Kenya Airways (KQ) has cut the number of direct flights linking Nairobi to the US city of New York. The national carrier told Business Daily that it has reduced the frequency of trips on the route from five to three per week due to low passenger demand. The demand for direct flights to John F. […]
Tag: XNAI_KQ
The Kenyan Government will inject $176 million in heavily-indebted Kenya Airways
Kenya Airways The government’s bailout fund for the airline is contained in a supplementary budget that was recently sent to the country’s lawmakers. Meanwhile, in order to get the bailout fund, the airline would have to ensure that "certain restructuring milestones" are actualised. The company’s Chairman, Michael Joseph, confirmed this condition to Bloomberg. Kenya Airways, […]
Kenya Airways To Receive $176 Million Of Government Aid
Kenya Airways is set for a $176 million cash injection from the Kenyan government as the carrier struggles to stay afloat amid years of financial losses. The airline’s total debt amounted to $846 million at the end of 2020. The move comes after the Kenyan government abandoned plans to nationalize the flailing airline. Kenya Airways […]
Kenya Airways and South African Airways to form new airline to launch in 2023
A potential partnership between Kenya Airways and South African Airways appears to be a done deal. Kenyan President Uhuru Kenyatta announced during an address to the nation on New Year’s Eve that the airlines will combine operations to form a new carrier, Pan-African Airline, with operations expected to begin in 2023. The partnership came about […]
Kenya Airways To Receive $176 Million Of Government Aid
Kenya Airways is set for a $176 million cash injection from the Kenyan government as the carrier struggles to stay afloat amid years of financial losses. The airline’s total debt amounted to $846 million at the end of 2020. The move comes after the Kenyan government abandoned plans to nationalize the flailing airline. Kenya Airways […]
Food producers, KQ in Gulf cargo transport deal
Horticulture producers have negotiated a cargo transport deal with Kenya Airways to export chilli, peas and passion fruits to the United Arab Emirates, with the first batch of export expected next month. Kenya Airways is set to start bi-monthly horticulture cargo flights from Kisumu International Airport to the Gulf nation, according to the Fresh Produce […]
Kenya: Tourism and Travel Stakeholders Partner to Recover Sector
Nairobi — Stakeholders in the tourism and travel industries have agreed to partner in order to significantly resuscitate the sectors which have been adversely affected by the restrictions occasioned by the Covid-19 pandemic. During a consultative forum hosted by the African Travel & Tourism Association, (ATTA), the stakeholders who included the Kenya Tourism Board (KTB), […]
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 […]
Kenyan Government adds USD230m to budget for Kenya Airways
CAPA News Briefs CAPA publishes more than 1,000 global News Briefs every week, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with around 50 per cent of content translated from non-English sources. The breadth of our coverage means you won’t need any other […]