Burundi President Evariste Ndayishimiye is expected in Nairobi on Monday for a two-day State visit to Nairobi. This will be the first time in nearly a decade that a Burundian leader will tour Kenya. According to organisers of Madaraka Day national fete, President Ndayishimiye will grace the occasion in the lakeside city on Tuesday, on […]
Tag: kenya airways
JKIA passengers drop 59pc on back of surging Covid numbers
Terminal 1A at Jomo Kenyatta International Airport. FILE PHOTO | NMG Passenger numbers at the Jomo Kenyatta International Airport (JKIA) have dropped by 59 percent monthly in the current financial year as the sector continues to reel from the effects of the second wave of Covid-19. According to the Kenya Airports Authority (KAA), monthly passengers […]
Safaricom share rises to 63pc of entire NSE
Safaricom Plc CEO Peter Ndegwa during the telco’s 20-year celebration at the Nairobi Serena Hotel on October 27, 2020. PHOTO | NMG Safaricom’s share of combined investor wealth at the Nairobi Securities Exchange (NSE) touched a high of 63 percent yesterday after days of a steady rise in its stock prices in a period that […]
KQ now shelves direct Somaliland flights plan
Kenya Airways aircraft grounded at the Jomo Kenyatta International Airport in Nairobi on April 3, 2020. PHOTO | AFP Kenya Airways (KQ) has put on hold plans to launch direct flights from Nairobi to Somaliland capital Hargeisa, on delayed clearance and approvals. KQ was to launch direct flights to Egal International Airport, Hargeisa, this year […]
Airline to start Nairobi-Kisumu direct flights
Aviation firm 748 Air Services will on Thursday start direct flight to Kisumu stepping up competition for passengers on the route that is also served by carriers such Kenya Airways, Safilink, Fly 540 and Jambojet. The company, that is currently on an aggressive expansion plan, said the new flight will originate from Jomo Kenyatta International […]
Airlines fly into Covid turbulence once again
A Kenya Airways plane. FILE PHOTO | NMG Kenyan airlines do not foresee a quick financial rebound after being hit by another domestic flights ban to counter a third wave of the Covid-19 pandemic. The setback comes hardly months after coming out of the seven months grounding during the peak of the pandemic last year. […]
Kenya Airways benefits from gov’t tax shield
Kenya Airways Boeing 787-8 Kenya’s National Treasury has exempted cash strapped Kenya Airways (KQ, Nairobi Jomo Kenyatta ) from paying a minimum tax of 1% of its gross turnover, meaning the flag carrier will now only pay income taxes when it returns to profitability. Without the tax shield, Kenya Airways was scheduled to have made […]
Kenya Airways needs new wings to remain in the skies
Kenya Airways (KQ) aircraft lands at JKIA after the resumption of the International flights in August 2020 The eagle is reputed to fly at altitudes of up to 16,000 feet. This ability is dependent on a process of renewal of feathers, beak, and talons. This process is not painless and is necessary for the survival […]
State unveils Sh36bn Covid bailout for KQ, Kenya Power
The government will spend Sh36 billion to bail out key parastatal which have sunk into losses as a result of Covid-19 economic fallout. The National Treasury said companies including Kenya Airways, Kenya Power, and several universities need urgent support after their revenues dropped sharply during the pandemic. International Monetary Fund (IMF) has revealed the bailout […]
British Airways suspends flights after Kenya ban
British Airways has suspended passenger flights between the United Kingdom and Kenya from Friday after Nairobi banned all flights from Britain to retaliate a move by London to add the country on its travel ‘red list’. The airline said Thursday the suspension of operations would see passengers who had booked tickets after April 9, to […]