IOSA is an internationally-accepted evaluation system designed to assess the operational management and control systems of an airline. ISAGO aims to improve safety and cut airline costs by drastically reducing ground accidents and injuries.
The IATA safety audit comes with some benefits, including reduced costs. Since it is internationally recognised, KQ will not have to undergo multiple safety audits in different jurisdictions. By ensuring that its ground operations adhere to high safety standards, Kenya Airways will ensure its operational costs are low by minimising damage.
Kenya Airways plans to expand its fleet from the current 34 aircraft to 107 in ten years. To finance the acquisition of the aircraft, the airline is seeking to raise additional capital through a Rights Issue later this year, to fund the acquisition of the new aircraft.
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