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. […]
Kenya Airways plans to restructure its debts as nationalisation bid falters In view of the current reality, the heavily-indebted airline is in the process of restructuring its loans. Business Insider Africa understands that the company has already commenced consultations with the likes of Seabury Consulting (a subsidiary of Accenture) and others to this effect. Kenya’s […]
© Maarten Van Den Driessche Kenya Airways has announced the resumption of daily flights to Dubai effective Monday, 31 January 2022. This follows the ease of travel restrictions that had been issued by the Dubai Civil Aviation Authority on flights from Kenya and other African nations. Travellers will be free to re-book their flights with […]
Troubled Kenya Airways #ticker:KQ says it is fast-tracking negotiations to launch common initiatives with South African Airways (SAA) with which it signed a pact last year to establish an African airline by 2023. Kenya Airways chairman Michael Joseph told the Business Daily while the pact is a long-term agreement, both airlines are in talks to […]
Runway Nairobi — The National Treasury has revised the National budget upwards by Sh126.3 billion (3.3 percent) with the national carrier, Kenya Airways receiving the highest additional bailout funds at Sh 26 billion. Under the initial plan, KQ was set to receive Sh53.4 billion with the monies set to be directed towards maintenance of grounded […]
Kenya Airways will not renew its contract with a Mauritius breeding farm to transport monkeys from the Indian Ocean island to the US, Chairman Michael Joseph says. PHOTO | FILE Kenya Airways will not renew its contract with a Mauritius breeding farm to transport monkeys from the Indian Ocean island to United States (US) to […]
Kenya Airways #ticker:KQ has cut New York flights to three a week from five on low demand following an end to a peak season in December last year. The airline said the number of passengers on the route has dropped, forcing it to remove two flights to John F. Kennedy International Airport, which had been […]
A Jambojet plane at the Kisumu International Airport. PHOTO | FILE | NMG The airline, a subsidiary of Kenya Airways (KQ), said on Tuesday that cargo operations starting in the second week of February will target regional routes such as Goma in the Eastern Democratic Republic of Congo. Jambojet, which has been in operations since […]
Tourism CAS Joseph Boinett, Kenya Tourism Board CEO Betty Radier and Kenya Airways CEO Allan Kilavuka during unveiling of Magical Kenya branded aircrafts at Kenya Airways Headquarters, Nairobi on November 25, 2021. The government has dropped plans to nationalise Kenya Airways leaving the airline with no option but to restrategise how to return to profitability. […]
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), […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.