Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Wednesday, July 6, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
alternatetext

KQ boosted by increased India flight deals

by Alex
December 19, 2016
in Industry and Trade
0
Share on FacebookShare on LinkedIn

National carrier Kenya Airways has received a big boost from the signing of an agreement that gives it the right to introduce seven more weekly flights to India, one of Kenya’s strongest trade partners.

A communiqué from India’s Ministry of Civil Aviation indicates that the two countries recently signed a memorandum of understanding (MoU) allowing carriers from both countries to get into more codeshare agreements.

India is one of Kenya’s biggest trade partners with imports from the Asian country valued at Sh253 billion last year. “As per the mandate given India’s Ministry of Civil Aviation, a MoU was signed, whereby seven additional frequencies were allowed to both sides,” the communiqué stated.

“Hyderabad (the capital of the southern Indian state of Telangan) was allowed as an additional point of call on request by Kenyan side.  Domestic codeshare was agreed to from any four points by both sides.”

Kenya also agreed to grant one additional intermediate and beyond point with full 5th freedom rights in Africa to India, the statement further stated.

This means that Indian carriers will be allowed to fly to Kenya, drop off passengers, and then proceed to another destination within the continent where they already have landing rights.

Kenya and India signed the MoU during the International Civil Aviation Negotiations meeting in Nassau, Bahamas, between December 5-9.

The annual meeting gives states a central location to conduct multiple bilateral negotiations. India also signed similar MoUs with Finland, Kazakhstan, Sweden, Denmark, Norway, Omar, Serbia, Greece, Qatar and the European Commission.

READ: KQ expands Asia codeshare deal with Vietnam Airlines

KQ, as the airline is known by its international code, last month unveiled an enhanced codeshare agreement with Jet Airways, India’s second-largest international airline.

The partnership now allows passengers direct connections to three cities-— namely New Delhi, Ahmedabad, and Hyderabad. The carrier is seeking a larger share of the lucrative Nairobi-­Mumbai route by connecting passengers to hinterland destinations.

The national carrier was until then operating two daily flights on the route, where it is in a race with rivals such as Etihad, Qatar, and Ethiopian Airlines, among others.

“We see a lot of demand into domestic India from Kenya and East Africa, with passengers travelling mostly for business, leisure or health tourism,” said Mbuvi Ngunze, Kenya Airways managing director.

India was until 2013 Kenya’s top importer of goods after which it was dethroned by China. Kenya mainly imports textiles, pharmaceuticals, industrial machinery, vehicles, textiles and a semi-processed goods from India.

Last year, Kenya imported Sh252.32 billion worth of goods from New Delhi and exported goods worth Sh8.9 billion, according to the Economic Survey 2016.

China shipped goods worth Sh320.8 billion to Kenya during the same period, underlying its growing economic significance in the country.Imports from China include heavy machinery, electronics, vehicles, textiles and a range of household goods.

alternatetext

Tags: FeaturedKenya Airways

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Alex

Related Posts

www.theexchange.africa
Business

Kenya: Economic activity contracts for third consecutive month on inflation

July 6, 2022
www.theexchange.africa
Business

Kenya: Food, oil prices force average inflation to rise to 6.3% in first half of 2022

July 5, 2022
www.theexchange.africa
Business

Bolt opens Africa head office in Kenya following $716m funding

July 4, 2022
Next Post

Nakumatt opens its 64th branch - Rwanda

Total to open up storage facilities for rivals - EAC

Kenya Power pays Sh14.6 billion diesel electricity company

Please login to join discussion




This months edition

Features

Countries

Era of the African Passport: A mixed bag of opportunities?

by june njoroge
July 4, 2022
0

The African passport is a common passport document that is set to replace the existing nationally issued AU member states’...

Read more
Sibongile Thobakgale. She is the area sales manager for South Africa at Aggreko Africa. www.theexchange.africa
Investing

Transforming manufacturing in Africa

by Opinion
July 4, 2022
0

From cement to food and beverages to metal production and processing, manufacturing organisations are looking for sustainable energy solutions to...

Read more
Wallace Manyara. He is the Business Development Manager, Region South & East Africa, Wärtsilä Energy. www.theexchange.africa
Investing

Renewables, gas cheapest ways to meet Mozambique’s electricity demand

by Opinion
July 1, 2022
0

To meet its growing energy needs and increase electricity access across the population, Mozambique must build 1.3GW of new power...

Read more
By 2030, tech financing in Africa will hit US$90 billion. African governments have a lot to do to reduce the risk of investing in tech startups. www.theexchange.africa
Tech & Business

Challenges and opportunities across Africa’s tech ecosystems

by Njenga Hakeenah
July 4, 2022
0

In addition, governments have to make things better for businesses. Currently, tech start-ups have to pay a lot to comply...

Read more
Foreign Currency Auction System Fails to Meet Soaring Demand
Industry and Trade

Foreign currency auction fails to meet soaring demand

by Laurence Sithole
July 4, 2022
0

Despite these fundamentals, the Zimbabwe dollar has continued to slide against the United States dollar prompting the government to take...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In