Kenya nears 777 freighter lease as it maintains ambition for large cargo share

Kenya Airways is pursuing a strategy to achieve a 40% market share in the cargo sector, despite previously adjusting its plans involving Boeing 747-400 freighters due to rising fuel costs. Chief Executive George Kamal announced that the airline is close to finalizing an agreement for the leasing of a Boeing 777 freighter aircraft. This shift reflects Kenya Airways’ continued dedication to expanding its capabilities within the freight industry. The decision followed a reassessment of earlier capacity agreements centered around the 747-400 fleet. Ultimately, this move positions Kenya Airways to better serve growing global demand for airfreight services.