FEATURED STORY

Wealthy Kenyans’ Planes To Be Auctioned Over Defaulted Parking Fees

Share
A 748 Airplane. The Kenya Airports Authority is planning to auction more than 100 planes belonging to operators, tycoons and wealthy Kenyans over defaulted parking fees.
Share

The Kenya Airports Authority (KAA) has announced plans to auction 101 planes in various airports to recover accumulated parking fees after their owners defaulted on payments. KAA has given the owners 30 days to claim their aircraft, failure to which the planes will be auctioned as KAA moves to declare the planes a safety risk.

“The said aircraft will be sold by public auction and the proceeds of the sale shall be defrayed against any incurred charges and the balance if any shall remain at the owners’ credit but should there be a shortfall, the owner shall be liable thereof,” KAA Acting Managing Director Alex Gitari says in the latest Kenya Gazette notice.

The planes include some owned by commercial flight operators such as 748 Air Services, Silverstone, Jetlink and Fly540, and others owned by politicians and wealthy businessmen.

KAA will also not spare aircraft belonging to state agencies like the Kenya Police, Moi University, and Somalia Airforce.

“The aircraft must be removed within 30 days from the date of publication of this notice and upon payment of all outstanding charges and any incidental costs including the cost of publication of this notice,” further read the notice.

Large aircraft pay $25 (Ksh2,707) in parking fees at airports like Jomo Kenyatta International Airport (JKIA).

The planes are also required to pay $585 (Ksh63,355) to land during the day and $702 (Ksh76,000) to land during night.

Small planes are required to pay $15 (Ksh1,625) in parking fees every day and $223 (Ksh24,150) to land during the day and $268 (Ksh29,000) to land during the night.

See Also>>>>>Kenyans selling off their choppers ahead of elections

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Former WPP-Scangroup CEO Bharat Thakrar
FEATURED STORY

WPP ScanGroup Joins List of Firms that Have Issued Profit Alert

WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list...

Sidian Bank branch launch
FEATURED STORY

Sidian Bank Upgraded to Medium-Size Status by CBK: Facts and Figures

Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris...

Diageo exit was apparent even as EABL is building its war chest with a KSh 20 bn Cash Call
FEATURED STORY

 Diageo UK Plc Finally Exits East Africa’s Beer Market

Diageo Plc UK, a global brewing giant has sold its entire stake...

Sacco loans are popular with land , home buyers
FEATURED STORY

SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September

SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to...