Home Business Kenya Airways eyes Sh4.85bn savings from new planes lease terms

Kenya Airways eyes Sh4.85bn savings from new planes lease terms

kq, kenya airways, national aviation management bill
Share


Business Daily | by Gerald Andae


Kenya Airways expects to save $45 million (Sh4.85 billion) this year after it changed the lease terms on its aircraft fleet, opting for hourly rates in place of fixed costs.

The carrier has negotiated for a productivity-based method of payment with its lessors to avoid the fixed cost and cut expenses involved in…

Read more…

 


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version