Air Tanzania will step up competition for the East Africa skies with a flight on Dar e Saalam-Nairobi route and will fly twice a day between Dar es Saalam and Nairobi. FILE PHOTO | NMG Air Tanzania will step up competition for the East Africa skies with a flight on Dar e Saalam-Nairobi route starting […]
Tag: XNAI_KQ
Pilots report KQ in plane speeding row
Kenya Airways #ticker:KQ is on a fresh collision course with the pilots’ union after it asked its crew to fly faster on the Nairobi-Guangzhou route and halved the number of pilots on every trip in its latest cost-cutting plan. The Kenya Airline Pilots Association (Kalpa) Secretary-General Murithi Nyagah says that directing pilots to cruise at […]
Pilots report Kenya Airways in plane speeding row
Kenya Airways plane. Kenya Airline Pilots Association (Kalpa) official says directing pilots to cruise at a cost index of 300 on the route is illegal as it risks the lives of passengers and crew. PHOTO | FILE | NMG The Kenya Airline Pilots Association (Kalpa) Secretary-General Murithi Nyagah says that directing pilots to cruise at […]
Flower firms jostle for limited cargo space in Kenya Airways
Flower firms are competing for forward booking to get space guarantee for their produce on Kenya Airways as demand for roses in Europe soars in the wake of limited freight capacity. There has been a high demand for flowers in Europe amid low capacity at the Jomo Kenyatta International Airport as flights are yet to […]
Kenya Airways, SAA now plan to launch regional airline 2023
Kenya Airways (KQ) and South African Airways (SAA) have moved closer to establishing an African airline in 2023. This is after the two carriers signed a Strategic Partnership Framework in South Africa Wednesday, in a move which will see the two carriers eventually form a Pan-African carrier. The signing happened on the back of an […]
Kenya Airways looks to gov’t to absorb $250mn debt mountain
Kenya Airways Fleet Kenya Airways (KQ, Nairobi Jomo Kenyatta ) is in discussion with the country’s treasury over the settlement of the airline’s USD250 million debt accrued during the pandemic, says Chief Executive Officer Allan Kilavuka. In an interview with Bloomberg, he said that wiping out the liabilities, including debt to aircraft lessors and suppliers, […]
Safaricom debt rises five times to Sh76bn
The company’s debt increased 5.2 times from Sh14.7 billion a year earlier, making the telco one of the biggest corporate borrowers alongside other firms such as KenGen, Kenya Airways and Kenya Power. Safaricom noted that it held cash and cash equivalents of Sh26.4 billion in the review period, placing its net debt at Sh50.5 billion. […]
Kenya Airways Asks Government to Settle $250 Million Debt
An Embraer SA 190 passenger aircraft, operated by Kenya Airways Ltd., stands on the tarmac during a reopening ceremony at Jomo Kenyatta International Airport in Nairobi, Kenya, on Wednesday, July 15, 2020. Kenya Airways Plc started a three-month round of job cuts as lawmakers debate a bill to nationalize the carrier and its losses mount […]
Kenya: Boeing Backs Africa’s First Aviation Hub By Kenya Airways
Dubai — Boeing has announced a partnership with Kenya Airways to support its recently launched, Fahari Innovation Hub. The announcement ceremony took place at the Dubai Airshow 2021, with KuljitGhata-Aura, President of Boeing Middle East, Turkey and Africa, and Allan Kilavuka, Group Managing Director and CEO of Kenya Airways, in attendance. Launched in July 2021, […]
State commits to parastatals reforms amid IMF, World Bank pressure
Treasury building World Bank and the IMF pressure could soon force Kenya to sale off loss making state agencies and merge those with duplicate roles to plug budgetary deficits. The two global lenders say this will cut revenue wastage and reduce borrowing, in what would see thousands of public servants sent home. The National Treasury […]