Kenya Airways

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Kenya Airways

IATA KQ	ICAO KQA	Callsign KENYA
Founded		1977
Hubs		Jomo Kenyatta International Airport
Focus cities		Moi International Airport
Frequent flyer program		Flying Blue
Member lounge		KLM Crown Lounge
Alliance		Skyteam
Fleet size		23
Destinations		44
Company slogan		"The Pride of Africa"
Headquarters		Nairobi, Kenya
Key people		Titus Naikuni (CEO) Neil Canty (CFO) Evanson Mwaniki (Chairman)
Website: http://www.kenya-airways.com

Kenya Airways is the largest airline of Kenya in East Africa, and the fourth largest airline of Africa (behind South African Airways, Egyptair and Royal Air Maroc). Kenya Airways operates more transcontinental flights than any other African airline.^[1]^[2]

Its hub is Jomo Kenyatta International Airport in Nairobi, and its focus hub is Moi International Airport in Mombasa.

1 History
- 1.1 Events of 2005
- 1.2 Events of 2006
2 Destinations
3 Fleet
4 Incidents and accidents
5 See also
6 References
7 External links

[edit] History

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 that bought 26% of the shares in Kenya Airways and becames the largest single shareholder. 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 (now Air France-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.^{[citation needed]}

[edit] Events of 2005

Kenya Airways Boeing 767 - pre 2005 paint scheme

Kenya Airways has received three Boeing 777-200ER aircraft, with the last delivery in February 2007. 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

Artist's rendering of the Kenya Airways Boeing 787, scheduled for delivery in 2010

Kenya Airways has ordered six Boeing 787 Dreamliners end another 3 planes and 2006 and plans to replace its Boeing 767s with the Dreamliners, beginning with the delivery of two airplanes in 2010, and four in 2011 ^[3]

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) ^[4]

Kenya Airways is now the second largest airline in Africa and is rated amongst the five most profitable airlines in the world.

[edit] Destinations

For a complete list of destinations, see: Kenya Airways destinations

Kenya Airways flies:

56 times per week to Mombasa ^[5]
28 times per week to Entebbe (Kampala)
10 times per week to London
10 times per week to Dubai ^[6]
9 times per week to Amsterdam
7 times per week to Zanzibar ^[7]
5 times per week to Kinshasa ^[8]
3 times per week to Paris
3 times per week to Lubumbashi ^[9]
3 times per week to Bangkok ^[10]
2 times per week to Istanbul ^[11]

Kenya Airways codeshares with KLM, giving passengers access to several European destinations, including Glasgow, Athens, Rome, Zurich, Manchester, Madrid, Copenhagen, Berlin, Frankfurt and Barcelona.

[edit] Fleet

The Kenya Airways fleet consists of the following aircraft as of August 2006:^[12]

**Kenya Airways Fleet**
Aircraft	Total	Passengers (Premier World/Economy)	Notes
Boeing 737-200	1	101 (12/89)	Short haul regional routes
Boeing 737-300	4	116 (16/100)	Short haul regional routes
Boeing 737-700	4	116 (16/100)	Short haul regional routes
Boeing 737-800	1	145 (16/129)	Short haul regional routes
Boeing 767-300ER	7	216 (20/196)	Long haul international and intercontinental routes
Boeing 777-200ER	4 (1 option)	322 (28/294)	Long haul intercontinental routes
Boeing 787	(9 orders) (4 options)	263
Embraer 170	(3 orders)	72	Entry into service: 2007 GECAS Lease
Saab 340B	2	34	Short haul routes within Kenya

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 ^[13].

Kenya Airways has announced the phasing out the Boeing 737-200 fleet, and replacement with Boeing 737-800.^[14] The first Boeing 737-800 has been received from Singapore Aircraft Leasing Enterprise (SALE) ^[15]

The airline has agreed to lease three 72-passenger Embraer E-170 aircraft from GE Commercial Aviation Services from May/June 2007 and June 2008. They will be used on regional/domestic routes replacing the Saab 340 aircraft^[16].

[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).