Sat, 07-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ethiopian Airlines Bags Deal to Ferry Kenya's Cargo

    Eunniah
    By Eunniah Mbabazi
    - April 14, 2020
    - April 14, 2020
    African Wall StreetAviationKenya Business news
    Ethiopian Airlines Bags Deal to Ferry Kenya's Cargo

    Africa’s largest airline, Ethiopian Airlines, has bagged the prestigious deal to carry Kenya’s cargo from JKIA to Europe and Asia using six of its passenger aircrafts.

    The move has attracted foul cries from Kenya Airways (KQ), arguing that the deal will give Ethiopian carrier leverage in a period when KQ is solely depending on cargo shipment for revenues, after suspension of all international passenger flights.

    Business Daily reports that the Ministry of Transport’s move to allow Ethiopian Airlines to vary its license for passenger planes risks costing KQ its business of shipping flowers, fresh fruits, vegetables, etc, to Kenya’s largest market, Europe.

    KQ chief executive officer Allan Kilavuka said the carrier was not consulted on the impact that the Ethiopian Airlines deal would have on its business.

    We have objected to the move to have Ethiopian Airlines use their passenger flights for cargo business in Kenya because we were not consulted on the impact that this would have on our business. Anytime you have a carrier wanting to come to your domain, you need to be consulted so that you are not disadvantaged at your primary market.

    BD Quotes Kenya Airways CEO, Allan Kilavuka

    KQ is suffering more losses after the government barred movement into and out of Nairobi, Mombasa, Kwale, and Kilifi, making it entirely dependent on cargo business. However, the national carrier has already applied for a state bailout to remain afloat.

    See Also:

    Suspension of Nairobi-China Flights Costs KQ $8 Million

    Ethiopian Airlines Loses $550 Million to COVID-19

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa