What Happened
African Carrier Seeks Widebody Capacity Amid Soaring Fuel Costs
Kenya Airways has ended its capacity agreement with Terra Avia due to soaring fuel costs and is now in discussions to lease a B777F for its cargo operations. The airline aims to increase its share of Kenya’s air cargo market and is working to restructure its balance sheet to attract a strategic investor. According to ch-aviation, Kenya Airways is seeking to restore grounded aircraft and has secured a shareholder loan to fund their return to service.