KENYA AIRWAYS ADDS FOURTH FLIGHT TO MAPUTO
Kenya Airways has announced the introduction of a fourth weekly flight, operated by KQ, between Nairobi and Maputo, the capital city of Mozambique. In addition does Kenya Airways codeshare two flights with LAM Mozambique, bringing the total connections per week to now 6.
Information availed quotes Kenya Airways’ Group Managing Director and CEO Dr. Titus Naikuni as having said: ‘There is increasing demand for air travel in the continent which makes Africa the new growth frontier in the aviation industry. It is, therefore, important for us to continue to grow our presence across the continent to meet this demand’ while at the same time appreciating the traffic growth between Southern African destinations and Nairobi. Kenya Airways’ traditional routes to Europe, in the run up to the elections in March and as a result of the economic situation in the Eurozone, has significantly reduced during the recently ended financial year 2012/13, leaving growth to destinations in the Gulf, India and the Far East, and of course additional traffic from across the airline’s African network.
After ;posting a sharply reduced profit in the 2011/12 financial year is Kenya Airways expected to post a loss, attributed by a source close to the airline to risen fuel costs, increased competition from in particular Gulf airlines, the drop in demand from European destinations and a massive rise in labour cost, where court disputes have halted major cost cutting measures. The announcement of the annual results is expected in early June, when the airline traditionally presents full year financial and operational details to the public.