Kenya Airways PLC is seeking $500 million from the Kenyan government to navigate the COVID-19 crisis after its first-half revenue plunged by 50%, per Group's CEO Allan Kilavuka as reported by Bloomberg. The airline is on the verge of nationalization, a process that is believed will put it on a level playing field with its closest, and regional, rival Ethiopian. “If we don’t restructure the airline, and take the airline as is into this organization, then we are doing a…
Kenya Airways, Kenya's flag carrier, is moving to slash half of its pilot workforce. The move is in line with cost saving measures deemed necessary due to the toll the COVID-19 crisis that has taken, Business Daily reports. Kenya Airways is looking to cut up to 207 of its 414…
After 129 days of government restrictions on international flights, Kenya Airways will recommence international routes in the face of the COVID-19 pandemic that has spanned the globe and caused a worldwide travel dropoff, African Aerospace reports. “Since resuming domestic flights on July 15, 2020, we have been monitoring the adherence…
In a bid to retain its financial flexibility and optimize on the lack of connectivity throughout Africa, the government of Kenya is on the verge of nationalizing its flag carrier to retain market share while aiding the troubled airline in its restructuring process. Lawmakers passed the nationalization bill which entails…
The global aviation industry remains to be the worst-hit industry with the unprecedented pandemic continuing to bite out the world's biggest economies which the industry plays an integral role. COVID-19 has hit African airlines with the African Airlines Association (AFRAA) calling for collaborative efforts and the stakeholders developing an "all-inclusive…
Kenya Airways has been granted the green light to introduce three weekly flights connecting Kenya's capital, Nairobi, with Ben Gurion International Airport in Tel Aviv. The new route will be subject to permission by the Sudanese government to fly over its airspace. Kenya Airways was previously scheduled to begin the…
Throughout this series surrounding airline privatization we have explored numerous ways airlines can join the public markets, such as public issuance of shares, trade sales, and gradual privatization. We’ve gone through a large chunk of the methods many airlines have gone through when going public but there still are a…
Kenya Airways' recently launched a historic nonstop flight from Nairobi to New York, connecting Kenya and the East African region to New York with a nonstop flight for the first time. The aircraft used by KQ, as Kenya Airways is commonly referred to, for the ultra-long-haul flight was the Boeing 787-8…
Kenya Airways inaugurated its new longest flight on Monday from Nairobi to New York, becoming the first and only airline to connect East Africa and New York with a nonstop flight. The near-6,400 nautical mile long flight from Kenya’s capital city to New York touched down at sunrise on Monday,…
