Africa: Dr. Elijah Chingosho to retire as AFRAA Secretary General & CEO in 2017

The African Airlines Association (AFRAA) has announced that its Secretary General and Chief Executive Officer (CEO), Dr. Elijah Chingosho, will retire in 2017 after serving seven years in the role. “Eng. Elijah Chingosho has been an effective leader of AFRAA, who has achieved a lot as its The association, said it is regrettable that he will be leaving the Association, […]

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Aviation: Jet Airways and Kenya Airways link African and Indian cities with codeshare agreement

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Jet Airways, India’s premier international carrier and Kenya Airways, the national carrier of Kenya, on November 15 announced an expansion of their existing cooperation by including codeshares on Jet Airways’ domestic flights between Mumbai (BOM), New Delhi (DEL), Ahmedabad (AMD) and Hyderabad (HYD), in order to enhance connectivity choices for guests while travelling from Kenya into India. Through this agreement, […]

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Aviation: Plans to sell Kenya Airways gets investors interest

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Kenya Airways, the national carrier in East Africa’s biggest economy, is in talks with three investors over plans to sell a stake in the loss-making airline and raise cash for its operations. The airlines needs about $600 million in new debt and equity funds to finance its operations, months after it posted a record net loss of $258 million (Sh […]

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Africa: Visa Free travels will drive connectivity and grow trade in Africa says Ngunze CEO Kenya Airways

Mbuvi Ngunze, CEO, Kenya Airways, explains the need for deliberate policies to help boost African aviation and diversity within the industry. Graham Newton reports How is the airline performing and what are your expectations for the year? The airline’s performance is improving but we’re coming from a very tough environment over the past few years. There was a perfect storm […]

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African: “Operation Pride” leads to sack of 80 staff at Kenya Airway

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Over the last few months, Kenya Airways embarked on a turnaround program “Operation Pride” to improve its profitability, revisit its operating model and network, and seek a long term sustainable financial structure for its business. Operation Pride will deliver over USD 200 million of value in various initiatives, half of which focus on increase in revenue and the other half […]

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African: Kenya Airways plans US$690m reorganisation, job cuts

Kenya Airways Ltd, sub-Saharan Africa’s third-largest airline, is planning a 70 billion-shilling ($690 million) restructuring programme that includes reducing its fleet and cutting staff, Chief Executive Officer Mbuvi Ngunze said. The carrier, based in the capital, Nairobi, has been working on a turnaround plan after reporting the largest loss in Kenyan corporate history last year. The carrier plans to raise […]

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Here comes the boom as Kenya Airways plans $690 million restructuring

By Bella Genga (Bloomberg). Kenya Airways, sub-Saharan Africa’s third-largest airline, is planning a 70 billion-shilling ($690 million) restructuring program that includes reducing its fleet and cutting staff, Chief Executive Officer Mbuvi Ngunze said. The carrier, based in the capital, Nairobi, has been working on a turnaround plan after reporting the largest loss in Kenyan corporate history last year. The carrier […]

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