KQ finally gets buyer for 2 Boeing 777-200 aircrafts

January 13, 2016
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Omni Air International is a US based airline providing global passenger wet lease and charter programs/FILE
Omni Air International is a US based airline providing global passenger wet lease and charter programs/FILE
NAIROBI, Kenya, Jan 13- Kenya Airways (KQ) has entered into a sale agreement with Omni Air International to sell two of its Boeing 777-200 ER aircraft, following approval from its board.

Omni Air International is a US based airline providing global passenger wet lease and charter programs.

Wet lease is one where the lessor (Omni Air International) provides the Aircraft, Complete crew, Maintenance and Insurance (ACMI).

“I am pleased that we have reached this milestone. Although we announced our intention to rationalise our fleet in line with our current position more than a year ago, it has taken a while to find a good home for our B777-200,” CEO Mbuvi Ngunze said on Tuesday.

The two aircraft will leave for their new home in the next two months after Kenya Airways completes their exit preparation.

The first one will be transferred by the end of January.

KQ announced its intention to sell the B777-200 fleet in November 2014 as it sought to rationalize its fleet as part of its turnaround strategy.

These aircrafts were delivered new from Boeing to Kenya Airways between 2004 and 2007 and were operated on its long haul scheduled routes especially to Asia and Europe.

The aircraft are powered by Rolls Royce Trent 892B engines and are currently configured with 28 business and 294 economy seats.

“We are now satisfied with this sale and will make other important announcements on fleet rationalisation soon,” Mbuvi added.

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