KQ CEO on the future of aviation & trade
On the side-lines of AfCFTA, KQ CEO, Allan Kilavuka sat down with CNBC Africa to discuss the development of aviation sector in cohesion with improving intra-Africa trade as well as the future of KQ and the Adani Deal.
Mon, 14 Oct 2024 15:10:42 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The significance of liberalizing the airspace and the necessity of political will in driving industry growth
- Addressing regulatory challenges and enhancing infrastructure to reduce operational costs and improve efficiency
- Strategic plans for Kenya Airways including organic growth through fleet expansion and exploration of partnerships for sustainable development
Kenya's national carrier, Kenya Airways, is strategically positioning itself to expand its freight business in order to leverage the vast opportunities presented by the Africa Continental Free Trade Area (AfCFTA). In a recent interview with CNBC Africa, Allan Kilavuka, the CEO of Kenya Airways, shared insights on the airline's plans for growth and the potential impact of the proposed deal to privatize Kenya's largest airport on the aviation sector. The conversation delved into the importance of championing the liberalization of the airspace, addressing regulatory challenges, and fostering collaboration to drive sustainable growth in the industry. Kilavuka emphasized the need for strong political will and proactive measures to propel the aviation sector forward. As the aviation industry plays a crucial role in facilitating trade and connectivity across the African continent, the discussion underscored the significance of enhancing intra-Africa travel and trade relations for economic development.
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