KQ headache as Schiphol extends passenger limits

Transportation KQ headache as Schiphol extends passenger limits Friday August 05 2022 A Kenya Airways aircraft at JKIA. FILE PHOTO | NMG Kenya Airways (KQ) will have to cope with reduced revenue on the European route as Schiphol International airport extends passenger caps to October. Schiphol has advised airlines that it will be extending the … Read more

Listed firms raise dividend pay to Sh130 billion

Capital Markets Listed firms raise dividend pay to Sh130 billion Friday August 05 2022 Nairobi Securities Exchange trading floor. FILE PHOTO | NMG Dividend payout by all of companies listed on the Nairobi Securities Exchange (NSE) has risen to a record Sh130.3 billion in their latest respective financial years on the back of earnings recovery … Read more

Why veteran Michael Joseph stepped down as Safaricom chair

Companies Why veteran Michael Joseph stepped down as Safaricom chair Friday July 29 2022 Former Safaricom chief executive Michael Joseph. NMG PHOTO Former Safaricom chief executive Michael Joseph has said that he stepped down as board chairman to devote more time to the telco’s investments in Ethiopia and the national carrier Kenya Airways. In a … Read more

KQ to access Sh36 billion bailout based on targets

Companies KQ to access Sh36 billion bailout based on targets Thursday July 28 2022 A Kenya Airways aircraft at JKIA. FILE PHOTO | NMG The Ministry of Transport says the Sh36 billion loan to be disbursed to Kenya Airways in the current financial year is conditional and is only to be released to the airline … Read more

Airlines protest delayed works on JKIA’s departure terminal

Transportation Airlines protest delayed works on JKIA’s departure terminal Friday July 22 2022 Jomo Kenyatta International Airport. PHOTO | JEFF ANGOTE | NMG Delays in completion of international departure terminals at the Jomo Kenyatta International Airport (JKIA) are taking a toll on airlines due to occasional congestions at the facility, which has seen passengers miss … Read more

Kenya Airways, South Africa carrier signs codeshare deal

Transportation Kenya Airways, South Africa carrier signs codeshare deal Wednesday July 20 2022 South African Airlines and Kenya Airways planes in Nairobi’s Jomo Kenyatta International Airport. South African Airways (SAA) has inked a codeshare agreement with national carrier Kenya Airways (KQ) on flights to and from their home countries in a bid to increase their … Read more

KQ suspends London route ticket sales on airport crisis

Companies KQ suspends London route ticket sales on airport crisis Sunday July 17 2022 A Kenya Airways aircraft at JKIA. PHOTO PHOTO | NMG Kenya Airways has suspended the sale of tickets from London to Nairobi, as pressure from the Heathrow crisis hits the national carrier. The suspension follows a directive by Heathrow Airport instructing … Read more

KQ’s Europe capacity cut 22pc as global staff shortage bites

Shipping & Logistics KQ’s Europe capacity cut 22pc as global staff shortage bites Wednesday July 13 2022 Schiphol airport in Amsterdam on August 20, 2017. PHOTO | JOSEPH KANYI | NMG Kenya Airways has been forced to fly with empty seats to Europe after Amsterdam-based Schiphol International Airport reduced the national carrier’s passenger capacity by … Read more

Michael Joseph handed third three-year term as KQ chairman

Companies Michael Joseph handed third three-year term as KQ chairman Sunday July 10 2022 Kenya Airways chairman Michael Joseph. PHOTO | DIANA NGILA | NMG Kenya Airways chairman Michael Joseph will stay on the airline for another three years after being reappointed last week even as he continues to hold a similar role at Safaricom. … Read more