Kencargo Airlines International

Kencargo Airlines International
IATA ICAO Callsign
- - -
Founded 2001
Ceased operations 2004
Parent company Kenya Airways

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

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
1Kenya Airways60
2KLM20
3Martinair20
Total100.00

See also

  1. Kenya Airways
  2. KLM
  3. Martinair

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
  4. ↑ "Kenya Airways". www.kenya-airways.com. Retrieved 2017-08-22.
  5. ↑ "Kencargo jv launched in Nairobi". News24. Retrieved 2017-08-22.
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