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Home Travel

Kenya Airways and SAA plan investor hunt for pan-Africa carrier

FurtherAfrica by FurtherAfrica
May 17, 2022
in Africa, Kenya, Travel
Reading Time: 1 min read
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Two African airlines looking for financial backer for group Kenya CEO says governments plan to take minority stake

Kenya Airways Plc and South African Airways are planning a series of investor roadshows to help find a financial backer for a combined airline group they aim to create next year.

Also read: Kenya allocates funds for avocado production

The campaign to attract a majority investor for a holding company to be modeled on British Airways and Iberia owner IAG SA is likely to start before the end of the northern-hemisphere summer, Kenya Airways Chief Executive Officer Allan Kilavuka said in an interview on Thursday. Events will be staged in Africa, London and the U.S.

Related

Source: Bloomberg
Tags: African airlinesAllan KilavukaBritish AirwaysIAG SAKenyaKenya Airways and SAA plan investor hunt for pan-Africa carrierKenya Airways Chief Executive OfficerTravelкенияكينياケニア肯尼亚
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