Bloomberg News

Kenya Airways Buys 10 Embraer Planes, Has Option for 16 More

August 30, 2011

(Updates with Kenya Airway CEO’s comment in third paragraph.)

Aug. 30 (Bloomberg) -- Kenya Airways Ltd., sub-Saharan Africa’s third-biggest carrier, agreed to buy 10 aircraft from Embraer SA and signed an option to acquire another 16.

The Embraer 190 aircraft will be delivered between July 2012 and 2013, Titus Naikuni, the chief executive officer of the Kenyan company, told reporters today in Nairobi.

“These aircraft will help us in opening new routes and increasing frequencies on existing routes,” Naikuni said. Kenya Airways already operates 10 planes from the Brazilian manufacturer.

Embraer plans to double the number of its planes operated by African carriers over the next two to three years, Mathieu Duquesnoy, vice president for Middle East and Africa, told reporters in Nairobi today. The aircraft manufacturer has 130 planes operated by African carriers, Duquesnoy said.

Kenya Airways said on April 14 that it agreed to buy nine Boeing Corp. 787 aircraft in an accord that includes an option for another four aircraft. The latest 787s will be delivered in October 2013, Kenya Airways said.

--Editors: Louis Meixler, Claudia Maedler.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net


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