South African Airlines and Kenya Airways have drawn up plans to set up a joint pan-African airline in 2023. Africa has 357 airlines , the top 10 of which carried more than 60% of traffic. This reflects the fact that many airlines on the continent are very small: some have as few as two aircraft. […]
Tag: XNAI_KQ
Embraer E190: Kenya Airways’ Most Used Aircraft
The bulk of Kenya Airways’ aircraft are 96-seat Embraer 190s, which has pushed the carrier’s seats to just 123 per flight in February-August 2022. That compares to 177 with Ethiopian Airlines, 169 with EgyptAir, and 153 with Royal Air Maroc. Kenya Airways’ 36-strong fleet The Kenya flag carrier has 36 aircraft, comprising 34 in passenger […]
Airlines risk hefty fines for delays in returning lost baggage, withholding refunds
A Kenya Airways ground crew checks in passengers at the Jomo Kenyatta international airport in Nairobi on August 1, 2020. FILE PHOTO | NMG The competition watchdog of the Common Market for Eastern and Southern Africa (Comesa) said initial investigations have found some airlines in the region are culpable of engaging in anti-competitive practices. The […]
Treasury told to pay Sh6.7 billion KCB loan
Kenya Commercial Bank branch in Gikomba Market in Nairobi on Thursday, November 12, 2020. PHOTO | DENNIS ONSONGO | NMG The Treasury has been asked to release funds for settling a Sh6.7 billion KCB loan which was used to purchase subsidised fertiliser. The State Department for Crop Development and Agricultural Research told Parliament last week […]
KQ bailout, fuel subsidy push mini budget to $944m
Kenya has increased its budget estimates due to elections, Covid-19 expenditures and a bailout for the national carrier. PHOTO | FILE Kenya’s supplementary budget estimates presented to Parliament on Tuesday indicate fresh allocations of $231.6 million to the national carrier and other undisclosed expenditures, $217.6 million to fuel subsidy, $79.1 million to prepare for the […]
Nairobi enlists Seabury to restructure Kenya Airways debt
Kenya Airways Boeing 787-8 The Kenyan Government has tasked Seabury Consulting, part of Accenture, to help Kenya Airways (KQ, Nairobi Jomo Kenyatta ) evaluate options to restructure its debt. The retention of an international aviation consultant to prepare an in-depth financial assessment of Kenya Airways was highlighted as essential for the country’s state-owned enterprises (SOE) […]
Treasury to borrow additional Sh70b to rescue ailing firms
National Treasury CS Ukur Yatani during a past press conference The National Treasury will borrow Sh70 billion more to bail out ailing parastatals , including Kenya Airways and Kenya Power. In his first supplementary budget for the current financial year ending June, National Treasury Cabinet Secretary Ukur Yatani revised the overall fiscal deficit – the […]
Ailing Kenya Airways gets Sh38b in fresh bailout
Kenya Airways (KQ) plane at Jomo Kenyatta International Airport (JKIA). Loss-making Kenya Airways (KQ) tops in Sh38.35 billion bailout unveiled yesterday to support struggling state-owned enterprises. Treasury is seeking parliamentary clearance to support KQ, Kenya Power and universities such as the University of Nairobi, which have been facing cash flow problems. If approved by Parliament, […]
East Africa: Turbulence for Kenya Airways with regional rivalries and SAA tie-up?
Kenyan Airways planes are parked at the Jomo Kenyatta International Airport in Nairobi, Kenya, 24 March 2020. REUTERS/Baz Ratner The East African aviation industry, like its counterparts globally, is having a tumultuous pandemic period. Revenue losses and reduced passenger numbers due to Covid-19 travel restrictions as well as uncertainty have hit the aviation sector hard, […]
Kenya Airways appoints Global GSA as passenger sales agent for Italy
Kenya Airways Dreamliner at Kenya Airways Headquarters, Nairobi on November 25, 2021 Kenya Airways has appointed Global GSA as its passenger general sales agent for the Italian market. Pursuant to the agreement, from February 1, 2022, Global GSA will manage all the commercial activities in Italy on behalf of Kenya Airways. This includes the support […]