AfDB to Arrange Financing for Ethiopia's US$ 10bn Mega Airport
Ethiopia has moved closer to building Africa's largest airport after signing a mandate letter with the African Development Bank (AfDB) to arrange financing for a new greenfield facility in Bishoftu. [...]
AFRAA Warns Against Profit-Driven Airport Concessions, Months After Adani Deal Cancelation
An emerging trend across Africa is the increasing outsourcing of airport services and operations to private sector businesses through concessioning agreements. “These private entities are motivated by profit and often [...]Africa’s Aviation Lifts Off 113mn Flyers, JKIA Ranks Top Ten Busiest Hubs
Africa's aviation industry is poised for strong growth, with the African Airlines Association (AFRAA) projecting passenger numbers to rise to 113 million in 2025, a 15.3% increase from 2024. “African airlines are increasingly [...]Aviation Regulator Approves Konza City as First Drone Corridor to Boost Long-Range Operations
Kenya has approved the Konza technopolis as its first airspace dedicated entirely to drones, giving a green light to long-range flights that could soon deliver medicine, monitor crops, and respond [...]Kenya Airways and Visa Partner on Co-Branded Cards in Push for Digital Travel Payments
Visa and Kenya Airways have announced a strategic partnership to launch co-branded credit and debit cards, a move aimed at deepening digital payment adoption in the airline sector and offering [...]Kenya Airways' Workforce Grew by 8% in 2024
National carrier Kenya Airways (KQ) has announced an 8% increase in its employee base last year, bringing the total workforce to 4,705 individuals. “We are firmly on track to achieve our [...]Africa's Aviation Sector to Withstand US Travel Restrictions, Demand to Grow 8%-IATA
The newly instituted US visa bans targeting certain African countries are expected to have a limited impact on the continent's aviation industry. “As the industry eyes growth, success will depend [...]Court Awards KSh 2.08mn to Ex-Employee Caught Up in Kenya Airways-KLM Contract Dispute
The Employment and Labor Relations court has ruled that the dismissal of Michael Kariuki Nderitu by Kenya Airways Plc was unfair, awarding the former procurement officer KShs 2.08 million in [...]Kenya Airways’ 50-Year Flight: From State Carrier to Restructured National Pride
Kenya Airways, “The Pride of Africa,” has navigated a complex 50-year journey—from its 1977 founding to privatization, collapse, and a historic 2024 turnaround. This in-depth article traces the airline’s financial evolution, strategic shifts like Project Mawingu and Kifaru, CEO transitions, and the role of state bailouts, culminating in its first profit since 2012.
Kenya Airways 2024: The Plan, The Profit, and the Road to Recapitalization
In an exclusive interview with The Kenyan Wall Street, Kenya Airways (KQ) acting CFO Mary Mwenga outlines the airline’s internal transformation—from cultural shifts to balance sheet overhauls—and what it will [...]Only 2% of Arriving Passengers Use Domestic Flights to Final Destinations-IATA
Only 2% of passengers arriving internationally in Kenya continued to their final destination on domestic flights, according to a new report by the International Air Transport Association (IATA). Africa is the largest international market for passenger flows [...]KQ Soars to Profit as Foreign Exchange Gains Boost Earnings
Listed carrier Kenya Airways (KQ) has posted a net profit of KSh 5.4 billion for 2024, up from a KSh 22.68 billion loss in 2023, breaking a decade-long spell of [...]
