Kencargo Airlines International
| |||||||
| 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 ceased operations in April 2004 when Kenya Airways acquired all the shares held by the other joint venture partners,[2] formed Kenya Airways Cargo and transferred Kencargo's business to the new entity.[1][3]
Ownership
As at incorporation, the company's shareholding was as follows:[4]
| Rank | Name of owner | Percentage ownership |
|---|---|---|
| 1 | Kenya Airways | 60 |
| 2 | KLM | 20 |
| 3 | Martinair | 20 |
| Total | 100.00 | |
References
- 1 2 Flight International 5–11 April 2005
- ↑ Kenya Airways Annual Report 52
- ↑ "Kenya Airways". www.kenya-airways.com. Retrieved 2017-08-22.
- ↑ "Kencargo jv launched in Nairobi". News24. Retrieved 2017-08-22.