Kenya Civil Aviation Authority (KCAA) has announced that the number of new chopper owners shrunk significantly in 2020 signaling that wealthy individuals are now ditching helicopters. KCAA Director General Gilbert Kibe further revealed that only two choppers were registered in the individual ownership category in 2020 compared to 13 in 2019. Kibe explained that the demand for choppers dropped due to the negative effects of Covid-19 on the economy. 2020 was the first year the business experienced a slump after a steady rise in choppers in Kenya for the past decade. A Knight Frank report revealed that the total number of wealthy Kenyans who have a net worth of Ksh3 billion or more in the country decreased from Ksh106 to 90.

Source: Daily Nation March 04, 2021 05:13 UTC