Dubai secures 437 bids for global business events in 2024, up 20 percent annually


Dubai has continued to consolidate its standing as a top choice for prominent international business conferences, events, congresses, corporate meetings and incentives in 2024, with the city securing the opportunity to host a record 437 events from a range of sectors and professions.

Driven by Dubai Business Events (DBE), the city’s official convention bureau and part of the Dubai Department of Economy and Tourism, this marked a 20 percent year-on-year increase in the number of successful bids, further elevating Dubai’s status as a globally competitive hub for events, powered by innovation, infrastructure development and rising global economic influence.

“The healthy increase in successful bids in 2024 is further proof of Dubai’s rising prominence as a destination that delivers not only world-class business events infrastructure and capabilities but also provides unrivaled, memorable experiences for all organizers and delegates,” stated Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment.

Events to attract over 200,000 delegates

The events captured in 2024 are set to attract around 210,731 delegates to Dubai over the coming years, making a direct impact on the city’s economy and travel and tourism ecosystems, and bringing talent and expertise from around the world to enjoy the platform Dubai provides for knowledge sharing, professional development and networking.

The city’s success, driven by collaborative efforts across the public and private sectors, underlines Dubai’s unrelenting draw as a go-to, accessible, safe and welcoming global MICE destination. This growth feeds into Dubai’s wider economic growth by attracting more visitors, positioning Dubai in the global business events arena, and shedding light on its thriving knowledge economy.

Furthermore, it cements the important role business events are playing in achieving the goal of the Dubai Economic Agenda, D33, to consolidate Dubai’s position as a leading global city for business and leisure.

“To build on this momentum, we are engaging with all stakeholders, trusted partners and service providers, to elevate Dubai’s position as a leader in the competitive business events landscape – aiming for sustainable economic growth, in line with the Dubai Economic Agenda, D33. We look forward to harnessing the power of opportunity to create further impact for the benefit of everyone, and demonstrate what sets Dubai apart to a global audience,” added Al Khaja.

Key wins propelling growth

Among the most noteworthy wins last year were the 2025 WFNS World Congress of Neurosurgery, with 4,000 delegates; the 2025 Asia Pacific Cities Summit & Mayor Summit, with 1,200 delegates; the 2025 Pan Arab Radiology Conference, with 1,500 delegates; and the 2026 Global Symposium on Health System Research, with 3,000 delegates.

Dubai also secured the 2026 FIP World Stamp Exhibition, with 1,000 delegates, and the 2028 Scientific Assembly and Associated Events of the Committee on Space Research, with 3,000 delegates.

In addition, Dubai won bids for several prestigious corporate and incentive events in 2024, including the 2025 Oppo Guangdong Incentive, with 4,000 delegates; the 2025 Loyal Connect Global, with 3,000 delegates; the 2025 GLA Global Logistics Conference, with 1,500 Delegates; the 2026 Forever Living Global Rally, with 12,000 delegates; the 2026 Emerson Exchange, with 2,500 delegates; and the 2026 Herbalife China Incentive, with 1,200 delegates.

Further supporting Dubai’s growing business events landscape, DBE engaged with industry professionals around the world at trade shows including IMEX Frankfurt, The Meetings Show, IBTM World, and IMEX America, as well as through a year-round calendar of sales missions, study missions and site inspections.

Read: Sharjah Shopping Promotions continue to boost retail sales, economic growth

Programs and partnerships

Other key initiatives included the Al Safeer Congress Ambassador Program, which engaged its locally-based subject matter experts and members from various professional fields to secure more events and welcome more delegates to Dubai in the coming years. Partnerships with key industry bodies including the BestCities Global Alliance, the International Association of Professional Congress Organisers (IAPCO), the Professional Convention Management Association (PCMA) and the International Congress and Convention Association (ICCA) further boosted growth.

This performance follows key milestones achieved in 2024, including ICCA ranking Dubai the top city in the Middle East for the number of association meetings hosted, and events crowning it number one in its ‘Top Meeting Destinations in the Middle East and Africa’.

Source: Economy Middle East

Kenya Takes Center Stage as Kuriftu Resort & Spa Unveils African Union-Themed Resort in Addis Ababa


Kuriftu Resort & Spa, a pioneer in Ethiopia’s luxury hospitality industry for over two decades, continues to redefine excellence with the launch of the Kuriftu Resort & Spa African Village. Located in Ashewa Meda on the outskirts of Addis Ababa, this new resort is a celebration of Africa’s rich cultural heritage and its modern aspirations. With a design inspired by the continent’s diversity, the African Village pays homage to all 54 African nations, offering a unique blend of tradition and luxury.

Marking a significant milestone, Kenya will be the first nation celebrated in the resort’s themes, with its vibrant culture and heritage featured prominently in the design and offerings. The resort’s dedication to showcasing Africa’s unity and diversity begins with Kenya in the months of February and March 2025, setting the tone for a truly pan-African experience.

The African Village offers 54 luxury villas, each inspired by a different African nation, immersing guests in the art, cuisine, and traditions of the continent. Situated near Addis Ababa’s key diplomatic landmarks, the resort provides breathtaking panoramic views of the city while serving as a hub for business, leisure, and cultural exchange.

The resort features a range of state-of-the-art facilities. Its nine modern conference halls, including a multi-purpose venue with a capacity for 932 guests, are equipped with cutting-edge technology and panoramic views, making them ideal for high-profile gatherings and celebrations. Dining experiences at the resort include the 1963 Restaurant, named in honor of the founding year of the Organization of African Unity. This restaurant offers rotating menus showcasing dishes from across the continent, alongside a core menu inspired by Ethiopian cuisine. The Summit Grill, located at the highest point of the resort, combines international dining with spectacular views of Addis Ababa, accommodating up to 1,000 guests for events or weekend brunches.

Wellness and relaxation are integral to the resort’s offerings. Its indoor swimming pool, illuminated by natural light through a skylight roof and adorned with vibrant African artwork, provides guests with a serene retreat. The spa features African-inspired treatments, Moroccan baths, steam rooms, and a range of wellness services, including reflexology and a fully equipped gym.

At the heart of the African Village is a mission to promote inter-African tourism and cultural exchange. By bringing together all 54 African nations under one roof, the resort creates a space for collaboration, learning, and celebration of the continent’s shared heritage. It is designed to be a hub for diplomatic gatherings, cultural conferences, weddings, and social events, encouraging cross-border connections.

Tadiwos Getachew Belete, CEO and Founder of Kuriftu Resorts & Spa, described the African Village as “a living tribute to Africa’s culture, community, and craftsmanship.” He emphasized that this addition to Kuriftu’s portfolio – which includes Bishoftu, Entoto, Lake Tana, and Awash Falls – reflects the brand’s commitment to celebrating African heritage through world-class hospitality.

“Kuriftu Resort & Spa African Village is more than just a retreat,” Belete said. “It is a space designed to immerse guests in the vibrant traditions, artistry, and natural beauty of Africa. From its uniquely designed architecture to curated cultural experiences, we aim to create an environment where guests can connect deeply with the essence of this great continent.”

With Kenya leading the way in its celebration of African culture, the African Village is poised to become a beacon of unity, luxury, and innovation in African hospitality.

Press Release: ASKY Celebrates 15 Years of Excellence in the African Sky


Lomé, Togo – ASKY La Compagnie Aérienne Panafricaine is pleased to announce the celebration of its 15th anniversary, an important milestone in its commitment to air transport in West, Central, South and East Africa and beyond.

Since its launch in 2010, ASKY has been committed to providing quality, safe and reliable services to its passengers, while promoting the region’s economic development.

Over the years, ASKY has expanded its network, now serving 29 destinations across 26 countries. Through its strategic partnership with Ethiopian Airlines, ASKY has not only strengthened its fleet, but also improved its operational efficiency and reliability.

“As we celebrate 15 years of success, we would like to thank all the Authorities, our passengers, partners, and all the employees who have contributed to our success story,” said Mr. Esayas Woldemariam Hailu, Managing Director of ASKY. “We are proud of results we have achieved and motivated to continue offering exceptional services that meet the growing expectations of our customers.”

To commemorate this significant event, ASKY is planning a series of activities throughout the year, including passenger promotions, community events and social responsibility initiatives. The company also wishes to emphasize the importance of safety, quality of service, innovation and sustainable development, which have always guided its operations. ASKY continues to invest in staff training and service improvements to ensure an unforgettable travel experience.

About ASKY

ASKY, The Pan-African Airline, is a 100% privately owned airline created by regional banking institutions in Africa that includes The ECOWAS Bank for Investment and Development (EBID), The West African Development Bank (BOAD) and ECOBANK Group (ETI) in partnership with Ethiopian Airlines.

ASKY is a commercial company under private law and is managed by experienced African aviation professionals, with Ethiopian airlines as its strategic partner.

ASKY currently operates a fleet of thirteen (13) aircraft: nine (09) Boeing 737-800s and four (04) Boeing 737 MAX 8, serving twenty-nine (29) cities in twenty-six (26) countries within Africa.

ASKY’s focus is to develop a strong intra-Africa network that foster regional development, tourism, economic growth and regional integration as a major economic catalyst within the continent with its long-term goal of a sustainable business focused on profitability.

For more information, contact communication@flyasky.com, visit our website www.flyasky.com or our LinkedIn; Twitter Facebook and Instagram pages, @ASKY

ASKY Management

ASKY, The Pan African Airline

KQ resumes London flights


National carrier Kenya Airways (KQ) is set to resume flights to London on June 26 after a new two months hiatus.

The restart of the direct flights to Heathrow Airport follows the lifting of the suspension of flights to and from the United Kingdom by the government of Kenya.

“The resumption of flights to London, United Kingdom is in line with our plans to grow and expand our routes as restrictions lift which will positively impact the flow of trade and tourism across the region by offering our customers convenient travel across the world. This route offers our customers convenient connections to key destinations,” said Julius Thairu, KQ’s Acting Chief Commercial and Customer Officer.

“We remain fully committed to offer our customers an onboard travel experience that has their health and safety in mind.”

Kenya and UK governments have developed new protocols anchoring the return of flights between the pair of countries.

For instance, passengers travelling to the UK must be of British or Irish nationality or have official residency in the UK.

Further, the travelers must have a negative COVID-19 certificate three days before travelling, book a quarantine hotel package within 14-days before arrival in addition to taking two-COVID-19 tests if they have been in a country or region in UK’s red list in the last 10 days.

On the flip-side, passengers travelling to Kenya from the UK are required to have a negative COVID-19 PCR test conducted 96 hours before arrival excluding children below the age of five.

Further, the new arrivals must isolate for seven days upon arrival and take a subsequent PCR test after for days.

At the same time, the passengers will be obligated to submit daily health information including the results of the second PCR test on the Ministry of Health Jitenge platform for 14 consecutive days.

Source: Citizen Digital

Kenya, another month and a half of big numbers


At least another month and a half of top tourism, hotel occupancy over 70 per cent and all the induced activity that the arrival of foreign guests can bring to Kenya. This is the scenario that lies ahead from mid-January to the end of February, especially for the coast and its holiday resorts.


With the reopening of schools and the resumption of work for most Kenyans in the city, the influx of local tourism, which in the very high season, the one coinciding with the Christmas holidays, was added to the more ‘pre-paid’ tourism, i.e. those who did not mind paying much more for air tickets and accommodation. The large numbers were also supported by those who had already arrived in Kenya before Christmas and opted for a longer holiday period.


Now, however, on a daily basis, those who had already planned their holidays after the binge period are entering Kenya and finding a few more opportunities and slightly less overcrowding.
According to the regional hospitality associations, occupancy remains high, especially in Watamu, Diani and the satellite towns of Mombasa, and the grace period of tented camps and lodges in the savannah also continues, with excellent results especially for Maasai Mara and Amboseli.


The Ministry of Tourism is confident of surpassing the sector’s growth from 2022 to 2023, with 34% more presences and a recovery rate of 88% compared to the pre-pandemic period.
‘We will do even better this year,’ said Deputy Minister, John Lekakeny Ololtuaa, ’we are on track to return to contributing 10% to the Gross Domestic Product.


Tourism in Kenya is also the second largest source of foreign exchange earnings, behind only the agriculture sector which earns Kenya about 70 per cent of its GDP.
While we are waiting for the final figures for 2024, which should confirm the increase in presences and provide other interesting data, the Kenyan government expects to exceed 3 million presences in 2025, after this promising start to the year and the projections for the following months, also due to the ‘High Easter’, scheduled for 20 April.

Source: Malindi Kenya

How travel brands stay ahead on social media


Travel is all over social media — and it’s continuing to play a big role in travelers’ decisions while planning and booking their trips, according to research from Phocuswright.

But misconceptions around how travel brands should be using social media remain, according to experts.

“Travel brands are seeing social media as a category of the internet still when it’s increasingly becoming the way millennials and Gen Z access the internet altogether,” said Konrad Waliszewski, co-founder and CEO of @Hotel.

“Even Google admits now that most millennials and Gen Z search on Instagram and Tiktok before going to Google search for just about everything … I think it really has become the new search engine. People want to see videos. People want to see social proof,” he said.

David Armstrong, co-founder and CEO of HolidayPirates, discussed why it’s hard for brands to understand the value.

“I think the comparison to traditional search … paid search and the immediate return on investment [ROI], that’s a mistake that many brands do [make] comparing the performance of social media with,” Armstrong said.

ROI in social media marketing is a longer term play, he said. 

Some key performance indicators such as clicks, traffic, engagement and shares can be measured more immediately, but when revenue and conversion take more time.

“It’s not so comparable with traditional ways of performance marketing. It’s actually not really performance marketing that you do on social,” Armstrong said. “You have to have a more hybrid mindset of it.”

And while it’s a lot of work to keep up with ever-changing algorithms and trends, the space has continued to expand and there is more opportunity for brands to benefit.

“The growth, it hasn’t stopped,” Armstrong said. “Essentially, if you really dedicate yourself to the channel and understand how to play it, it keeps growing.”

It’s important to stay agile and to keep an eye on emerging platforms, too. 

“If a new platform comes out, we immediately jump in, and we’re just curious students of what’s happening,” Waliszewski said. “What we’ve found is … a lot of things have come, had a little moment of attention and then phased out. So we don’t over invest until the data shows that it’s working.”

While there’s a lot of room for success on social, it’s not as black and white in terms of how to have marketing success, Armstrong said. Instead, social media marketing involves some trial and error. But that’s not a bad thing, Waliszewski said.

“Let’s be honest, anyone in consumer travel cannot compete with Booking and Expedia on Google ads,” he said.

“What they can compete on is being first to these platforms, experimenting [with] these platforms. A lot of large incumbents won’t realize what’s happening on these new platforms, and then they’ll take so much time to allocate a team to start creating a strategy, and often will miss that wave.”

Organic social is the place to compete for newer companies, Waliszewski said, underscoring the importance of making an effort in that space.

The executives also touched on the most effective platforms, what has come and gone and how to navigate platform changes in an interview with senior reporter Morgan Hines in the PhocusWire studio at The Phocuswright Conference in November. 

Source: Phocus wire

Tourism sector rides on aviation recovery path to bounce back


The tourism sector recorded an improved performance last year as a result of growth in the aviation sector and hosting of prominent conferences.

Data from the Economic Survey 2024 shows the number of international visitor arrivals grew by 35.4 percent to 2.086 million in 2023, from 1.5 million in 2022.

Further, the surge in the growth of tourist arrivals saw the sector reach a recovery rate of 102.5 percent compared to 2019, surpassing the global pre-pandemic recovery rate of 88 per cent.

The hotel bed-night occupancy rose by 23.2 per cent to 8.63 million in 2023 of which 53.5 percent were occupied by Kenyans. The trend shows a growing domestic tourism.

The improved performance indicates that the sector is likely to achieve the 2.5 million international visitor arrivals and 6.5 million bed nights’ occupancy by Kenyans as contained in the Third Medium Term Plan, 2018-2022.

The Tourism Research Institute, earlier this year released a report that showed that the tourism sector performance had rebounded strongly by Sh56.34 billion, surpassing the pre-pandemic earnings of Sh296.2 billion recorded in 2019.

The immense recovery has been attributed to the weakening of the Kenya shilling against major global currencies and the effects of inflation locally and internationally also the rebound indicates higher per capita spending by arriving tourists.

Following the impressive sector performance, the tourism report projects that the sector performance will grow to Sh430 billion in 2024.

It also projects hitting up to 1.024 trillion by 2028 indicating a possibility of the country achieving the government’s vision of attracting five million tourists by 2028.

On visitor arrivals, the tourism sector projects receiving 2.4 million tourists in 2024, and up to 5.7 billion visitors by 2028.

Visitor arrivals by point of entry increased by 36.4 per cent through JKIA and Moi International Airport when compared to the rise of 31.9 percent recorded through other border points in 2023.

The economic survey shows that most visitors came for holiday. 934,400 visitors came for holiday, 493,800 came for business, and 101,700 were on transit.

In the same period, the number of departing visitors increased by 36,4 per cent to 1,952,400 in 2023 to 1,431,800 in 2022. The hotel bed nights’ occupancy by residents of Europe more than doubled to 1,970,000 in 2023. This was attributed to notable growth in bed-night occupancy by residents of Germany, Italy and UK in 2023.

Kenyan residents accounted for more than half of total bed-night occupancy in 2023, highlighting the significance of domestic tourism.

Further, the hotel bed-night capacity grew by 8.4 percent in 2023, partly attributed to new hotels and the expansion of some of the existing ones.

Source: Standard Media

Seychelles leads African nations in 2025 global passport rankings


The Henley Passport Index, a global authority on passport rankings, has revealed its 2025 list of the most powerful passports worldwide.

  • Drawing on exclusive data from the International Air Transport Association (IATA) and extensive research, the index ranks 199 passports based on the number of destinations their holders can access without a prior visa.
  • While African nations like Seychelles and Mauritius perform exceptionally well, a stark contrast remains between the continent’s most and least powerful passports.
  • For example, war-torn nations such as Somalia and Sudan rank near the bottom, highlighting the impact of geopolitical instability on mobility.

Here’s a look at the top-performing African passports on the Index this year:

In this article

1. Seychelles – Rank 25 (156 Visa-Free Destinations)

Seychelles retains its crown as Africa’s most powerful passport with access to 156 visa-free destinations.

2. Mauritius – Rank 29 (151 Visa-Free Destinations)

Mauritius secures second place among African countries with its 151 visa-free destinations making it a standout performer.

3. South Africa – Rank 48 (106 Visa-Free Destinations)

South Africa is ranked 48th globally. Its passport holders can access 106 destinations without a visa.

4. Botswana – Rank 57 (88 Visa-Free Destinations)

Botswana’s passport grants its holders access to 88 destinations.

5. Namibia – Rank 62 (81 Visa-Free Destinations)

Namibia ranks among the top five African countries, offering access to 81 destinations.

Other Notable Mentions:

  • Kenya – Rank 68 (74 Visa-Free Destinations): East Africa’s leading passport.
  • Ghana – Rank 74 (68 Visa-Free Destinations): Ghana maintains its reputation as a gateway to West Africa with improved access.
  • Nigeria – Rank 94 (46 Visa-Free Destinations): Despite challenges, Nigeria’s passport holds significance due to its strategic importance in the region.
African RankCountryGlobal RankingVisa-Free Destinations
1Seychelles25156
2Mauritius29151
3South Africa48106
4Botswana5788
5Namibia6281
6Lesotho6479
7Malawi6775
8Kenya6874
9Morocco6973
10Tanzania6973
11The Gambia7171
12 (tie)Uganda7270
12 (tie)Zambia7270
14Tunisia7369
15Ghana7468
16 (tie)Rwanda7666
16 (tie)Sierra Leone7666
18 (tie)Mozambique7765
18 (tie)Zimbabwe7765
20Madagascar8260
21Côte d’Ivoire8359
22Senegal8458
23Algeria8656
24 (tie)Nigeria9446
24 (tie)Ethiopia9446
26Angola9151
27Burundi9250
28Congo (Dem. Rep.)9446

Source:Kenyan wallstreet

2024 was a deadly year for air travel, but flying is still the safest form of transport


With the recent spate of air accidents, travellers may feel less confident. But is flying really becoming unsafe?

2024 has fanned the flames of worries over flying, particularly in recent weeks, when more than 200 people lost their lives in two separate incidents just days apart.

Thirty-eight people died when an Azerbaijan Airlines plane crashed in Kazakhstan; four days later, 179 perished when a Jeju Air flight crash landed in South Korea.

While recent events are still ringing in the minds of many, 2024 was a year of disasters in aviation. In early January, a fiery crash in Tokyo shocked the world, leaving five members of the Japan Coast Guard dead, although passengers on the Japan Airlines plane escaped safely.

Days later, part of a plane fell off when it was departing from Portland, Oregon, leaving a gaping hole in the side of the fuselage. Again, all 177 passengers survived the emergency landing, but the fallout from the event has seen major manufacturer Boeing in the spotlight all year.

During the summer the tragic loss of a Voepass flight in Brazil claimed the lives of 62 passengers and crew.

On top of this, multiple reports of aircraft hitting severe turbulence and injuring people, including one fatality on a Singapore Airlines flight, have given travellers cause to worry about their safety.

According to the Aviation Safety Network, a total of 318 people died in aircraft accidents last year, making 2024 the deadliest year in aviation since 2018.

But is flying really becoming less safe, and should we be worried if we’ve got an upcoming trip booked?

Flying is getting safer all the time

Dr Hassan Shahidi, president and CEO of Flight Safety Foundation, a non-profit involved in all aspects of aviation safety, put things in perspective for Euronews Travel.

“In all of 2023, there were zero commercial jet fatalities,” he says. “By the time 2024 was over, the aviation industry had transported 5 billion passengers worldwide. And until just the past few days, 2024 was poised to repeat that safety record.”

According to research from the Massachusetts Institute of Technology (MIT), flying is safer today than ever.

In the 2018-2022 period, the risk of dying through air travel was calculated to be 1 per every 13.7 million passenger boardings. That’s down from 1 per 7.9 million boardings in 2008-2017 and a major decrease from the 1 per every 350,000 boardings in 1968 to 1977.

The gaping hole where the panelled-over door had been at the fuselage plug area of the Alaska Airlines flight from Portland.
The gaping hole where the panelled-over door had been at the fuselage plug area of the Alaska Airlines flight from Portland.AP/National Transportation Safety Board,

Research from Embry-Riddle Aeronautical Academy has shown that up to 80 per cent of aviation accidents can be attributed to human error. A mistake on the pilots’ part is thought to account for 53 per cent of accidents, while mechanical failure was considered to be at fault in just 21 per cent of cases.

Airbus studied which part of the flight was most dangerous, and found that takeoff and landing were when accidents were most likely to occur. Both of the two December 2024 crashes happened when landing, although other factors were in play.

In the Jeju Air crash, for example, there were reports of an engine being damaged after hitting a bird, and the aircraft, for an as yet unknown reason, did not have its landing gear deployed when it touched down. The investigation will be long and complex, and it’s likely to be some time before we understand exactly what happened.

“This accident involved a multitude of factors, from bird strikes to landing without landing gear and flaps,” Shahidi adds. “All of this will be thoroughly investigated, contributing factors will be determined and steps will be taken to ensure this doesn’t happen again.”

Jeju Air has been inspecting its fleet of 737 ‘next generation’ (NG) aircraft, but out of an abundance of caution. Nothing so far suggests that there is a more widespread problem with the aircraft type.

Airlines are advised to avoid warzones

The Azerbaijan Airlines crash was something a little different. Although investigations are ongoing, initial assessments suggest the aircraft may have been hit by Russian air defences, causing it to depressurise and lose control.

That assessment will bring to mind a similar situation from a decade ago. In July 2014, a Malaysia Airlines plane was shot down by Russian-backed forces using a surface-to-air missile while it was flying over eastern Ukraine. All 283 passengers and 16 crew members died.

The investigation recommended states involved in armed conflicts close their airspace, and that operators should thoroughly assess risk when routes pass over areas of conflict.

The European Aviation Safety Agency (EASA) publishes Conflict Zone Information Bulletins to caution air operators about potential safety threats.

However, as Janet Northcote, spokesperson for EASA, explains to Euronews Travel, “EASA does not close airspace or have the right to mandate the avoidance of airspace. But the information provided here flows into the individual airline’s own safety assessments and creates awareness of any aviation safety threat.”

So why was Azerbaijan Airlines flying over a conflict zone? Although many Western airlines have ceased operations to and over Russian airspace, numerous Middle Eastern and Asian airlines continue to operate in that area.

Carriers from Turkey, China, the UAE and other nations are not avoiding the airspace, despite the risk.

“Air travel in known conflict zones has significant risk,” Shaihid says. “Airlines must carry out risk assessment for their routes to ensure that the risks are mitigated and take an alternate route.”

Nonetheless, no European airline currently flies to Russia or through its airspace, having heeded the advice of EASA and other agencies.

Every air accident makes air travel safer

The small silver lining in the terrible year aviation has experienced is that every accident serves to make air travel safer in the future.

As Simon Calder, travel correspondent for the UK’s Independent newspaper wrote in a recent column, “All the dramatic aviation events of 2024 – fatal and otherwise – will be analysed minutely to understand what can be learnt to enhance future safety.”

In the case of both the Jeju Air and Azerbaijan Airlines crashes, the infamous ‘black boxes’ have been recovered and sent for interrogation.

These two boxes, which are actually bright orange in colour, are the Flight Data Recorder (FDR) and Cockpit Voice Recorder (CVR) and should shed some light on what happened prior to the crash.

Accident investigators are on the ground in Kazakhstan and South Korea gathering more evidence, a process that could take some time. Following this, collected data will be analysed in a lab to determine the cause of the crash.

A preliminary report will likely be made public in the coming weeks, although the final report will take longer.

From these reports, various recommendations will be made to avoid a similar situation in the future.

Experts from the US National Transportation Safety Board and joint investigation team between the US and South Korea check the site of Sunday's plane crash.
Experts from the US National Transportation Safety Board and joint investigation team between the US and South Korea check the site of Sunday’s plane crash.Son Hyung-joo/Yonhap via AP

“One of the strengths of aviation safety processes is that whenever any tragedy does occur, we analyse what happened and take appropriate action to ensure, to the extent possible, that the same type of accident will not occur again,” explains Northcote.

Consider any major aviation accident, and it’s possible to see the longer-term positive effect it has had on air safety.

A collision over the Grand Canyon in June 1956, for example, between a TWA Super Constellation and a United Airlines DC-7 led to upgraded forms of air traffic control.

After TWA Flight 800 exploded in mid-air in 1996, modifications were made to ensure fuel could not be combusted by an errant spark.

Without the tragedy of 9/11, the Transportation Security Administration (TSA) would never have been created. And thanks to the (still) missing Malaysia Airlines MH370, all aircraft are now tracked in real-time.

“This constant cycle of improvement is fundamental to keeping the aviation safety record strong,” says Northcote.

“We work with other regulators, for example the Federal Aviation Administration (FAA) in the United States and with the International Civil Aviation Organisation (ICAO), to ensure that aviation safety standards are high globally, not only in Europe.”

While manufacturers, airlines and regulators work hard to maintain safety in the skies, Northcote highlights that safe travel is a team effort.

“Aviation has in general an excellent safety record, but this is no cause for complacency,” she says. “This strong safety record can only be maintained by many individual people fulfilling their role every day to ensure that operations are safe.”

Source: Euro News

Kenya Airways Relists on the Nairobi Securities Exchange Amid Investor Optimism


KQ JFK

Kenya Airways (KQ) made a triumphant return to the Nairobi Securities Exchange (NSE) this week after a four-and-a-half-year suspension, sparking bullish investor sentiment. Shares of the national carrier initially surged to a high of Sh6 (4.6 US cents) before settling at Sh4.76 (3.7 US cents) per share by Wednesday, valuing the airline at Sh25.21 billion ($193.67 million).

The Journey Back to the Bourse

Kenya Airways’ suspension from trading in July 2020 came amid efforts to nationalize the airline in response to crippling debt and the impact of the COVID-19 pandemic on global travel. At the time, shares traded at Sh3.83 (3 US cents). However, the nationalization plan was abandoned after the airline showed signs of recovery and a change in Kenya’s administration in 2022 under President William Ruto, who shifted focus to privatization.

The airline’s return to the NSE coincides with its first profitable financial year since 2013. For the first half of 2024, Kenya Airways recorded a profit after tax of Sh513 million ($3.96 million), driven by a 22% rise in revenue to Sh9 billion ($69.5 million) and a 10% increase in passenger numbers to 2.54 million.

“The suspension on the trading of Kenya Airways PLC shares was lifted following the company’s recent performance, which saw the company record a profit after tax and the withdrawal of the National Aviation Management Bill 2020,” the NSE stated.

Turning the Corner: Restructuring and Recovery

Kenya Airways’ turnaround strategy has been central to its resurgence. By implementing measures focused on cost reduction, capacity expansion, and financial restructuring, the airline reduced overheads by 22% and significantly eased its debt burden. CEO Allan Kilavuka highlighted the company’s efforts to strengthen core operations and enhance customer service, positioning it for sustained growth in a challenging aviation environment.

The government played a critical role in alleviating Kenya Airways’ financial woes by taking on a significant portion of its debt. In 2022, it converted the $841.6 million EXIM Bank loan—secured in 2017 for fleet expansion—into local currency, reducing the financial strain caused by exchange rate volatility.

Currently, the Kenyan government holds a 48.9% stake in the airline, local commercial banks own 38.1%, KLM Royal Dutch Airlines 7.8%, and minority shareholders hold 2.8%.

Challenges Ahead: Negative Book Value

Despite its recent profitability, analysts caution against overlooking the airline’s negative book value, which stood at Sh123.6 billion ($954 million) as of its last financial report. This metric reflects the lingering impact of years of losses and highlights the airline’s precarious financial position.

Ronny Chokaa, an analyst at Capital A Investment Bank, noted, “The improved turnaround of KQ sets the pace for investors to price in the recovery performance going forward. But the company’s biggest problem may be the negative book valuation that may slow down the bullish activities of the stock.”

Searching for a Strategic Investor

Kenya Airways continues its quest for a strategic investor to stabilize its financial footing and drive long-term growth. The government has expressed willingness to relinquish its majority stake to an investor with the capacity to revitalize the airline. However, despite reports of progress in securing an investor, no formal announcement has been made.

A Path Forward

Kenya Airways’ relisting on the NSE marks a pivotal moment in its recovery journey, fueled by financial restructuring, operational efficiency, and renewed investor confidence. While challenges remain, including the pressing need to address its negative book value, the airline’s improved performance signals a potential new era for one of Africa’s most iconic carriers.

Investors and aviation stakeholders will closely watch KQ’s next steps, particularly its efforts to secure strategic investment and maintain its financial momentum in a competitive and volatile global aviation market.

Source: Airspace-Africa