Jambojet

Jambojet Limited is a Kenyan low-cost airline that started operations in 1st April 2014. It is a subsidiary of Kenya Airways and is headquartered in Nairobi, Kenya.[4]

Not to be confused with Jumbo jet.
Jambojet
IATA ICAO Callsign
JM[1] JMA[1] CHUI
Founded13 September 2013
Commenced operations1 April 2014
Operating basesNairobi-Jomo Kenyatta
Fleet size7
Destinations7
Parent companyKenya Airways (100%)
HeadquartersNairobi, Kenya
Key peopleVincent Rague, (Chair)
Karanja Ndegwa, (Ag. CEO)[2]
Total equityKSh 100,000
Employees24 (2014)213[3] (2019)
Websitejambojet.com

History

Willem Alexander Hondius was appointed as CEO in September 2013, reporting to the board of directors, chaired by Ayisi Makatiani.[5] 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.[6]

Operations commenced on 1 April 2014.[7] 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.[8]

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.[9]

Jambojet's performance and financial figures are fully incorporated within the Kenya Airways Group report and accounts.

Available figures for Jambojet are shown below - until March 2017, accounting dates were for the year ending 31 March; this changed to year ending 31 December from 2017, to align with accounting dates for the parent company. (Note also: Jambojet commenced operations in April 2014; therefore start-up costs, but no income, arose in the financial year to March 2014.)

2014 2015 2016 Mar
 2017
(12m)		 Dec
 2017
(9m)		 2018
Turnover (KSh b) 0 2.61 3.44 3.75 2.64 4.99
Profit (EBT) (KSh m) −118 −287 126 −25 −101 77
Number of employees n/a 29 35 54 85
Number of passengers (m) 0 0.48 0.57 0.59 0.43
Passenger load factor (%) 0 92
Number of aircraft (at year end) 2 4 4 4 5 5
Notes/sources [10] [11][12] [13] [14] [15][16] [17]

Destinations

Jambojet flies to 6 domestic routes within Kenya, as well as 2 international destination as of November 2019:[18] Jambojet suspended operations into Entebbe and Kigali in August 2020 due to the effects of Covid-19.

As of October 2020 Jambojet commenced direct flight from Mombasa to Kisumu through Eldoret operating Four times weekly.

County City Airport Notes
KenyaMalindiMalindi Airport—
KenyaKisumuKisumu International Airport—
KenyaUkundaUkunda Airport—
KenyaMombasaMoi International Airport—
KenyaNairobiJomo Kenyatta International AirportBase[7]
KenyaEldoretEldoret International Airport—
UgandaEntebbeEntebbe International AirportSuspended
RwandaKigaliKigali International AirportSuspended

Fleet

Current fleet

As of October 2019, Jambojet operates the following aircraft:[19]

Jambojet fleet
Aircraft In Service Orders Passengers Notes
Bombardier Dash 8-Q400 6 — 78/82 [20][21][22]
Total 8 —
A Jambojet Boeing 737-300 at Mombasa airport in 2014

Historical fleet

The company has previously operated the following aircraft:[23]

  • Boeing 737-300

See also

References
  1. "Jambojet". avcodes.co.uk. Retrieved 7 December 2017.
  2. Bonface Otieno (27 April 2020). "Jambojet appoints finance chief Karanja Ndegwa as interim MD". Business Daily Africa. Nairobi. Retrieved 27 April 2020.
  3. "JamboJet Overview". www.linkedin.com. 2019-09-03. Retrieved 2019-09-03.
  4. Blachly, Linda (12 September 2013). "Kenya Airways appoints CEO of new Jambo Jet subsidiary". Air Transport World. Retrieved 26 February 2014.
  5. "KQ picks CEO for low-cost subsidiary". Business Daily Africa. 12 September 2013. Retrieved 26 February 2014.
  6. MAINA, WANGUI (17 February 2014). "KQ set to launch Sh3,000 fare carrier in April". Business Daily Africa. Retrieved 26 February 2014.
  7. Moores, Victoria (4 April 2014). "Kenya Airways' low-cost arm Jambojet launches operations". Air Transport World. Archived from the original on 2014-04-05.
  8. Clark, Oliver (2 January 2014). "Jambo Jet gains domestic and international route licences". Flightglobal. London. Archived from the original on 2014-03-23.
  9. "2013 Annual Report" (PDF). Kenya Airways. 2013. p. 97. Retrieved 27 February 2014.
  10. "2013 Annual Report" (PDF). Kenya Airways.
  11. "Jambojet records satisfactory results since launch". Kenya Broadcasting Corporation.
  12. "2015 Annual Report" (PDF). Kenya Airways.
  13. "2016 Annual Report" (PDF). Kenya Airways.
  14. "2017 Annual Report" (PDF). Kenya Airways.
  15. "2017 Annual Report" (PDF). Kenya Airways.
  16. "Jambojet losses deepen on delayed delivery of planes". Standard Digital. 2 July 2018.
  17. "2018 Annual Report" (PDF). Kenya Airways. 29 April 2019.
  18. "Jambojet destinations". 20 June 2019. Retrieved 20 June 2019.
  19. https://www.planespotters.net/airline/Jambojet
  20. "Kenya's Jambojet to lease two Q400s from IFC". ch-aviation. Retrieved 2017-08-17.
  21. "Kenya's low cost carrier Jambo Jet acquires new aircraft". abcafricanews. 2017-05-31. Retrieved 2017-11-30.
  22. "Kenya's Jambojet preps for 1Q18 int'l debut; to quit jet ops". ch-aviation.
  23. "Jambojet Fleet Details and History".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.