Africa: Kenya Mulls Introducing Direct Flights To Somaliland Capital Hargeisa

Kenya advisory skies domestic airlines cape mombasa

With frosty relations between Kenya and Somalia which has seen the former close its borders and bar flights to and from Mogadishu, Kenya Airways is considering Hargeisa as its next destination in the Horn of Africa. This will be a massive boost for trade between Kenya and Somaliland. Kenya Airways has previously done a feasibility study on Hargeisa with the […]

Read more

Africa: Kenyan Lawmakers Propose Nationalization of Kenya Airways

Kenya advisory skies domestic airlines cape mombasa

Kenya’s parliamentary transport committee proposed the nationalization of Kenya Airways Plc after rejecting the airline’s proposal to allow it to manage the nation’s biggest airport. The committee proposed creating a holding company with four subsidiaries including the carrier and the Jomo Kenyatta International Airport, according to a report tabled in the National Assembly on Tuesday. The other two units are […]

Read more

Africa: Shocking details of mysterious owners of Kenya’s SGR firm

kenya

Kenya signed a secret agreement with the Chinese allowing a mystery company with unknown local shareholders to run the Standard Gauge Railway, documents seen by the Sunday Nation show. Publicly, China Road and Bridge Corporation (CRBC), a State-owned Chinese company with Kenyan offices, will run the trains for 10 years, but a “special purpose operating company” was formed in May […]

Read more

Africa: Though Kenya Airways controls 60% of Traffic at JKI Airport and 83% of revenue it is losing Market share to others

Kenya advisory skies domestic airlines cape mombasa

In territorial competition, preferential treatment at home has a bearing on the overall performance of a business. Kenya Airways (KQ) has, however, had to bear the brunt of a shortsighted system. The airline is responsible for about 60 per cent of overall traffic at the Jomo Kenyatta International Airport (JKIA) and contributes 83 per cent of Kenya Airports Authority (KAA)’s […]

Read more

Africa: Kenya unveils new generation currency notes

kenya

The Central Bank of Kenya has unveiled new generation currency notes. The new bank notes in Sh50, Sh100, Sh200, Sh500 and Sh1000 denominations were unveiled by the CBK during Madaraka Day celebrations in Narok County on June 1, 2019. The front of the notes bears the image on Kenyatta International Convention Centre, one of the iconic land marks in Kenya. […]

Read more

Africa: Why turning around Kenya Airways was a tough task for Mikosz

kenya

When Sebastian Mikosz was appointed in 2017 to head the ailing national carrier Kenya Airways , it was hoped that his tenure would be the beginning of brighter days for the airline. After all, the Polish national had a good track record behind him, having turned around the fortunes of such companies in Europe, among them Polish government-owned carrier LOT. […]

Read more

Africa: Kenya’s big SGR dream begins to fizzle out as losses mount

kenya

It was billed as the saviour of the choking Mombasa port traffic. Eighteen months down the line, with a string of lost business and livelihoods, the standard gauge railway (SGR) cargo haulage continues to traverse the over 400-kilometre Nairobi-Mombasa stretch with each trip raking up losses. It’s the same sad story for the passenger service which was to complement cargo […]

Read more

Africa: Kenya Airways CEO quits over government meddling

market kenya

Far from the turnaround it was hoping for from Polish chief executive Sebastian Mikosz, Kenya Airways (KQ) is now back to the drawing board again. On Friday, Mikosz announced he would be resigning at the end of 2019, cutting short his tenure which began in June 2017. Mikosz said he was leaving for “personal” reasons and that he would use […]

Read more

Africa: Kenya Airways Continues to Grow Revenues and Narrow Historical Losses

uganda airlines kenya

Kenya Airways recently reported its FY2018 earnings, demonstrating consecutive growth in revenue and narrowed losses even as global report shows African airlines operated at 10% below the estimated average in 2018. The 2018 results are the first since the airline adopted a new financial reporting format to comply with International Accounting Standards (IAS 1, IAS 36 & IAS 37). The […]

Read more
1 2 3 16