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	<title>Kenya airline industry Archives - Daily Trends</title>
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	<title>Kenya airline industry Archives - Daily Trends</title>
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		<title>Fly 748 Projects Positive Prospects For Airline Industry Despite Tough Economic Times</title>
		<link>https://www.dailytrends.co.ke/fly-748-projects-positive-prospects-for-airline-industry-despite-tough-economic-times/</link>
					<comments>https://www.dailytrends.co.ke/fly-748-projects-positive-prospects-for-airline-industry-despite-tough-economic-times/#respond</comments>
		
		<dc:creator><![CDATA[Daily Trends]]></dc:creator>
		<pubDate>Thu, 30 Jun 2022 04:29:30 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[fly 748]]></category>
		<category><![CDATA[Fly 748 Chairman Ahmed Jibril]]></category>
		<category><![CDATA[Fly 748 Managing Director Moses Mwangi]]></category>
		<category><![CDATA[Kenya airline industry]]></category>
		<guid isPermaLink="false">https://www.dailytrends.co.ke/?p=17503</guid>

					<description><![CDATA[<p>The rising demand for air travel since the Kenyan government eased COVID-19 restrictions has continued to boost the airline industry. According to Fly 748 services, the demand is helping the&#8230;</p>
<p>The post <a href="https://www.dailytrends.co.ke/fly-748-projects-positive-prospects-for-airline-industry-despite-tough-economic-times/">Fly 748 Projects Positive Prospects For Airline Industry Despite Tough Economic Times</a> appeared first on <a href="https://www.dailytrends.co.ke">Daily Trends</a>.</p>
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<p class="wp-block-paragraph">The rising demand for air travel since the Kenyan government eased COVID-19 restrictions has continued to boost the airline industry.</p>



<p class="wp-block-paragraph">According to Fly 748 services, the demand is helping the sector manage higher operating costs as the world continues to face tough economic times.</p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="897" height="1024" src="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018-897x1024.jpg" alt="" class="wp-image-17504" srcset="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018-897x1024.jpg 897w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018-263x300.jpg 263w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018-768x877.jpg 768w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018-585x668.jpg 585w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0018.jpg 1121w" sizes="(max-width: 897px) 100vw, 897px" /></figure>



<p class="wp-block-paragraph">The higher operating costs have been caused by increased fuel prices, inflation, higher tax on spare parts and fluctuating foreign exchange rates.</p>



<p class="wp-block-paragraph">The tough economic times being witnessed across the globe has been fuelled by Ukraine war, COVID-19 and politics.</p>



<p class="wp-block-paragraph">According to Fly 748 Managing Director Moses Mwangi, more and more people are taking advantage of airfare discounts and bundled travel accommodation packages to fulfill a long held desire especially for first time travelers.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="682" src="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-1024x682.jpg" alt="" class="wp-image-17505" srcset="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-1024x682.jpg 1024w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-300x200.jpg 300w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-768x512.jpg 768w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-1170x780.jpg 1170w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-585x390.jpg 585w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015-263x175.jpg 263w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0015.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph">Mwangi in a press statement sent to newsrooms noted that more people are taking to the sky compared to two years ago when Kenya was at the height of the pandemic.</p>



<p class="wp-block-paragraph">&#8220;The sector is returning to pre-pandemic levels and operators are cutting losses on their way to full recovery,&#8221;said Mwangi.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="791" src="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-1024x791.jpg" alt="" class="wp-image-17506" srcset="https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-1024x791.jpg 1024w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-300x232.jpg 300w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-768x593.jpg 768w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-1170x904.jpg 1170w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017-585x452.jpg 585w, https://www.dailytrends.co.ke/wp-content/uploads/2022/06/IMG-20220629-WA0017.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph">The International Air Transport Association (IATA) forecasts net losses in Africa&#8217;s Aviation sector to be 0.7 billion dollars in 2022 on rising passenger numbers- Demand (RPKs) is expected to reach 72 percent of pre-crisis (2019) levels, and capacity to reach 75.2 percent.</p>



<p class="wp-block-paragraph">Fly 748 was recently nominated as one of the best domestic airline of the year by the Africa Mashariki Transport Awards (AMT) following its sustained efficiency in operations, a track record of safety, reliability and an overall strategy of demystifying flying in Kenya through competitively priced air fares.</p>



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<p class="wp-block-paragraph">Fly 748 Chairman Ahmed Jibril said he was impressed by the growing number of first time travelers and those who are building a strong loyalty to the airline.</p>



<p class="wp-block-paragraph">&#8220;It is an affirmation of our efforts to revolutionizing air travel in the country,&#8221; he said.</p>
<p>The post <a href="https://www.dailytrends.co.ke/fly-748-projects-positive-prospects-for-airline-industry-despite-tough-economic-times/">Fly 748 Projects Positive Prospects For Airline Industry Despite Tough Economic Times</a> appeared first on <a href="https://www.dailytrends.co.ke">Daily Trends</a>.</p>
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