AviationFeaturedKenya Airways plans to layoff 590 jobs in second phaseInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 Last month, it eliminated 700 staff members as part of the first phase of the exercise... Read more
AviationFeaturedKenya Airways resumes flight operations; faces stiff competitionInternational Finance Business DeskJuly 15, 2020 by International Finance Business DeskJuly 15, 2020 The airline is facing stiff competition from Safarilink, Skyward Express and Fly540... Read more
AviationFeaturedKenya Airways records a 12% increase in revenue for 2019Pritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 This is attributed to the expansion of the network, improved passenger, cargo, ancillaries, and other revenue streams... Read more
AviationFeaturedKenya Airways to suffer net loss of Sh12.98 bn in 2020Pritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The carrier attributes its poor performance to the adoption of IFRS 16 last year... Read more
AviationFeatured72 airlines cut capacity by 100% amid Coronavirus outbreakInternational Finance Business DeskMarch 25, 2020 by International Finance Business DeskMarch 25, 2020 85% of the global airlines have made capacity cuts of 60% or more as Covid-19 spreads... Read more
AviationFeaturedKenya Airways to ground 90 percent of its fleet following Coronavirus threatInternational Finance Business DeskMarch 24, 2020 by International Finance Business DeskMarch 24, 2020 Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order... Read more
AviationFeatured2020: Coronvairus to see African airlines lose $40 mn in revenuePritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Many African airlines such as EgyptAir, RwandAir and Kenya Airways have suspended flights to China... Read more
AviationFeaturedKenya Airways names its subsidiary Jumbojet’s head as new CEOPritam BordoloiFebruary 28, 2020February 28, 2020 by Pritam BordoloiFebruary 28, 2020February 28, 2020 Allan Kilavuka was serving as the acting chief executive since the post became vacant... Read more
AviationKenya Airways to receive more state funds for bailoutInternational FinanceJanuary 13, 2020March 18, 2020 by International FinanceJanuary 13, 2020March 18, 2020 The national carrier’s loss last year is expected to be lower by 25%... Read more
AviationKenya Airways’ losses to increase by 25% despite restructuringPritam BordoloiDecember 19, 2019 by Pritam BordoloiDecember 19, 2019 The carrier is expected to record a net loss of at least Sh7.3 bn in 2019... Read more