Jambojet, a regional low-cost airline based in Kenya, has obtained a $13.4 million loan from NCBA Group for the financial year ending December 2024. The funding is part of a strategic move to restructure aircraft leases and cover engine maintenance costs, reflecting the airline’s ongoing focus on operational stability and fleet reliability.
Kenya Airways has announced that its Chairman, Michael Joseph, will retire from the airline’s board of directors in June 2025, concluding nearly a decade of leadership at the national carrier. Joseph, a prominent figure in Kenya’s corporate landscape and a former CEO of Safaricom, has played a critical role in steering the airline through a series of operational…
Kenya Airways has announced a strategic codeshare agreement with regional operator Safarilink Aviation, aimed at significantly enhancing domestic connectivity within Kenya. The partnership will provide Kenya Airways’ customers access to an extended network of nine key destinations, enabling smoother travel to remote and underserved regions.
Kenya Airways is actively seeking a significant capital infusion of up to $2 billion. This strategic move is intended to manage its existing debt and facilitate an ambitious fleet expansion to enhance its operational capabilities.
Kenya Airways, a major player in African aviation, is currently facing significant operational hurdles with its fleet of Boeing 787 Dreamliners. According to CEO Allan Kilavuka, three of these aircraft have not been airborne since February 2025, primarily due to the airline’s challenges in securing the appropriate engines and spare parts.
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Kenya Airways (KQ) has initiated a strategic review of its 41.2% stake in Precision Air (Tanzania), citing negative shareholder equity and the need to align with its broader turnaround strategy. The stake, currently valued at approximately $498 million, is under assessment as KQ seeks to optimize its financial position and restructure its investments.
Kenya Airways has taken delivery of a Boeing B737-800, serial 39604, on lease from DAE Capital (UAE), marking the resumption of its fleet expansion strategy.
Air India and Kenya Airways have officially signed a codeshare partnership, strengthening their existing interline agreement and expanding connectivity between India and Africa. The new arrangement will allow passengers to book flights seamlessly across both airlines, increasing travel options between the two regions.
