Kenya Airways to launch cargo business
Kenya Airways confirmed that it plans to acquire a dedicated freighter aircraft, to be put into service by next financial year. Group Managing Director and CEO Titus Naikuni announced that the carrier plans to operate cargo operations across Africa.
Shares in Kenya Airways eased 0.6% on Friday. 1Time Holdings, owner of South African LCC 1Time, rose 5.6%.
Selected MEAAD daily share price movements (% change): 04-Mar-2011