Kenya Airways Embraer 190-100 Also on ch-aviation
Kenyan airlines, including Kenya Airways (KQ, Nairobi Jomo Kenyatta ), its low-cost subsidiary Jambojet (JM, Nairobi Jomo Kenyatta ), and Skyward Express (OW, Nairobi Wilson ), have suspended domestic flights until further notice to comply with a new COVID-19 lockdown ordered by President Uhuru Kenyatta.
Kenya Airways, according to a tweeted statement, halted domestic flights between Nairobi Jomo Kenyatta and Mombasa , and Nairobi and Kisumu , from 1200L (0900Z) on March 29, 2021.
International flights remained unaffected, but passengers were required to present negative COVID-19 tests.
President Kenyatta on March 26 announced travel restrictions by road, rail, and air in and out of the capital and four surrounding counties – Kajiado, Machakos, Kiambu, and Nakuru – to slow surging COVID-19 infections. The Kenya Civil Aviation Authority on March 27 announced all domestic flights would be suspended from noon on March 29.
Jambojet, in a statement, confirmed it had suspended operations from Nairobi to Mombasa, Kisumu, Eldoret , Malindi , and Diani at noon on March 29 until further notice. It…
On the same day that Kenya Airways (KQ, Nairobi Jomo Kenyatta ) announced a pre-tax loss of KES36.57 billion shillings (USD333 million) for 2020 – nearly triple that of the previous year – chief executive Allan Kilavuka revealed that the beleaguered flag carrier was looking for about KES10 billion (USD91 million) in additional government funding.
Kenya’s National Treasury has already provided KES28 billion (USD255 million) to the company in the guise of a loan, Kilavuka told journalists on March 23, as reported by Bloomberg News, but this still falls short of the total KES38 billion (USD346 million) he claimed was needed. The terms of the aid are still under discussion, he added.
“It would have been better to have an injection of capital, if it were possible,” he said. “The issue with getting bits and pieces is that you tend to use that for operations as opposed to restructuring the debt.”
Further funds are needed, the CEO said, both for debt repayments and for working capital. If the government will not allocate the additional money, Kenya…
Kenya Airways (KQ, Nairobi Jomo Kenyatta ) is to receive KES10 billion Kenyan shillings (USD91.3 million) in COVID-19 state aid less than a year after securing a KES5 billion (USD45.6 million) loan from the Treasury.This has emerged from supplementary budget estimates of further sums required for the year ending June 30, 2021, which […]