Tag: Kenya Airways

Kenya Airways gets permit for direct US flights

| September 9, 2017 | 0 Comments
Kenya Airways gets permit for direct US flights

The United States government has granted Kenya Airways #ticker:KQ a permit to operate direct flights to America. According to an order issued by the Department of Transportation, the permit became effective on September 5. The Department of Transportation had in June recommended that KQ, as the airline is commonly known, be granted the permit if […]

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Kenya Airways to start direct flights to US in April 2018

| June 8, 2017 | 0 Comments
Kenya Airways to start direct flights to US in April 2018

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. Transport Cabinet Secretary James Macharia said the airline had lodged an application and was waiting for feedback […]

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Kenya Airways cuts losses by half to 10.2Bn as turnaround strategy takes off

| May 25, 2017 | 0 Comments
Kenya Airways cuts losses by half to 10.2Bn as turnaround strategy takes off

NAIROBI, Kenya, May 25 – Hope has returned at the pride of Africa as Kenya Airways cut their losses by 51 percent in 2017 to hit Sh10.2 billion compared to the Sh26 billion it recorded in 2016. KQ Chief Executive Mbuvi Ngunze says the turnaround strategy the airline has been implementing in the last one […]

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Kenya Airways terminates Kenya Sevens rugby sponsorship deal

| November 8, 2016 | 0 Comments
Kenya Airways terminates Kenya Sevens rugby sponsorship deal

Kenya Airways has officially terminated its sponsorship of the Kenya Sevens rugby team after seven years. Chief Executive Officer Mbuvi Ngunze said the airline, which has been a Shujaa’s title sponsor since 2010, spending over Sh900 million in cash and kind, has evaluated its current business strategy and opted not to renew the sponsorship. Even […]

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KQ makes Sh900m operating profit,net loss down to Sh4.78 billion

| October 27, 2016 | 0 Comments
KQ makes Sh900m operating profit,net loss down to Sh4.78 billion

Kenya Airways has announced an operating profit of Sh900 million, bringing net loss down to Sh4.78 billion for the half year ended September 30. Financial statements showed the loss was down to Sh7.13 billion from Sh11.95 billion posted in the same period last year. Chief executive Mbuvi Ngunze said the loss reduction was underpinned by […]

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