Tag: Kenya Airways

George Kamal
BusinessHot News

Kenya Airways acting CEO quits after airline reports $124 million loss

Kenya Airways acting CEO resigns after the airline posts a $124 million first-half loss, with Habil Waswani named interim chief.

Timilehin Adejumobi Timilehin Adejumobi
Kenya Airways lawsuit financial crisis
Hot NewsBusiness

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

Kenya Airways’ H1 2026 loss widened to $124 million as fuel costs, supply constraints and reduced fleet capacity further pressured earnings.

Feyisayo Ajayi Feyisayo Ajayi
Seychelles tropical beach
TourismLuxury

Kenya Airways, Seychelles team up to promote Twin-Centre Africa holidays

Kenya Airways and Seychelles are promoting twin-centre holidays that combine Kenya safaris with Seychelles beaches for North American travellers.

Oluwatosin Alao Oluwatosin Alao
kenya Airways
Hot NewsBusiness

Kenya rushes to sell stake in troubled national airline by year-end

Kenya is accelerating plans to sell a strategic stake in Kenya Airways by December 2026 to inject fresh capital and end persistent state cash bailouts.

Omokolade Ajayi Omokolade Ajayi
Jambojet
BusinessHot News

Kenya’s Jambojet expands in Africa with first Ghana airline maintenance deal

Jambojet Ghana maintenance deal expands Africa's MRO market as Kenya's airline secures its first aircraft servicing contract in Ghana.

Timilehin Adejumobi Timilehin Adejumobi
Kenya Airways lawsuit financial crisis
BusinessHot News

Kenya Airways faces $1 million lawsuit as losses hit $1.6 billion

Kenya Airways faces a $1 million U.S. lawsuit as losses hit $1.6 billion, underscoring liquidity strain and urgent capital needs.

Feyisayo Ajayi Feyisayo Ajayi
kenya Airways
BusinessHot News

Kenya Airways plans $1.5 billion capital injection for expansion

Kenya Airways capital injection plan targets $1.5 billion to expand its fleet, boost routes and strengthen Africa aviation growth.

Timilehin Adejumobi Timilehin Adejumobi
Kenya Airways’ financial strain deepens after $65 million interest default.
Hot NewsBusiness

Kenya Airways’ financial strain deepens after $65 million interest default, $132 million loss

Kenya Airways defaults on $65.6 million interest payment as losses widen, liabilities rise, and operational pressures deepen despite government support.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
Hot NewsExecutives

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
Hot NewsBusiness

After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

Kenya Airways’ recovery faces pressure after a $132.3 million loss, rising debt and stricter global rules limiting state support.

Omokolade Ajayi Omokolade Ajayi
Close-up of South African Airways aircraft.
BusinessHot News

African airlines seek lifelines: SAA bailout, Uganda $113M, Kenya $2B rescue

SAA gains R1 billion equity while Uganda Airlines and Kenya Airways pursue $113 million and $2 billion funding to stabilize operations.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Uganda Airlines secures $113 million for fleet expansion as Kenya Airways seeks $2 billion rescue

Uganda Airlines secures $113 million to expand its fleet as Kenya Airways seeks $2 billion from investors to stabilize operations.

Omokolade Ajayi Omokolade Ajayi