Kenya Airways (KQ) has signed a wet aircraft lease agreement with Congo Airways, which will see the airline rent the two aircraft and crew for an initial two years.
The national carrier is leasing two Embraer jets that remained parked at Jomo Kenyatta International Airport (JKIA) after Kenya Airways cut routes and frequencies on the back of low numbers for passengers.
The deal will see Kenya Airways save over KSh100 million annually on maintenance cost and earn additional revenue from hiring the crafts. The airline has been spending KSh465,000 a day on maintenance for three unused planes.
In April this year, Kenya Airways signed a two-year codeshare agreement with Congo Airways, a move that seeks to create additional connectivity to the two airlines’ networks. The agreement now enables Kenya Airways customers to access Kinshasa directly from Nairobi as well as ply Africa and international routes jointly. The deal will also see the two airlines partner in areas of mutual interest, including aircraft maintenance, training and sharing of excess capacity.
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