Jambojet: Our plans to dominate budget airline industry

Low-cost carrier Jambojet last month reported net profits of Sh57 million for the first six months of its financial year. The results that covered April to September 2015 were welcome news for shareholders, who absorbed a Sh237 million loss over a similar period last year.

Jambojet, which operates a Boeing 737 and leased Bombardier planes between major Kenyan cities, was started by national carrier Kenya Airways last year.