Kenya Airways planes stuck in the US: Report
03 September 2015, 21:33
Washington - Two new loans provided to Kenya Airways Ltd could help Kenya's
national carrier complete the financing needed to take delivery of two
Boeing Co 787-8 aircraft now in storage in Everett, Washington, a source
familiar with the matter said late Wednesday.
The two Dreamliner aircraft, produced at Boeing's North
Charleston, South Carolina, assembly line earlier this year, were
recently flown to the larger Everett site for "short-term storage" while
the airline worked out a financing package for the planes, according to
a source familiar with the situation.
Kenya's finance minister, Henry Rotich, told a Senate
committee on Wednesday that the government had provided a $40 million
loan to the airline and the African Export-Import Bank had approved a
$200 million bridging loan.
Kenya Airways, which is part owned by Air France-KLM ,
has reported losses for the past three years due to a slump in tourism
after a number of Islamist militant attacks in Kenya.
Boeing said it was working closely with the airline to
meet its fleet needs, but declined to discuss any specifics about the
two jets in question, the delivery schedule for any aircraft ordered by
the airline, or their cost.
"We are committed to helping our customer find the best
solution for both the near-term and long-term business requirements of
both Kenya Airways and Boeing," Boeing spokesman Marc Birtel said in a
Birtel said the sequencing and scheduling of aircraft
deliveries change for many reasons, including Boeing needs, customer
needs or a combination of the two.
The source said Kenya Airways had not canceled its order and remained a valued customer of Boeing.
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