23 C
Kenya
Sunday, November 29, 2020

Kenya ignores KQ, gives Ethiopian Airlines lucrative cargo deal

Must Read

Mwananchi Credit Waives Default Penalties for Borrowers

Mwananchi Credit Waives Default Penalties for Borrowers Secured loans provider Mwananchi Credit has waived penalties on loan defaults to reduce...

Swvl Kenya Offer Commuters New Innovations For Travel

Swvl Kenya today announced starting to roll out a new innovation that will allow commuters to use Swvl for...

Jambojet Partners With Cellulant To Reward Customers With Discount Vouchers

Regional low-cost carrier Jambojet has partnered with Pan-African Fintech company, Cellulant, to reward over 1,000 customers with discount vouchers...

KQ vs Ethiopian Airlines: Kenya Airways is protesting after the Kenya government allowed Ethiopian Airlines to operate passenger planes grounded for the shipment of cargo from the Jomo Kenyatta International Airport ( JKIA) in Nairobi to Europe and Asia.

According to the national carrier, the new deal will give Ethiopian Airlines undue advantage at a time when Kenya has frozen international passenger travel, leaving cargo as the primary source of revenue. The cargo business gives KQ Sh. 11 billion annually.

Ethiopian Airlines to dwarf JKIA with Sh. 500 billion new airport

“On April 6, the Ministry of Transport allowed Ethiopian Airlines to vary its licence for passenger planes and use six aircraft to ferry cargo from Nairobi and Mombasa to overseas at a time when carriers are charging a premium for the service,” a report that appeared in the Business Daily on Monday said. “Kenya Airways is worried that Ethiopian Airlines will take a huge chunk of the business of shipping flowers, fresh fruits, vegetables like green beans and peas as well as meat that have become increasingly scarce in Europe as the coronavirus pandemic hampers the global movement of produce.”

“We have objected the move to have Ethiopian Airlines use their passenger flights for cargo business in Kenya because we were not consulted on the impact that this would have on our business,” the Business Daily quoted KQ chief executive officer Allan Kilavuka. “Anytime you have a carrier wanting to come to your domain, you need to be consulted so that you are not disadvantaged at your main market.” KQ vs Ethiopian Airlines.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

190,412FansLike
11,005FollowersFollow
257FollowersFollow
304SubscribersSubscribe
WhatsApp
Telegram

Latest News

Kirubi’s Centum slips from Sh. 6.9bn profit to Sh. 2bn loss in six months

Centum Investments Financial Statements: Centum Investment Plc has slipped into loss-making territory. The firm whose single largest shareholder is ...

Kirubi’s Centum slips from Sh. 6.9bn profit to Sh. 2bn loss in six months

Centum Investments Financial Statements: Centum Investment Plc has slipped into loss-making territory. The firm whose single largest shareholder is  Chris Kirubi has posted profit...

African ICT Students Shine at the Huawei ICT Competition Global Final

African ICT students emerged among the world’s best at the Huawei ICT Competition Global Final, taking top prizes at an online awards ceremony held...

LG Donates Puricare Wearable Air Purifiers To Frontline Healthcare Workers

LG Electronics in partnership with Opalnet Limited have donated PuriCare wearable air purifiers worth Kshs 5 million to the Kenya Medical Association (KMA) for further distribution...

KCB inks deal to acquire Rwanda, Tanzania banks

KCB East Africa: The Kenya Commercial Bank has signed a major deal that will see it acquire two regional banks. KCB signed the deal...

More Articles Like This