Kenya Airways

From Wikipedia, the free encyclopedia

Kenya Airways
IATA
KQ		 ICAO
KQA		 Callsign
KENYA
Founded 1977
Hubs Jomo Kenyatta International Airport
Frequent flyer program Flying Blue
Member lounge KLM Crown Lounge
Fleet size 23
Destinations 38
Headquarters Nairobi, Kenya
Key people Titus Naikuni (CEO)
Neil Canty (CFO)
Evanson Mwaniki (Chairman)
Website: http://www.kenya-airways.com

Kenya Airways is the national airline of Kenya in East Africa, operating scheduled services throughout Africa, to Europe and Asia. Its hub is Jomo Kenyatta International Airport (NBO) in Nairobi.

Contents

[edit] History

Kenya Airways Boeing 767 - pre 2005 paint scheme
Enlarge
Kenya Airways Boeing 767 - pre 2005 paint scheme

The airline was established in January 1977, after the breakup of the East African Community caused the demise of East African Airways. It started operations on 4 February 1977 and was wholly owned by the Kenyan government until April 1996.

In 1986, Sessional Paper Number 1 was published by Kenya's government, outlining the country's need for economic development and growth. The document stressed the government opinion that the airline would be better off if owned by private interests, thus resulting in the first attempt to privatize the airline. The government named Mr. Philip Ndegwa as Chairman of the Board in 1991, with specific orders to privatize the airline. He heads a renewed company cabinet. In 1992, the Public Enterprise Reform paper was published, giving Kenya Airways priority among national companies in Kenya to be privatized.

In the fiscal year 1993 to 1994, the airline produced its first profit since the start of commercialization. Also in 1994, the International Finance Corporation (IFC), was appointed to provide assistance in the privatization process. In 1995, Kenya Airways went through some important financial processes, including the restructuring of its debts and a master corporation agreement with KLM. In 1996, shares were floated to the public, and the airline started trading on the Nairobi Stock Exchange. In October 2004, the company crosslisted its shares at the Dar-es-Salaam Stock Exchange

In April 2004 the company re-introduced Kenya Airways cargo as a brand and in July 2004, the company's domestic subsidiary Flamingo Airlines was reabsorbed.

The airline is owned by Individual Kenyan shareholders (32.5%), KLM (26%), Kenyan government (23%), Kenyan institutional investors (15.7%), foreign investors (3.8%).

Kenya Airways owns 49% of Precision Air which is Tanzania's largest & fastest growing airline.

[edit] Events of 2005

Kenya Airways has received three Boeing 777-200ER aircraft, with the last delivery in June 2005. This has cost Kenya Airways in the region of $500 million.

Kenya Airways has also changed its livery. The four defining stripes running the length of the fuselage have been replaced by a slogan "Pride of Africa". The KA tail has also been replaced by a styled "K" encircled with a "Q" to evoke the "KQ" call letters for the airline.

In the 6 months ending 30 September 2005, profits after tax rose 48% vs 2004-5 to Kshs 2.231 Billion (US$30 Million). Over 1.2 million passengers were carried.

In the full year results ending 31 March 2005, profits after tax almost tripled over 2003-4 to Kshs 3.882 Billion (US$50 Million). Over 2 million passengers were carried.

In the 6 months ending 30 September 2004, profit after tax was $19.5 million, compared to $4.5 million for the same period the previous year. This has been attributed to KTAP (Kenya Airways TurnAround Project) overhauling the airline's revenue management, cost structures and route and fleet planning (ref: Airliner World, March 2005).

In June 2005 it was announced that Kenya Airways would join the Skyteam Alliance in 2006.

[edit] Events of 2006

Kenya Airways has ordered six Boeing 787 Dreamliners and plans to replace its 767s with the Dreamliners, beginning with the delivery of two airplanes in 2010, and four in 2011.[1]

Kenya Airways announced that they will commence 3 weekly flights to Paris in October 2006. In addition, they will lease a new Boeing 767 in July to service this sector.

Kenya Airways announced record profit growth for 2005-6. After-tax profits increased from 3.88bn Kenya shillings (about $54mn) to 4.83bn shillings (about $67mn)[2] [3]

KQ entered into service a new leased 767 in July 2006 to primarily serve the West African routes.

[edit] Destinations

  • KQ commenced a 4th daily flight in June 2006 after receiving permission from the Ugandan authorities on the Nairobi-Entebbe route. It operates Boeing 737-200/300s on the route.
  • It will increase the frequency on its Nairobi-Amsterdam route from 7 to 9 flights a week in July 2006. In addition to the daily service departing Nairobi in the morning and operated with a mix of Boeing 767 and Boeing 777, it will add two weekly seasonal flights departing Nairobi in the evenings on Fri/Sat and operated with a Boeing 767-300. On the return flight, in addition to the daily evening Amsterdam departure, it will add 2 weekly flights departing Amsterdam-Schiphol on Sat/Sun. The two additional weekly departures are seasonal and will end on 16 September, 2006.


[edit] Africa

[edit] Asia

[edit] Europe

[edit] Middle East

[edit] Fleet

Kenya Airways Boeing 787
Enlarge
Kenya Airways Boeing 787

In 2004 the airline took delivery of three Boeing 767-300 Extended Range 221-seater aircraft and acquired two Boeing 737-700 jets with blended winglets. Another two B767-300 were leased in February and March from GECAS and the Airbus A310 fleet retired.

Kenya Airways average fleet age is 9.8 years in June 2006.

The Kenya Airways fleet consists of the following aircraft (as of August 2006) [1]

Type Number Seats Notes
Boeing 737-200 1 101 Domestic Routes. To be phased out in January 2007.
Boeing 737-300 4 116 Shorthaul regional routes.
Boeing 737-700 4 116 Shorthaul regional routes.
Boeing 737-800 1 145 Shorthaul regional routes.
Boeing 767-300ER 7 216 Longhaul international and intercontinental routes.
Boeing 777-200ER 3 322 Longhaul intercontinental routes.
Saab 340B 2 034 Shorthaul within kenya.


Future Aquisitions

Kenya Airways have ordered these aircraft:

Type Number Seats Notes
Embraer 170 3 75 First delivery mid 2007 (May and Jun), and a third will follow in the summer of 2008.
Boeing 737-800 3 162 First delivery November 2006(5Y-KYA).
Boeing 777-200ER 2 322 One ordered for 2007, with an option for one more in 2007 or 2008.
Boeing 787 6 263 2 Boeing 787 Dreamliners for 2010 & 4 in 2011.


Kenya Airways has announced the phasing out the Boeing 737-200 fleet, and replacement with Boeing 737-800.[2] They are being leased from SALE.

These are the registration numbers of the new to be delivered aircraft.

5Y-KYZ B777-2U8-ER cn/36124

5Y-KYA B737-8AL (WL) cn/35069

5Y-KYB B737-8AL (WL) cn/35070

5Y-KYC B737-8AL (WL) cn/35071

The SAABs will be replaced with 3 leased Embraer 170 jets which will be delivered around mid 2007. The planes will be leased from GECAS. Source: Panapress

[edit] Incidents and Accidents

On 31 January 2000 the airline suffered its first fatal accident when an Airbus A310 crashed after takeoff from Abidjan, Côte d'Ivoire, killing 169 of the 179 people aboard (see Flight 431).

[edit] See also

[edit] References

  1. ^ Flight International, 3-9 October 2006
  2. ^ Boeing 737-200 replacements

[edit] External links


v • d • e
   Members of the SkyTeam Alliance
Aeroflot • Aeroméxico • Air France • Alitalia • Continental Airlines
Czech Airlines • Delta Air Lines • KLM • Korean Air • Northwest Airlines

Future members: China Southern Airlines
Future associate members:
Air Europa • COPA • Kenya Airways • MEA • TAROM


v • d • e
Lists relating to aviation

Timeline of aviation
Aircraft • Aircraft manufacturers • Aircraft engines • Aircraft engine manufacturers • Airports • Airlines
Air forces • Aircraft weapons • Missiles • Unmanned aerial vehicles (UAVs) • Experimental aircraft
Notable airline accidents and incidents • Famous aviation-related deaths

Retrieved from "http://en.wikipedia.org../../../k/e/n/Kenya_Airways_4813.html"