The collaboration aims, among other things, to cope with the significant decline in the history of the African aviation market, which has shrunk by 50 percent in the wake of COVID-19.
In a statement, KQ noted that the cooperation agreement will be based on mutual benefits aimed at increasing passenger traffic, freight opportunities and general trade by leveraging the strengths of both countries.
However, the agreement does not restrict any of the airlines from pursuing commercial collaborations with other airlines as part of the current route network strategy.
“This collaboration will be based on mutual benefits, including strategic positioning in global aviation, diversification”
Income flows and strengthening regional partnerships in Africa through diplomatic and commercial relations, âit said.
Allan Kilavuka, KQ’s chief executive officer, said the partnership will play a significant role in the growth of both airlines by enhancing customer value through a larger combined passenger and cargo network.
As part of the agreement, Kilavuka said the two airlines will share expertise, innovation, best practices, and adopt native organic solutions to technical and operational challenges
âThe future of aviation and its long-term existence depends on cooperation. KQ remains true to its financial turnaround strategy. The pursuit of partnerships is one of the key strategic pillars that will transform the airline by ensuring its financial sustainability while delivering world class services in Africa and around the world. ‘ said KQ.
For his part, SAA interim CEO Thomas Kgokolo noted that the collaboration will support the recovery of both airlines in the current and post-pandemic business and travel environment.
“It will also improve related tourism circles in Kenya and South Africa, whose sectors represent a significant part of their respective countries’ domestic growth products and benefit from at least two attractive hubs in Johannesburg, Nairobi and possibly Cape Town,” he said.