Kenya Airways saved $45 million after it changed aircraft lease terms, opting for hourly rates in place of fixed costs. Kenya Airways Chief Executive Allan Kilavuka said the airline reached a deal with lessors in 2021 to only pay when they fly leased aircraft. Paying...
One of Africa’s biggest airlines, Kenya Airways narrows losses occasioned by the COVID-19 pandemic as the carrier expects a 20 percent in revenue in 2022, according to its CEO Allan Kilavuka. The carrier in which the government has a 48.9 percent stake saw revenue go...
The dream of floating a pan-African airline could happen earlier than expected. Kenya Airways 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....
Rhetoric on the need for cooperation between airlines in Africa has never been in short supply, but action had been less forthcoming. In the current aviation landscape, filled by the emergence of new markets, two of Africa’s biggest airlines, Kenya Airways and South...
Despite the devastating effects of COVID-19 resulting in depressing half-year results, Kenya Airways recorded improved performance to the same period last year. The disclosure was made on August 26 when the carrier released its financial results. The Group’s total...
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