Jambojet

Jambojet
IATA ICAO Callsign
JX[1]
Founded 13 September 2013
Commenced operations 1 April 2014
Hubs Jomo Kenyatta International Airport
Fleet size 4
Destinations 7
Company slogan Now you can fly[2]
Parent company Kenya Airways (100%)
Headquarters Nairobi, Kenya
Key people Vincent Rague, (Chair)
Willem Hondius, (CEO)
Total equity KSh 100,000
Employees 24 (2014)
Website jambojet.com

Jambojet Limited is a Kenyan low-cost airline that started operations in 2014. It is a subsidiary of Kenya Airways and is headquartered in Nairobi, Kenya.[3]

History

Willem Alexander Hondius was appointed as CEO in September 2013, reporting to the board of directors, chaired by Vincent Rague.[4] Before his appointment, Hondius was general manager for KLM Royal Dutch Airlines for Eastern Africa based in Nairobi since 2012. The airline aimed to directly employ 24 employees, hire 20 pilots from Kenya Airways and source 30 crew members from third parties.[5]

Operations commenced on 1 April 2014.[6] The Kenya Civil Aviation Authority authorised the airline to fly to Burundi, Comoros, the Democratic Republic of the Congo, Ethiopia, Madagascar, Mayotte, Rwanda, Somalia, South Sudan, Tanzania and Uganda.[7]

Corporate affairs

Ownership

The airline is a wholly owned subsidiary of Kenya Airways. Its equity consists of 5,000 shares each with a nominal value of KSh 20.[8]

Business trends

Full performance and financial figures are incorporated within the Kenya Airways Group accounts, but some separate figures for Jambojet have been published. Jambojet commenced operations in April 2014; start-up costs in the preceding year, and figures for the first year's trading, are shown below (as at year ending 31 March):

2014 2015
Turnover (KSh m) 0 2,605
Profits (EBT) (KSh m) −118 −287
Number of employees n/a n/a
Number of passengers (m) 0 0.48
Passenger load factor (%) - n/a
Number of aircraft (at year end) 2 4
Notes/sources [9] [10][11]

Destinations

A Jambojet Boeing 737-300 at Moi Airport
[Hub] Hub
[F] Future
Country City IATA ICAO Airport
Kenya Eldoret EDL HKEL Eldoret International Airport
Kenya Kisumu KIS HKKI Kisumu International Airport
Kenya Mombasa MBA HKMO Moi International Airport
Kenya Lamu LAU HKLU Lamu Airport [12]
Kenya Malindi MYD HKML Malindi Airport [12]
Kenya Nairobi NBO HKJK Jomo Kenyatta International Airport [Hub]
Kenya Ukunda UKA HKUK Ukunda Airport

Fleet

Jambojet Fleet[5]
Aircraft In Service Orders Passengers Notes
Boeing 737-300 3 142
Bombardier Dash 8 Q400 2 78 Chartered from DAC Aviation [12][13]
Total 5 -

See also

References

  1. IATA designator on Twitter
  2. "Kenya Airways executive to join Fastjet two weeks before Jambojet launch". kenyanaviation.com. 22 February 2014. Retrieved 26 February 2014.
  3. Blachly, Linda (12 September 2013). "Kenya Airways appoints CEO of new Jambo Jet subsidiary". Air Transport World. Retrieved 26 February 2014.
  4. "KQ picks CEO for low-cost subsidiary". Business Daily Africa. 12 September 2013. Retrieved 26 February 2014.
  5. 1 2 MAINA, WANGUI (17 February 2014). "KQ set to launch Sh3,000 fare carrier in April". Business Daily Africa. Retrieved 26 February 2014.
  6. Moores, Victoria (4 April 2014). "Kenya Airways' low-cost arm Jambojet launches operations". Air Transport World. Archived from the original on 5 April 2014.
  7. Clark, Oliver (2 January 2014). "Jambo Jet gains domestic and international route licences". Flightglobal (London). Archived from the original on 23 March 2014.
  8. "2013 Annual Report" (PDF). Kenya Airways. 2013. p. 97. Retrieved 27 February 2014.
  9. "2013 Annual Report" (PDF). Kenya Airways.
  10. "Jambojet records satisfactory results since launch". Kenya Broadcasting Corporation.
  11. "Annual Report 2015" (PDF). 29 July 2015. Retrieved 19 October 2015.
  12. 1 2 3 "Jambojet becomes a new Bombardier Q400 operator". World Airline News. 1 April 2015. Retrieved 1 April 2015.
  13. http://www.businessdailyafrica.com/Corporate-News/Jambojet-leases-another-plane-amid-row-with-pilots/-/539550/2695246/-/item/0/-/qrak0o/-/index.html

External links

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