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 Kenya Airways

Kenya Airways Ltd., more commonly known as Kenya Airways, is the flag carrier of Kenya. The company was founded in 1977, after the dissolution of East African Airways. The carrier's head office is located in Embakasi, Nairobi, with its hub at Jomo Kenyatta International Airport.

The airline was wholly owned by the government of Kenya until April 1995, and it was privatised in 1996, becoming the first African flag carrier to successfully do so. Kenya Airways is currently a public-private partnership. The largest shareholder is the government of Kenya (29.8.%), followed by KLM, which has a 26.73% stake in the company. The rest of the shares are held by private owners; shares are traded on the Nairobi stock exchange, the Dar es Salaam Stock Exchange, and the Uganda securities exchange.

Kenya Airways is widely considered as one of the leading Sub-Saharan operators; as of January 2013, the carrier was ranked fourth among the top ten ones that operate in Africa by seat capacity, behind South African Airways, Ethiopian airlines and EgyptAir. The airline became a full member of SkyTeam in June 2010, and is also a member of the African Airlines Association since 1977. As of March 2015, the company had 3,986 employees. logo
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updated Thu. June 29, 2017

Customers shopping at Nakumatt Lifestyle, Nairobi, on December 23, 2015. Nakumatt retail stores are closing branches because of heavy losses and inability to pay suppliers.
Ravi Chana is brimming with confidence ahead of this year's Kenya Airways East African Safari Classic Rally, in which he will once again partner with renowned Tanzanian rally driver, Jayant Shah.
A Kenyan government plan to convert Kenya Airways (KQ, Nairobi Jomo Kenyatta) debt to equity has stalled with the Kenyan National Assembly's finance, Trade and Planning committee unable to authorise a parliamentary guarantee of KES77.3 billion ...
Nairobi - The Kenya Airways (KQ) bailout last week raised Kenya's commercial debt to Ksh725.7 billion, fresh Treasury data shows.
Kenya Airways maintained its three day rebound [after a steep sell-off] and rallied +2.63% to close at 5.85 and was trading at 6.00 +5.26% at the finish Line.
The State's move to ramp up stake in State corporations where it had previously divested including Kenya Airways (KQ), Kenya Commercial Bank's acquisition deal of National Bank and Telkom makes it one of the major shareholders.
A woman has moved to court to protest against the continued usage of her photos to advertise an airline following the termination of her contract six years ago.
A model has sued the WPP-ScanGroup and Kenya Airways for using her image to advertise the airline without her consent. Purity Wangechi wants a declaration by the court that advertisements and use of her image - with effect from October 2011 in media ...
The stumble lower in Kenya Airways shares was triggered by a Genghis capital report which spoke of the local banks ending up with about 33% of the equity and an exponential dilution of existing shareholders.
Kenya Airways has moved a step closer to operating direct flights to the United States after the Department of Transportation (DOT) granted it the first set of licences.
Nairobi (Reuters) - Kenya will offer $750 million in guarantees to Kenya Airways' existing creditors to help the heavily-indebted carrier secure financing from other sources to complete its recovery, a cabinet document showed on Tuesday.
Kenya Airways has received "exemption authority" allowing it to commence flights to the US provided it secures clearance from the Federal Aviation Administration (FAA) and other applicable State agencies.
The US Department of Transportation (DOT) has granted Kenya Airways (KQ, Nairobi Jomo Kenyatta) exemption authority and, tentatively, a Foreign Air Carrier Permit (FACP) following an application lodged in late April.
More than 78,000 small Kenya Airways shareholders are set for a massive dilution of their stake in the ongoing restructuring that could leave them owning only about 6.7 per cent of the national carrier from 43.7 per cent.
Kenya Airways investors are set to suffer a major dilution in the proposed capital optimisation programme which was on Wednesday presented to the National Assembly for approval.
Based on Kenya Airways' current market price of Sh6.8 per share, the Treasury will emerge as the biggest shareholder of the national carrier with a 41.1 per cent stake immediately after conversion of its debt into shares.
The government will offer $750 million in guarantees to Kenya Airways' existing creditors to help the heavily-indebted carrier secure financing from other sources to complete its recovery, a cabinet document showed on Tuesday.
Kenya Airways is set to commence direct flights to the United States in April next year. The airline is also working on code-sharing agreements with an American airline, which is expected to come into place October this year.
The government has agreed to guarantee the massive debt Kenya Airways owes creditors subject to approval by the National Assembly.
National Treasury secretary Henry Rotich. The government has moved to convert its existing loans in Kenya Airways #ticker:KQ into equity.
Kenya Airways has renewed its codeshare agreement with EgyptAir on the Nairobi-Cairo route as it seeks to improve connectivity in North Africa.
Kenya will from January start issuing four-day transit visas allowing foreign passengers on Kenya Airways #ticker:KQ awaiting connection flights at the Jomo Kenyatta International Airport to exit for shopping and sightseeing.
Mbuvi Ngunze joined Kenya Airways in 2011 as the chief operating officer before taking over from Titus Naikuni as the Chief Executive Officer in 2014.
Kenya Airways (KQ, Nairobi Jomo Kenyatta) is to undertake a capital restructure as it attempts to rebuild its business following a disastrous few years.
Mr. Adewole also briefed the council about the unfortunate incident where a body was flown into the country from the Democratic Republic of Congo, by Kenya Airways. He said the body was brought into the country without the necessary approval.
But the former Kenya Airways CEO, according to intelligence sources, has a very strong and quiet cooperative movement support which he built from his days as minister for Cooperatives.
The partnership aims at expanding the networks of both airlines. Customers of EgyptAir and Kenya Airways will benefit primarily from more options of connectivity between Cairo and Nairobi which will enable them to travel more conveniently through both ...
The Federal government has formally reported Kenya Airways to the International Civil aviation Organisation for conveying a corpse from the ebola-infected Democratic Republic of Congo to Nigeria without the necessary approval.
Kenya Commercial Bank traded 2.6 million shares at 0.17 dollars to end at the third position while Mumias Sugar came fourth with 1.7 million shares.
A Kenyan government gazette issued on Friday, May 26, indicates the Kenya Airways (KQ, Nairobi Jomo Kenyatta) budget carrier is eligible to operate scheduled international air services out of Nairobi Jomo Kenyatta to/from each of Entebbe/Kampala ...
Nigeria's Minister of Health, Prof. Isaac Adewole has recommended sanctions for Kenya Airways for flying in an unaccompanied body of a Nigerian man who died in the Democratic Republic of Congo (DRC).
Budget carrier Jambojet has been granted approvals to fly regionally, potentially creating competition on some routes with its parent company Kenya Airways. Kenya Civil aviation Authority yesterday published the approval for the new routes that would ...
Deep cost-cutting helped Kenya Airways reduce its full-year net loss by more than half to Sh10.2 billion, showing some green shoots of hope for the national carrier, which is however beset by a flagging topline and wider erosion of shareholders' capital.
The Federal and Lagos State governments are seeking sanction for Kenya Airways for conveying a dead body from ebola infested Democratic Republic of Congo, DRC, without approval from the necessary bodies.
Kenya Airways may start making profit in three years on improved financial and operational efficiencies in a "complex" turnaround strategy, chairman Michael Joseph said yesterday.
The Federal and Lagos State governments are seeking sanctions against Kenya Airways for conveying a corpse from the Democratic Republic of Congo, DRC, without necessary approval even as laboratory test conducted on the body revealed that the ...
Kenya Airways will report keenly awaited full year earnings this morning before the market opening. Kenya Airways firmed +1.54% to close at 6.60 and was trading at session highs of 7.00 +7.69% at the closing bell, suggesting some are ''bulled'' up ...
Kenya Airways showed signs of stability in results released at the half-year to September in 2016. In October 2016, the airline's half-year loss narrowed by 60 per cent, hinting at the possibility of success in a turnaround strategy adopted one year ago.
"We have a long list of routes we could operate," he said, adding they could operate flights jointly with Kenya Airways or target destinations that the parent airline does not serve. Jambojet offers no frills flights to popular destinations such as the ...
Kenya Airways has chosen EPCOR, the subsidiary of AFI KLM E&M, to service and repair all its APUs. This exclusive contract relates to the auxiliary generators for 787s (APS5000), 737 NGs (GTCP131-9B) and Embraer 190s (APS2300).
Jambojet is a wholly owned subsidiary of the Kenya Airways. The budget airline which began operations in 2014 currently operates 70 flights weekly in seven destinations in Kenya.
At that point, the Kenya Airways captain pulled me aside and whispered: "Mr Ngotho, I can see your passport is genuine. But these people just don't want you in their country.
For more, tel: 0344 272 2040/01 697 1360 or visit Kenya Airways flies daily from London-Heathrow to Nairobi and operates new B787-Dreamliners on the routes from Europe, offering award winning business class and economy.
Kenya Airways has introduced random alcohol and psychoactive substances testing for all staff and contracted personnel to curb rising cases of drug abuse.
Also many international carriers cut back their operations to most of West and Central Africa destinations, but the most adversely affected were African carriers like Ethiopia airlines, Arik Air, Kenya Airways, Asky, Air Coted'Ivoire, South Africa ...
Kenya Airways has introduced random alcohol and psychoactive substances testing for all staff and contracted personnel to curb rising cases of drug abuse.
Kenya Airways was the second best traded stock after transacting 1.4 million shares at a high of 0.06 dollars, an 8 percent increase.
Presently only Emirates airlines and Etihad operate direct flight to Dubai while other carriers which ply the Dubai route from Nigeria including RwandAir, Kenya Airways, Ethiopia, among others transit through their home countries. Speaking with Daily ...
Nation Media Group, another listed media firm, has gained 10.7 per cent since the year began, trailing Kenya Airways with a gain of 16.2 per cent in the commercial and services sector.
Could Kenya's aviation sector be slowly going into the hands of foreigners? This is the question that is begging for answers following the appointment of non-locals to head the industry regulator and the national carrier, Kenya Airways. In June last ...




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