Kenya Airways to add capacity as leased aircraft return

Kenya Airways is adding capacity as it prepares take back 2 Boeing 787-8s and 3 777-300ERs as their leases expire over the next 2 years. The 787-8s that were on a 3-year wet lease arrangement with Oman Air will return in 2019 and the 777s that were leased to Turkish Airlines will return in 2019/20. CE Sebastian Mikosz said the carrier—which leased out the aircraft as part of its restructuring plan—is not sure what to do with the 3 larger 777-300ERs when their leases expire. “This creates a big question mark of what to do with them—what is the most optimal solution for these aircraft,” Mikosz said. He said there is an oversupply of 777s in the global market. “And I don’t believe we can find an airline that pays the good lease rates. So we may be able to use those for ourselves.” <br/>
ATW
http://atwonline.com/leasing/kenya-airways-add-capacity-leased-aircraft-return
4/30/18