Kencargo Airlines International

Last updated
Kencargo Airlines International
IATA ICAO Callsign
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Founded2001
Ceased operations2004
Parent company Kenya Airways

Kencargo Airlines International was a cargo airline based in Kenya. It ceased operations in 2004,. [1]

Contents

History

The airline was established and started operations in April 2001 [2] as a joint venture between Kenya Airways, KLM and Martinair, to link all three airlines with Kenya Airways daily intra-African network.

The airline ceased operations in April 2004 when Kenya Airways acquired all the shares held by the other Joint Venture partners, [3] formed Kenya Airways Cargo and transferred Kencargo's business to the new entity. [1] [4]

Ownership

As at incorporation, the company's shareholding was as follows: [5] .

Kencargo Airlines International Ownership
RankName of OwnerPercentage Ownership
1 Kenya Airways 60
2 KLM 20
3 Martinair 20
Total100.00

See also

  1. Kenya Airways
  2. KLM
  3. Martinair

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References

  1. 1 2 Flight International 5–11 April 2005
  2. "Kencargo jv launched in Nairobi". News24. Retrieved 2017-08-22.
  3. Kenya Airways Annual Report 52 [ permanent dead link ]
  4. "Kenya Airways". www.kenya-airways.com. Retrieved 2017-08-22.
  5. "Kencargo jv launched in Nairobi". News24. Retrieved 2017-08-22.