Kenya Airways #ticker:KQ is selling seven planes and an engine in a multi-billion shilling deal that marks the carrier’s latest efforts to reduce its fleet in a bid to shore up its financial position.
The loss-making carrier has hired UK-based Air Partner to guide it in the planned sale of the six Boeing 787-8 Dreamliner planes, one Boeing B777-300 and a spare GE engine at a time when a shortage of pilots is forcing the airline to cancel flights and trim routes.