Jambojet enters aircraft lease agreement with Moscow-based firm

Travellers board Jambojet airline. FILE PHOTO | NMG

Jambojet has entered into a leasing agreement with a Moscow-based company for two aircraft as the low-cost expands its fleet to pace with rising demand.

The budget carrier, a subsidiary of national carrier Kenya Airways #ticker:KQ , will lease a pair of Bombardier Q400s from Ilyushin Finance Co. (IFC), with the first plane scheduled for delivery in May and another by the end of the year.

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