Kenya Airways Sells 2 Boeing 737-700 Planes to solve financial crisis

Kenya Airways Sells 2 Boeing 737-700 Planes

Kenya Airways Sells 2 Boeing 737-700 Planes in order to solve the Kenya Airlines financial crisis. KQ Boeing 737-700 Planes will be missed.


Kenya Airways Sells 2 Boeing 737-700 Planes


KQ, Kenya Airways has sold two Boeing 737-700 airplanes in an attempt to solve its financial crisis.

The two sold aircraft, the transaction completed by Air Partners, were registered as 5Y-KQG and 5Y-KQH and 14.9 and 14.4 years old respectively and had joined the Kenya Airways fleet between 2002 and 2003.


The sale of the two Boeing 737-700 Planes sale was disclosed in a September regulatory filing by UK-based Air Partner, which arranged the transaction on behalf of the Nairobi Securities Exchange-listed national carrier.


Air Partner had earlier announced that the national carrier planned to lease the airplanes from the undisclosed buyer. The UK firm did not also disclose how much KQ raised from the sale.


A new B737-700 goes for $82.4 million (Sh8.4 billion), according to a price guide by Chicago-based Boeing which delivered the two airplanes to KQ between 2002 and 2003.

Kenya Airways Boeing 737-700 Planes have played a huge role in the Development of Kenya Tourism Industry.



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