Money Markets

Further Boeing aeroplanes delays likely to dent KQ earnings

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Kenya Airways CEO, Mr Titus Naikuni. Photo/FREDRICK ONYANGO

Kenya Airways CEO, Mr Titus Naikuni. Photo/FREDRICK ONYANGO 

By Wangui Maina  (email the author)
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Posted  Tuesday, August 31  2010 at  00:00

In June last year, the manufacturer delayed the plane due to what the company said was additional stress where the wings attach to the side of the plane.

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KQ is only one of the Dreamliner’s customers as other airline’s including Ethiopian Airways, British Airways, Virgin Atlantic and Emirates wait.

Boeing has orders for 847 of this plane in its book – the plane costs between $150 million and $205 million.

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