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Old November 5th, 2011, 05:56 AM   #101
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Kenya Airways' profit jumps 38 pct in H1
Reuters

Kenya Airways said on Thursday its pretax profit rose by 37.7 percent in its first-half ended September to 2.83 billion shillings ($29 million), thanks to increased passenger and cargo haulage at higher yields during the period.

Fuel hedging helped to cushion higher costs of oil, the company's finance director Alex Mbugua told investors, offsetting rising costs due to the shilling's depreciation against the dollar.

This sent earnings per share for the period up nearly 42 percent to 4.40 shillings per share. ($1 = 96.850 Kenyan Shillings)
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Old November 7th, 2011, 07:33 PM   #102
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More info on KQ's fleet expansion

KQ to triple fleet size in ten years
Nairobi Star

Kenya Airways has unveiled a new 10-year plan where it envisages trebling its fleet from the current 31 planes to 107 by 2021. The ambitious plan will also see the national carrier fly to 115 destinations including two routes to North America. During the period it will also open six new destinations in China and five in India.

Key to the plan will be the acquisition of 26 long-range Boeing 787 Dreamliners supported by 31 regional Embraer 190s and a mix of Boeing 777s and 737s. The Board has taken cognisance of the cyclical traffic demand and has approved a ten year plan that will enable Kenya Airways remain competitive by positioning itself to capture traffic flows in the future, the company said in a statement. Plans are underway to float a rights issue expected to target more than Sh20billion which will be used toward payment for the first Dreamliners that will be delivered in 2013.

According to Industry practice, down payment for new jets is supposed to be done 24 months before delivery. KQ which reported a half-year pre-tax profit of Sh2.8billion last week said it was now breaking even on its new routes in record time perhaps encouraging the expansion. Like Jeddah, the first flight we made, we made money, CEO Titus Naikuni said during the investor briefing on Thursday.

The airline will also set up a cargo division with a director once its starts flying freighters. In the next four weeks it expects delivery of a Boeing 747 freighter that will fly from China to Nairobi. Two smaller 737 freighters will be used to feed and defeed the 747. Its ageing 767 long-haul jets will be retired to pave way for the 787 Dreamliners.

Two Dreamliners are expected to come in 2013 and five more in 2014. By 2015, KQ aims to have a fleet of 68 planes. The airline will bring in 60 -70 expatriate pilots to captain its planes over the next two years as there is a shortage of experienced captains in the country. To better ward off competition in the region, the national carrier will form a subsidiary low-cost carrier named Jambo Jet that will take on both local rivals Jetlink and Fly 540 as well as newcomers. Etihad Airlines is said to be one of those planning to enter the regional stakes. KQs main challenges will be the cost of fuel, competition and aero-politics.
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Old November 9th, 2011, 04:43 PM   #103
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Hey ddeůx what do you think we help each other i help you with the Kenya Airways thread and you help me in the Ethiopian Airlines thread where the only African here so we have to help each other in this Forum
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Old November 9th, 2011, 04:45 PM   #104
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Old November 14th, 2011, 08:08 AM   #105
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KQ737-306
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http://www.flickr.com/photos/sam-nag...n/photostream/

KQ737-2U8(ER)
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Old November 14th, 2011, 08:10 AM   #106
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Dreamliner to make debut landing at JKIA
BDA

The Dreamliner Boeing 787 — which first took to the skies in September — will make its debut landing at the Jomo Kenyatta International Airport before the end of the year.

A team from Kenya Airways is expected to fly in the plane, which would carry selected passengers for a short flight to give travellers a taste of the Dreamliner experience.

Kenya Airways has an order for nine Dreamliners, with the option to take four. The first of its order is expected in October 2013, two years behind schedule.

The company is looking to increase its fleet to more than 100, move to new destinations and increase frequencies on lucrative routes over the next 10-years.

To achieve this growth strategy, the airline expects to raise part of the money in a rights issue. The date and amount of money the airline wants to raise are yet to be made public.

However, a note from NIC Securities, said KQ is expected to raise at least Sh23 billion. It predicts that the airline may discount its share by up to 22 per cent in the rights issue. This would put the price at about Sh20 a share.

Alex Mbugua, KQ’s financial director, told investors last month that part of the money raised would go towards pre-delivery payments for the Dreamliner. Airlines are expected to make payments for aircraft two years before delivery.

“The first pre-delivery payment should have gone last month and that is why we are coming to the market now,” he said.
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Old November 21st, 2011, 05:38 AM   #107
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Kenya Airways stick to its guns as some hoteliers complain about dollar fares
eTurbo News

Rumbles from within the tourism industry are slowly emerging over Kenya Airways recent introduction of US dollar-based domestic fares, which can be paid with the equivalent of Kenya shillings at the exchange rate valid on the day of the transaction.

We need to be able to offer packages to the coast, for instance, at a fixed price in Kenya Shillings and clients do not like the uncertainty to be asked for extra money in case the shilling goes down against the dollar, and we also do not like to give the impression we are keeping clients money when the shilling goes up, and they have paid a certain amount for their round trip to say Malindi or Mombasa. We were not asked for our opinion, and yet a lot of clients fly to the coast, because we sell them domestic packages. Maybe Kenya Airways could rethink this decision, said a periodic source from Nairobi when asked for an opinion.

Meanwhile though, a regular source from Embakasi, has as usual on condition of anonymity, insisted it was the right thing to do under the circumstances: and our international fares have always been given in dollars, and travelers had to use their shillings at the days exchange rate to pay, if they had not changed into dollars already. The domestic market is a difficult one, and we, last year and this year, made fantastic offers for stand-by tickets and for pre-booked and prepaid fares. It is the circumstances, the cost of fuel, which is in dollars, which made the airline reconsider. Depending on where the shilling goes, our passengers may have to put in less shillings, so they can even benefit.

The emerging arguments, however, also show that the decision was not universally welcomed and other airlines flying on the main jet routes, like JetLink, have vowed to retain a shilling fare come what may, as they are trying to claw back market share through such means, too.
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Old November 21st, 2011, 05:42 AM   #108
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KQ Flights over Burundi
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Old November 21st, 2011, 05:44 AM   #109
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KQ B767-600 ER by Siddarth Bandary

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Old November 21st, 2011, 05:44 AM   #110
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Quote:
Originally Posted by lady gaga View Post
Hey ddeůx what do you think we help each other i help you with the Kenya Airways thread and you help me in the Ethiopian Airlines thread where the only African here so we have to help each other in this Forum
agreed
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Old November 21st, 2011, 07:26 AM   #111
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Quote:
Originally Posted by đđeůx View Post
agreed
Hope for biggies to explore Sudan,Ethiopia and Kenya Airways...also I recommend Egypt Air .....
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Old November 22nd, 2011, 07:06 AM   #112
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KQ B777 at Manchester
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Old December 12th, 2011, 04:57 AM   #113
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Kenya Airways seeks to expand Mideast service
Gulf News

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Dubai: With the Nairobi-Dubai route currently accounting for around 12 per cent of Kenya Airways' revenue, the African carrier is looking to expand its Middle East presence.

"We have a 10-year growth plan in which the Middle East features prominently. While we currently operate to Dubai, Muscat and Jeddah, future plans include launching services to Beirut, increasing frequency to Dubai to 14 a week, and also looking at a few other cities in the Middle East," Abraham Joseph, Kenya Airways regional manager for the Middle East and Pakistan, told Gulf News.

He added that the carrier expects to contribute a better share from the region over the next two to three years, and at present enjoys a healthy load factor of 85 per cent on the Kenya-UAE route.

Outlining improved profitability achieved by Kenya Airways in the half-year ended September 30 against the year earlier period, the carrier stated that the Middle East passenger numbers grew by 24 per cent.

"The response to our newly-launched Jeddah route has been very positive, which adds to our success," said Joseph.
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Old December 12th, 2011, 04:58 AM   #114
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Kenya Airways ups talent war with pilots hiring
BDA

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The national carrier on Friday began the search for pilots for its Boeing 737 planes and the recently acquired Brazilian Embraer — which are mainly used in domestic and short regional routes.

Aviation players say KQ will need to hire at least 200 more pilots from its current 377 over the next five years to back its plan to grow its fleet from 33 aircraft to 62 by 2016, which will allow it to connect the bulk of Africa travellers to the rest of the world through its Nairobi hub.

As part of our ambitious growth plan, we seek to employ direct entry pilot captains for our Boeing 737 and Embraer E170/190 fleet,” said Kenya Airways in a notice, adding that the pilots must have flown for a minimum of 4,000 hours.

This signals that the airline is eager to tap the talent pool of rival carriers such as Fly540, Jetlink and other regional operators in what would lead to a season of staff poaching.
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Old December 12th, 2011, 05:00 AM   #115
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B777-2U8(ER)
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Old December 12th, 2011, 05:02 AM   #116
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KQ B737-800 Kinshasa to Nairobi

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Old December 18th, 2011, 04:52 AM   #117
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KQ targets China, India with Boeing planes for growth
BDA

Quote:
Kenya Airways is eyeing routes in India and China to tap the growing trade between Asia and Africa.

The national carrier is planning to open six new destinations in each of the twin countries helped by the new planes its set to acquire in coming months to cut its heavy reliance on the European and African routes.


Presently, the national carrier operates single daily flights to China and India, although expansion to new routes has been curtailed by lack of planes.

Now, KQ is targeting to boost its presence in the Asian market helped by the plan to double its fleet from the current 33 to 62 by 2016—which will allow it to connect the bulk of travellers from African cities to Asia through its Nairobi hub.

Presently, KQ draws 49 per cent of its Sh85.8 billion revenue annually from its Africa routes, 27 per cent (Europe), 10 per cent (Middle East), nine per cent (Asia) and five per cent from its domestic routes.

Its target is to have the Asian routes contribute double digit share of its revenues, thanks to increased trade volumes between the continent and Africa.


Kenya Airways is pursuing the strategy of connecting more African cities to Nairobi using short distance planes like Embraer and putting them in larger Boeing planes to Europe and Asia.
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Old December 18th, 2011, 07:04 AM   #118
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Does Kenya Airways use foreign pilots?
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Old December 29th, 2011, 09:47 AM   #119
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Yep, KQ has a decent amount of foreign pilots already. The number is set to grow due to a shortage of pilots and it's aggressively expanding. So the need for foreign pilots is high as Kenyan pilots aren't being trained fast enough at the moment.
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Old December 29th, 2011, 09:49 AM   #120
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A recent article on the matter:

Kenya Airways to recruit expatriate captains to ease shortage of pilots

http://www.eturbonews.com/27014/keny...hortage-pilots
Quote:
During the showcasing last week of Boeing’s B787 Dreamliner in Nairobi, questions were asked of Dr. Titus Naikuni, CEO of Kenya Airways (KQ), how the arrival of additional aircraft in 2012 and beyond – the airline is expecting 3 B777s and by all accounts some 10 more Embraer 190 aircraft over the next 12 to 24 months – would be managed in regard of human resources available, with specific reference to cockpit crew.

The airline has engaged in accelerated training of commercial pilots, both at their own in house, “Pride Academy,” at Embakasi headquarters and also through aviation schools in South Africa, to get sufficient pilot numbers on the payroll to actually fly those new aircraft.

Dr. Naikuni had to concede, though, that these efforts were not enough, particularly in regard of senior captains, to whom the young first officers, aka co-pilots, would then be attached. It was now becoming a certainty that expatriate captains would have to be recruited to fill those glaring gaps.
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