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KLM | November 06, 2016
Kenya Airways will in a fortnight renegotiate its long-standing joint venture agreement with major shareholder KLM, the national carrier’s new chairman Michael Joseph has said. The former Safaricom chief executive said he is flying to the Netherlands to meet KLM’s chief executive in two weeks to discuss ways of amending the clauses which disproportionately favour KQ’s partner of 16 years....
Airwise | June 15, 2017
Kenya’s parliament has approved a KES77.5 billion (USD$747 million) loan guarantee for Kenya Airways as the West African airline continues its restructuring efforts. The government’s support also includes the conversion of existing loans to the airline into equity. The amount currently owed to the government is about USD$243 million including accrued interest....
KLM | July 28, 2016
National carrier Kenya Airways (KQ) has defended its partnership with Dutch airline KLM saying that it is still commercially viable....
AllAfrica | January 29, 2019
Ethiopian Airlines announces plans to 'restructure its entire U.S. network' which will see them opening new destination, adding frequencies and shifting gateways.Ethiopian Airlines, the largest aviation group in Africa and alerted by a recent move by one of the major competitors Kenya Airways, has announced its plans to restructure its entire US network.US market is increasingly becoming important for African airlines with several of them making flights either directly or with single sto...
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