The airline’s shares will stay off the NSE for another 12 months as the airline restructures ahead of a potential sale Kampala, Uganda | Leo Komminoth | Kenya Airways shares have been suspended from trading for an additional year from 5 January, according to a statement from the Nairobi Stock Exchange. The …
Read More »Uzbekistan to privatize energy, airline, auto companies
Tashkent, Uzbekistan | Xinhua | Uzbekistan will partly privatize several state companies, including Uzbekneftegaz, Thermal Power Plants, Uzbekistan Airways and automaker UzAuto Motors, according to a presidential decree on Saturday. According to the document signed by Uzbek President Shavkat Mirziyoyev, the government will hire an experienced investment bank by May …
Read More »EABC calls for a coordinated East African approach on airlines
Arusha, Tanzania | THE INDEPENDENT | The East African Business Council (EABC) has called for an East African Community (EAC) coordinated approach on the resumption of regional air services. The EABC in a statement warned that differences will frustrate efforts to spur intra-EAC trade and revive the tourism and hospitality …
Read More »South African Airways: Will it survive?
Johannesburg, South Africa | AGENCIES | After writing, South African Airways has entered bankruptcy protection. As yet, it’s unclear what this means for the long-term future of the airline, but the airline must show appointed financial practitioners it can secure the funds to avoid liquidation according to South African law. …
Read More »Kenya Airways’ Non-Stop flight to Cape Town
Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, will unveil non-stop Nairobi-Cape Town flights starting June this year in what appears to be a new wave of expansion. The airline will operate three times a week, every Wednesday, Friday and Sunday, using a Boeing B737-800NG aircraft. It …
Read More »IATA: African airlines see 7.9% rise in demand
Geneva – The International Air Transport Association (IATA) has announced global passenger traffic results for November 2017 showing continued robust demand, including in the African region. The outlook for 2018 also looks great, according to IATA’s Director General and CEO Alexandre de Juniac. “The airline industry is in a good place entering 2018. …
Read More »Kenya Airways ready for non-stop daily flight from Nairobi to New York
Nairobi, Kenya | THE INDEPENDENT | Kenya Airways is set to become the first airline to offer a non-stop flight between East Africa and the United States of America starting October 2018. This will enable Kenya Airways join a small club of African airlines that fly directly to the US …
Read More »Kenya Airways losses drops to Ksh 3.8bn
Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has a recorded 20.5% drop in losses to Ksh3.8bn for the six months to September compared with the same period a year earlier citing reduced costs. The carrier said its operating costs reduced from Ksh53.799bn to Ksh53.075bn during the same …
Read More »VIDEO: NBS to partner with Etihad Airways on tourism, trade
NBS: Etihad Airways in Uganda and NBS Television are targeting a partnership to support business and tourism between Uganda and Middle East, especially Abu Dhabi in the United Arab Emirates. This was part of the discussion held between officials of the two companies, as a team from Etihad Airways visited …
Read More »British Airways Suspends Flights To Entebbe
As of 3rd October 2015, British Airways will halt all flights between London Heathrow and Entebbe. According to Edward Frost, this decision is being taken due to activities to Entebbe not being commercially viable for the flight services provider. Frost further noted that the final service will depart London Heathrow …
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