Kenya Airways Appoints Seabury Consulting as a Restructuring Advisor
Kenya Airways has appointed Seabury Consulting, part of Accenture, to advise its board on the restructuring process to be undertaken by the airline as it seeks to re-settle its debt as well as improve its revenues on a long-term business…
Kenya Airways To Undergo $1 Billion Restructuring
With the international airline market still struggling to recover from the drop in demand driven by the Covid-19 pandemic, carriers deeply relying on international connections have had to face tough choices in the past 24 months. One of these is…
British Airways Forms New Codeshare With Kenya Airways
Connectivity is considered to be the very heart of an airline's success because what more could passengers ask for besides convenient and seamless connections to wherever they wish to go. Whilst it might currently seem impossible for any airline to…
Kenya Airways’ Fahari Innovation Hub Launches
The pioneering Startup and innovation hub from Kenya Airways, Fahari Innovation Hub, launched on July 8, seeking to bring together entrepreneurs and innovators to share their insights and visions for sustainability, engineering and customer experience objectives to accelerate impactful solutions…
Kenya Airways Needs $500 Million State Aid Package to Remain…
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,…