25 Jul 2023
Product Updates
News
Five-year support for the entire Dreamliner fleet.
Nairobi- 25 July 2023…Kenya Airways PLC (KQ) and Lufthansa Technik AG have signed a long-term contract for the supply of aircraft components for the long-haul, Boeing 787-8 fleet. The long-term contract will allow KQ to receive the proven Total Component Support (TCS) from the Maintenance, Repair and Overhaul (MRO) specialist until 2028. It will also give KQ access to Lufthansa Technik's worldwide parts pool which will enable KQ to significantly increase the availability of spare parts for the Dreamliner fleet in a cost-effective manner.
The contract covers the classic MRO and supply of components as well an AOG (Aircraft On Ground) support for various parts-pooling and logistics services. The close cooperation between the two companies will enable the airline to maximize efficiency in the technical operations and ensure the best possible availability of the spare parts needs.
“Due to increased demand in air travel, Kenya Airways embarked on a journey of returning to service aircraft that were parked during the pandemic. This resulted in an increased demand for parts to make aircraft ready for flight. There has been a worldwide shortage of some raw materials negatively affecting some aircraft parts availability,” said Allan Kilavuka, Group Managing Director and Chief Executive Officer of Kenya Airways.
“Therefore, we are looking forward to working with Lufthansa Technik, to make us less dependent on the current global supply chain situation.” adds Mr Kilavuka.
On his part Kai-Stefan Roepke, Vice President Corporate Sales Europe, Middle East and Africa at Lufthansa Technik said, “With access to our worldwide network of material and parts pools, our valued customer will indeed be able to significantly mitigate uncertainties in the global aircraft parts supply chain.”
“We look forward to supporting Kenya Airways in the best possible way through our Total Component Support. This applies to the post-pandemic ramp-up phase as well as to the coming years of our cooperation.” Adds Kai Stefan.
25 Jul 2023
Product Updates
News
Five-year support for the entire Dreamliner fleet.
25 Jul 2023
Product Updates
News
Five-year support for the entire Dreamliner fleet.
19 Feb 2025
Customer Updates
News
Nairobi, Kenya, 16th February 2025….Kenya Airways (KQ) has expanded its fleet with the addition of a Boeing 737-800, growing its fleet to 35 aircraft. This addition is part of KQ's ongoing fleet expansion strategy. It underscores the airline's commitment to increase capacity, enhance operational efficiency, and meet the growing demand for air travel across its network. The acquisition of the aircraft from Dubai Aerospace Enterprise (DAE) has a capacity of 170 seats, and will immediately boost KQ's available seat inventory, thus offering guests more travel options and flexibility.
29 Aug 2023
Investor Relations
KQ turnaround strategy starts to bear fruit as airline reports operating profit and increased revenues. 120% improvement in Operating Profit from the operating loss of Kshs 5 billion reported in a similar period in the previous year. The Groups revenue grew by 56% to Kshs 75 billion. Passenger numbers increased by 43% to 2.3million with an increase of 56% increase in Available Seat Kilometres (ASKs). Operating costs increased by 40% due to the increase in activity, however gross profit increased by 131%. Earnings before interest, tax and depreciation (EBITDAR) grew by 7% points.