbouring Ethiopian Airlines, the largest carrier in Africa with nearly 130 aircraft in its fleet. •Rwanda’s RwandAir is also eyeing a pie of the regional and international routes, buoyed by investment from Middle Eastern giant Qatar Airways. Kenya Airways planes at JKIA. Longtime Kenya Airways’ partner–Air France-KLM Group […]
The new agreement enhances Delta Air Lines and Kenya Airways to offer seamless travel to a total of 39 cities across Africa, the US and Canada. By Our Correspondent June 24, 2021: Delta Air Lines and Kenya Airways have expanded their codeshare agreement, increasing the choice of destinations offered by Delta in Africa and extending […]
Tourists alight from a chartered flight at the Moi International Airport, Mombasa/ The heightened travel restrictions between Kenya and the UK in April led to a drop in international arrivals into the country, amid Covid-19 impact on the sector. Pre-Covid, UK was the second overseas market source with 181,484 arrivals in 2019, a year that […]
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