Business
JKIA Finally Achieves The Last Point of Departure Allowing Direct Kenya-US Flights Commencing October 28th With Kenya Airways
Following the announcement between President Uhuru and President Trump, JKIA has now achieved Last Point of Departure (LPD) status. This allows JKIA to facilitate direct flights between Kenya and the US.
Kenya’s National Carrier Kenya Airways will now fly directly to the US, presenting new opportunities for Kenyans in Travel, Trade and Commerce. The 1st flight is scheduled to depart on 28th of October 2018.
This is a major achievement for Kenya as JKIA becomes one of the elite African airports to be certified as a last point of departure to the United States. JKIA is now poised to become the premier hub in Africa.” – KAA MD Jonny Andersen.
The good news is coming at a time when the national carrier is reporting a rather not so good news. Kenya Airways has made public its performance for the six month period ended 30th June 2018. Bottom line, the airline posted a loss before tax of Sh 4.035 Billion compared to Sh 5.6 Billion posted in a similar period last year.
The airline’s total revenue increased slightly to Sh 52.1 Billion from Sh 50.6 Billion posted in the same period in 2017. Total operating expenses grew by about Sh 2.0 billion to Sh 53.2 Billion.
The airline’s CEO Sebastian Mikosz noted that the increase in operating costs (14%) was mainly as a result of increased pressure on global fuel prices.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Investigations1 week agoForged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
-
Business1 week agoHow Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
-
Business1 week agoSold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
-
Investigations4 days agoThe Teflon Company: How Gulf Energy’s Insiders Built Billions on Kenya’s Fuel, and Walked Away Clean
-
Business1 week agoPoison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
-
News1 week agoTreasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
-
Investigations1 week agoInside Nyayo House: The Kitchen Cartel That Demands Sh100,000 for a Stove
-
Business1 week agoTHE BANK THAT BROKE THE TRUCKER: How NCBA’s Asset Financing Empire Is on Trial Before London’s Most Feared Arbitral Tribunal
