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Kenya Airways half-year results up 20.6 percent

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(eTN) – As the Pride of Africa took delivery of their latest Embraer E190 jet yesterday in Nairobi, information has been released that the half year results of Kenya Airways, compared to 2011, showed

(eTN) – As the Pride of Africa took delivery of their latest Embraer E190 jet yesterday in Nairobi, information has been released that the half year results of Kenya Airways, compared to 2011, showed significant growth by about 20.6%, driven by increased demand for air travel, cargo and mail shipments.

Run away costs however continue to pose a serious threat to the profitability of the airline which is currently engaged in a cost cutting program through selected outsourcing of staff and other rationalization measures. The measures were approved by the board of directors of the airline, however the country’s Prime Minister came out on the side of the Transport and Allied Workers Union.
It is understood that discussions are in fact ongoing between the airline and union representatives, and that a number of staff are ready to sign on to the voluntary early retirement scheme offered to them.

The airline also took the opportunity, when receiving their latest bird, to fly affirm plans to fly to all African political and commercial capitals by the end of 2013, offering the continent connections through Nairobi to the rest of the world and in particular into the expanding network of destinations in the Gulf, the Indian subcontinent and beyond into the Far East and China.