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

kq, kenya airways, national aviation management bill


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…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here