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Kenya Airways is going through turbulence, but stays focused

Kenya Airways has released a statement admitting that the airline is going through business challenges at the moment but it stays focused in delivering the best services possible and  measures are instituted to put the business on a recovery path and ultimately on a sound footing. The following is the full statement as quoted from KQ. Kenya Airways GMD & CEO -  Mbuvi Ngunze. Kenya Airways is only going through normal turbulence All businesses have challenges, more so in our aviation industry, which is cyclical in nature and fraught with many risks.These include fuel price volatility, intense competition and more recently the threat of terrorism and epidemics that have adversely impacted global travel. There is also political instability, natural disasters and an increasingly tight regulatory environment and  KQ  is not isolated from any of these. KQ has expanded its global footprint across multiple jurisdictions flying to 52 destinations. As a global airline,

Fastjet expands its fleet to four planes with plans for more.

African budget airline,  Fastjet  ( LON:FJET ) ,  has signed a letter of intent with ICBC International Leasing Company Limited in respect of the leasing of one A319-131 aircraft.  The airline plans to increase its fleet this year as it seeks to expand its operations and add further routes to its network. With fastjet's current fleet of three aircraft almost fully utilised, additional aircraft will be required to support the planned expansion of fastjet Tanzania and to facilitate the start-up of planned new fastjet operations in both Zambia and Zimbabwe. This Aircraft is the first of a number that fastjet is planning to add to its fleet this year, with each additional aircraft able to make up to 1,000 more seats per day available to fastjet's customers. Based on the 75% load factors currently being projected by fastjet, each aircraft in the fleet is expected to carry approximately 275,000 passengers per annum. fastjet expects to put the Aircraft into servic

FastJet PLC Announce New Board Member

FastJet PLC LON:FJET has announced this week that Bryan Collings has been appointed to the Board as Non-Executive Director with immediate effect. Bryan holds a number of other high profile positions including at HEXAM Capital Partners LLP, Coppin Collings Limited and Ohmworx Limited.  He previously held a position with Hexagon Asset Management LLP. Between 2006 and 2012, Bryan was Managing Partner of HEXAM Capital Partners LLP, during which he increased company assets from some $13 million seed investment to a peak of almost $2 billion. He purchased a 52% stake in HEXAM from Standard Life Investments, inter alia, in December 2014. Bryan, aged 49, is a previous recipient of investment awards in the UK, and holds a M.Sc. in Economics and a CFA. The appointment comes off the back of a strong April performance, where FastJet PLC LON:FJET operations in Tanzania carried a total of 68,088 passengers and achieved a load factor of 73%, the highest monthly passenger total reco

Precision Air resumes flights to Tabora

Tanzania’s premier airline,  Precision Air  ( DSE :PAL)  is resuming its operations into Tabora effective May 15 th , 2015. A note from Precision Air read that "Please take note that starting from May 15 th   this year, we shall start our flight operations between Dar-es-Salaam –Tabora and Tabora – Kigoma." According to Precision Air, flights will be operating every Monday, Wednesday and Friday with special opening fares of just TZS 267,000 (one way and tax inclusive) or TZS 399,000 ( Return and tax inclusive).  This is great news for the people of Tabora and the travel community at large. Tanzania as a country is blessed with ample opportunities in travel trade and tourism but still a big part of this country remains excommunicated though rich with tourist attractions.  Tabora and Kigoma regions are located in western Tanzania and counted as tourist hot spots due to their historical attractions and the presence of chimpanzees there, but for years t

Kenya Airways to sell assets, seeks loan to navigate cash crunch

Kenya Airways is to sell some older planes and land and is negotiating a bridging loan to help it through a cash crunch caused by a drop in passenger numbers. The carrier, part-owned by AirFrance-KLM, made a big loss in the half-year to September after a spate of Islamist militant attacks drove tourists away from Kenya and made it tough to fill its fleet of new Boeing 787 Dreamliners. Chief Executive Mbuvi Ngunze said the outlook for the peak holiday season in July and August was steady for now but could be hurt by the latest attack in Kenya. An assault on Garissa university in the northeast killed 148 people.Some beach hotels and safari lodges have already reported cancellations. The company reported first-half losses of 12.5 billion shillings ($134 million), while passenger numbers were down to 64 percent of capacity in the period from 69 percent in the prior year period. The airline's shares have plunged by almost a fifth in 2015. Ngunze, who took over in 2014, to

Precision Air invests 400m/- to recruit local pilots

PRECISION Air will spend more than 400m/- on recruitment of local pilots through a special programme that will see more than 30 employed as part of the airline’s turnaround plans and restructuring of its operations. The airline said in a statement issued that they had already recruited 15 local pilots and 10 among them were attending training at the company’s headquarters before they go for further training abroad under partial sponsorship of the airline. “We have been facing challenges in recruiting well trained local pilots with qualifications to fly our aircraft therefore we had to establish this programme to ensure that we build on a pool of local pilots to fill up vacancy gaps within our company,” Precision Air’s Managing Director, Ms Sauda Rajab said. The recruitment goes hand in hand with the company’s turnaround plans and restructuring of its operations, that have so far contributed to significant improvement in operations of the airline, she said citing On Time Perfor

Qatar Airways Vacancies in Zanzibar, Tanzania April 2015

Reach for the Stars ! Join the Qatar Airways 5-Star Team. As the Qatar Airways network expands, one of the newest stations we will start to fly to is Zanzibar, Tanzania! Do you love meeting new people? Do you have excellent interpersonal skills? Are you a team player who would love to be part of an international team for one of the World’s Fastest Growing Airline?   If your answer is YES, then Qatar Airways wants to hear from you. We are looking for dedicated and energetic individuals to help become key members of our new team in  Zanzibar, Tanzania . You will find a list of vacancies below. Your CV should include full details of your career development to date, including relevant training taken.  -  Reservation & Ticketing Agent | Qatar Airways | Zanzibar -  Sr. Sales Support Agent | Qatar Airways | Zanzibar -  Executive Secretary | Qatar Airways | Zanzibar -  Airport Services Agent | Qatar Airways | Zanzibar -  Senior Airport Services Agent | Qatar Airways | Zan

Fastjet raises USD 75 million for expansion

fastjet, Africa's low cost airline, has successfully placed 5,000,000,000 new ordinary shares (the Placing Shares) at a price of 1 pence per share (on a pre-consolidation basis) (the Placing Price) to new and existing institutional shareholders, other investors and fastjet management (the Placing). The Placing, raised gross proceeds of GBP 50 million (approximately USD 75 million) (the Placing Proceeds). Net proceeds from the Placing will be deployed in two key areas - expansion working capital and the launch and growth of operations in Kenya, South Africa, Uganda, Zambia and Zimbabwe. fastjet will use funds raised in excess of that needed for its working capital requirements to commence an aircraft acquisition programme of used Airbus A319 aircraft. Ed Winter, Chief Executive Officer of fastjet, said: "I am delighted with the success of our Placing and with the positive reaction of investors. While our low cost airline model is already well es

Kenya Airways (KQ) in deep cash crisis?

News on the media report that  Kenya Airways (KQ) is in deep financial crisis, with reports from Nairobi suggesting that the airline may be broke. The  Daily Nation reports that ,  Cash-strapped Kenya Airways has turned to debt to pay its workforce as the national carrier flies under the weight of liquidity flow problems that have seen its debt burden hit Sh70 billion. Chief executive officer Mbuvi Ngunze said the airline was experiencing tough financial times that had left it with no option but to rely on debt to sustain its nearly 4,000 workforce. Paying through debt “...So how am I paying my staff? I am paying them through debt,” Mr Ngunze said when he appeared on Citizen Television’s Business Centre show on Wednesday night. The national carrier has been going through turbulent times since booking a Sh10.45 billion after-tax loss for the six months to September last year. It blamed the performance on dampened passenger numbers due to the suspension

Airbus delivers its 9,000th aircraft.

A321 for fast-growing Vietnamese carrier VietJetAir Airbus has celebrated the delivery of its 9000th aircraft at a ceremony in Hamburg, Germany on 20th March 2015. The aircraft is the first A321 to be delivered to Vietnamese carrier VietJetAir and will join the carrier’s all-Airbus A320 Family fleet flying on its fast-growing Asia-Pacific network.  “The delivery of our 9000th aircraft comes as we enjoy ongoing strong demand for aircraft across our product line,” said John Leahy, Airbus Chief Operating Officer, Customers. “The range of aircraft we offer today is unrivalled, meeting every airline requirement from 100 to over 500 seats with maximum efficiency, uncompromised comfort and broad customer appeal.” “We are especially pleased to be delivering today’s aircraft to VietJetAir, which is a rising star in the fast-growing Asian region. With the A321, VietJetAir will be able to increase capacity on its most popular routes while benefiting from the lowest operating cos

Job Opportunities At Qatar Airways - Cabin Crew Recruitment Event Nairobi (females only) April 2015

Organisation:  Qatar Airways Job Function:  Cabin Crew Division:  Cabin Crew Employment Type:  Full Time - Permanent City:  Middle East | Qatar | Doha Last date of application:  24-Apr-2015 Qatar Airways Welcome to a world where ambitions fly high From experienced pilots to dynamic professionals embarking on new careers, Qatar Airways is searching for talented individuals to join our award-winning team. We take pride in our people—a dynamic and culturally diverse workforce is essential to why we are one of the finest and fastest growing airlines in the world. We offer competitive compensation and benefit packages and Doha based employees receive a range of allowances and enjoy a tax-free income. About Your Job: "Be part of a story worth telling! Join our award winning 5 Star Cabin Crew team" As the National Airline of the State of Qatar, we seek to reflect the best of Qatar's warm and generous hospitality. Dinner in Paris, Lunch in Ne

Job Vacancy At Precision Air - Cabin Crews (10-Posts)

                                                                                                                  JOB VACANCY Precision Air Services Plc is a fast growing private Tanzanian airline which operates in Partnership with Kenya Airways, with its strategies to expand wings beyond East Africa and Africa. In order to keep our services at a higher level and meet our customers’ maximum satisfaction We wish to invite applications from suitably qualified candidates to fill in this challenging position. POSITION:           CABIN CREWS(10-POSTS) REPORTS TO:     CHIEF CABIN CREW DUTY STATION: DAR ES SALAAM                            ROLE PURPOSE OF THE STATEMENT You will be reporting to Chief Cabin Crew/Assistants Chief Cabin Crew - Precision Air Services PLC. Please take note of your responsibilities. Consistently give quality customer service to passengers in a safe environment for their comfort and satisfaction KEY ACCOUNTABILITIE