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Kenya Airways
From Wikipedia, the free encyclopedia
| Kenya Airways | ||
|---|---|---|
 |
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| IATA KQ |
ICAO KQA |
Callsign KENYA |
| Founded | 1977 | |
| Hubs | Jomo Kenyatta International Airport | |
| Focus cities | Moi International Airport | |
| Frequent flyer program | Flying Blue | |
| Member lounge | KLM Crown Lounge | |
| Alliance | SkyTeam (associate) | |
| Fleet size | 23 (+12 orders) | |
| Destinations | 42 | |
| Company slogan | "The Pride of Africa" | |
| Headquarters | Nairobi, Kenya | |
| Key people | Titus Naikuni (CEO) Neil Canty (CFO) Evanson Mwaniki (Chairman) |
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| Website: http://www.kenya-airways.com | ||
Kenya Airways, the flag carrier airline of Kenya, based in Nairobi, Africa, started operations on 4 February 1977 It operates scheduled services throughout Africa and to Europe and the Indian subcontinent, with its main base at Jomo Kenyatta International Airport, Nairobi.[1] The airline, the largest in Kenya, operates more transcontinental flights than any other African airline.[2][3] Moi International Airport in Mombasa serves as a focus city.[citation needed]
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The airline was established in February 1977, after the breakup of the East African Community and the consequent demise of East African Airways[4] and was wholly owned by the Kenyan government until April 1996.
In 1986, Sessional Paper Number 1 was published by Kenya's government, outlining the country's need for economic development and growth. The document stressed the government opinion that the airline would be better off if owned by private interests, thus resulting in the first attempt to privatize the airline. The government named Mr. Philip Ndegwa as Chairman of the Board in 1991, with specific orders to privatize the airline. He heads a renewed company cabinet. In 1992, the Public Enterprise Reform paper was published, giving Kenya Airways priority among national companies in Kenya to be privatized.
In the fiscal year 1993 to 1994, the airline produced its first profit since the start of commercialization. Also in 1994, the International Finance Corporation (IFC), was appointed to provide assistance in the privatization process. In 1995, Kenya Airways restructured its debts and a made a master corporation agreement with KLM that bought 26% of the shares in Kenya Airways and becames the largest single shareholder. In 1996, shares were floated to the public, and the airline started trading on the Nairobi Stock Exchange. In October 2004, the company crosslisted its shares at the Dar-es-Salaam Stock Exchange. In April 2004 the company re-introduced Kenya Airways Cargo as a brand and in July 2004, the company's domestic subsidiary Flamingo Airlines was reabsorbed.
In 2005 Kenya Airways changed its livery. The four stripes running the length of the fuselage were replaced by the slogan "Pride of Africa". The KA tail logo was replaced by a styled "K" encircled with a "Q" to evoke the "KQ" call letters for the airline. In the 6 months ending 30 September 2005, profits after tax rose 48% vs 2004-5 to Kshs 2.231 Billion (US$30 Million) and over 1.2 million passengers were carried.
In the 6 months ending 30 September 2004, profit after tax was $19.5 million, compared to $4.5 million for the same period the previous year. This has been attributed to KTAP (Kenya Airways TurnAround Project) overhauling the airline's revenue management, cost structures and route and fleet planning.[5]
In the full year results ending 31 March 2005, profits after tax almost tripled over 2003-4 to Kshs 3.882 Billion (US$50 Million) and over 2 million passengers were carried.
Kenya Airways announced record profit growth for 2005-06. After-tax profits increased from 3.88 billion Kenya shillings (about $54 million USD) to 4.83 billion shillings. [6]
In March 2006 Kenya Airways won the 'African Airline of the Year' Award for 2005, for the fifth time in seven years.[7]
Ppassenger numbers in the fiscal year 2006 (April 2006 - March 2007) were a record 2.6 million.[8]
On September 4 2007 SkyTeam, the second largest airline alliance in the world, welcomed Kenya Airways as one of the first official SkyTeam Associate Airlines.[9]
The airline is owned by individual Kenyan shareholders (30.94%), KLM (now Air France-KLM) (26%), Kenyan government (23%), Kenyan institutional investors (14.2%), foreign institutional investors (4.47%) and individual foreign investors (1.39%).[10] It has 2,408 employees (at March 2007). Kenya Airways also owns 49% of Precision Air in Tanzania.[1]
- For a complete list of destinations, see: Kenya Airways destinations
Kenya Airways flies:
- 56 times per week to Mombasa [11]
- 28 times per week to Entebbe (Kampala)
- 18 times per week to Amsterdam(together with KLM)
- 10 times per week to London
- 10 times per week to Dubai [12]
- 7 times per week to Zanzibar [13]
- 6 times per week to Lagos
- 5 times per week to Kinshasa [14]
- 4 times per week to Bamako
- 3 times per week to Paris
- 3 times per week to Lubumbashi [14]
- 3 times per week to Bangkok [15]
- 2 times per week to Istanbul [16]
Kenya Airways codeshares with KLM and Air France, giving passengers access to European destinations, including Glasgow, Athens, Rome, Zurich, Manchester, Madrid, Copenhagen, Berlin, Frankfurt and Barcelona. On November 21st 2007, the airline began codeshare with China Southern Airlines, giving access to cities in China inclduing Beijing and Shanghai. It will also have access to Seoul, Tokyo and Australia.
The Kenya Airways fleet consists of the following aircraft as of September 5 2007:[17][18][19]
| Aircraft | Total | Passengers (Premier World/Economy) |
Notes |
|---|---|---|---|
| Boeing 737-300 | 4 | 116 (16/100) | Short haul regional routes |
| Boeing 737-700 | 4 | 116 (16/100) | Short haul regional routes |
| Boeing 737-800 | 2 (3 orders)[18] |
145 (16/129) | Short haul regional routes |
| Boeing 767-300ER | 6 | 216 (20/196) | Long haul international and intercontinental routes |
| Boeing 777-200ER | 4 (1 option) | 322 (28/294) | Long haul intercontinental routes |
| Boeing 787-8 | (9 orders) (4 options)[20] |
263 | Long haul international and intercontinental routes |
| Embraer 170LR | 2[19] (1 orders)[21] |
72 | First entry into service July 20 2007, second in September 2007 GECAS Lease |
| Saab 340B | 2 | 34 | Short haul routes within Kenya |
- Kenya Airways average fleet age is 7.8 years in August 2007 [22].
- In 2004 the airline took delivery of three Boeing 767-300 Extended Range 221-seater aircraft and acquired two Boeing 737-700 jets with blended winglets. Another two B767-300 were leased in February and March from GECAS and the Airbus A310 fleet retired. In 2005 Kenya Airways ordered three Boeing 777-200ER aircraft, with the last delivery in February 2007, at a cost of ~$500 million.[citation needed]
- Kenya Airways has announced the phasing out the Boeing 737-200 fleet, and replacement with Boeing 737-800.[23] All three Boeing 737-800 have been delivered from Singapore Aircraft Leasing Enterprise (SALE) [24]
- In 2006 Kenya Airways ordered six Boeing 787 Dreamliners and plans to replace its Boeing 767s with the Dreamliners, beginning with the delivery of two aircraft in 2010, and four in 2011 [20].
- On 31 January 2000 the airline suffered its first fatal accident when an Airbus A310 crashed after takeoff from Abidjan, Côte d'Ivoire, killing 169 of the 179 people aboard (see Kenya Airways Flight 431). The plane took off and dropped into the Atlantic Ocean, killing 169 people. There were 10 survivors, one of whom swam to shore.[1]
- On 5 May 2007 Kenya Airways Flight 507, a Boeing 737-800, crashed 5.4 kilometres southeast of Douala International Airport in a mangrove swamp[2], after taking off for Nairobi. The flight originated in Abidjan, with a stopover in Douala to pick up passengers. The plane was carrying 105 passengers from 26 countries and 9 crew members. All perished in the incident. Rescue efforts were hampered by the difficult terrain of the crash site.
- ^ a b "Directory: World Airlines", Flight International, 2007-04-03, p. 100.
- ^ http://www.luchtzak.be/article11260.html
- ^ http://www.myafricatoday.com/kenya-airways-signed-an-order-of-787-8-dreamliners-with-boeing/566
- ^ Kenya Airways: History
- ^ Airliner World, March 2005
- ^ Business in Africa
- ^ Kenya Airways: Kenya Airways Wins African Aviation Award March 14, 2006
- ^ Kenya Airways: 2006/07 Year end results March 31, 2007
- ^ Kenya Airways: SkyTeam strengthens global network with addition of three Associate Airlines September 4, 2007
- ^ Kenya Airways: Kenya Airways Shareholder Profile March 31, 2006
- ^ http://www.farecompare.com/flights/Nairobi-NBO/city.html
- ^ http://travelvideo.tv/news/more.php?id=A1521_0_1_0_M
- ^ http://www.farecompare.com/flights/Kenya_Airways-KQ/airline.html
- ^ a b Kenya Airways: Democratic Republic of Congo - Overview
- ^ http://www.nomadtours.co.za/article_2006-4-27_2.html
- ^ http://www.travelafricamag.com/content/view/1228/137/
- ^ Kenya Airways: 2006/07 Financial End Year Investor Briefing Presentation March 31, 2007
- ^ a b Kenya Airways: Kenya Airways to Acquire New Aircraft August 27, 2007
- ^ a b Kenya Airways: Kenya Airways receives the first Embraer 170 LR plane July 20, 2007
- ^ a b Boeing: 787 news December 17, 2006
- ^ Kenya Airways: Kenya Airways Orders 3 Embraer Regional Jets November 27, 2006
- ^ Kenya Airways Fleet Age
- ^ Boeing 737-200 replacements
- ^ Airliner World January 2007
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