Kenya Airways is leasing two decommissioned aircraft to the Congo airline in order to save the airline with a lack of funds over Ksh 100 million ($ 909,090) annually on maintenance costs and to generate additional income by renting the aircraft.
KQ signed an aircraft leasing contract with Congo Airways on Monday, according to which the airline will rent the two aircraft and the crew for the first two years.
The national airline is renting two Embraer jets, the at . Jomo Kenyatta International Airport (JKIA) remained parked after KQ canceled routes and frequencies due to low passenger numbers.
“… this is an important step in improving collaboration to improve flight connectivity and increase passenger and Offering cargo options The timing for this agreement is right given the severe impact of the Covid-19 pandemic on the aviation industry as it will increase the load on our aircraft, “said Allan Kilavuka, CEO of KQ.
The two airlines are also signing the Cargo Codeshare Partnership Agreement, under which Kenya Airways will launch direct cargo flights from South Africa to Lubumbashi, Democratic Republic of the Congo.
The deal comes just a few months after Kenyan President Uhuru’s visit Kenyatta in the Democratic Republic of the Congo, where a bilateral agreement has been reached between KQ and DRC-Flugg e company.
The airline has spent Ksh 465,000 (4,227) or Ksh 14 million (US $ 127,272) a month on servicing three unused aircraft.
KQ has a fleet of 36 aircraft and owns 19 of them, while leasing 17 from lessors such as Nordic Aviation Capital and GECAS. Embraer forms the majority of its fleet with 15 aircraft.