- Kenya Airways PLC (KQ) has signed a Strategic Partnership Framework with South African Airways (SAA), a key milestone towards co-starting a Pan African Airline Group by 2023
- The partnership framework follows the Memorandum of Cooperation they signed in September to foster the exchange of knowledge, expertise, and digital technologies, among others
- It is also expected that the partnership will improve the financial viability of the two airlines
Cash strapped airlines Kenya Airways PLC (KQ) and South African Airways (SAA) have signed a Strategic Partnership Framework to foster the exchange of knowledge, expertise, innovation, digital technologies, and best practice.
According to the two airlines, the partnership is crucial for co-starting a Pan African Airline Group by 2023.
It follows the Memorandum of Cooperation (MoC) that the two airlines signed two months ago.
Increase passenger traffic
The signing of the Strategic Partnership Framework by the two African airlines will see both airlines work together to increase passenger traffic, cargo opportunities, and general trade by taking advantage of strengths in South Africa, Kenya, and Africa.
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They also expect the partnership will improve the financial viability of the two airlines. Additionally, customers will also benefit from more competitive price offerings for both passenger and cargo segments.
President Uhuru Kenyatta and his South African host, President Cyril Ramaphosa, witnessed the signing of the Strategic Partnership Framework on the second day of Uhuru’s three-day State visit to South Africa.
It was signed by KQ Chairman Michael Joseph and SAA Chairman John Lamola in Johannesburg, South Africa.
Commenting on the partnership, Joseph said it would…