Inside Kenya Airways-KAA 'partnership' deal - News Summed Up

Trending Today


Inside Kenya Airways-KAA 'partnership' deal


The airline seeks to run the facility in a concession agreement with the Kenya Airports Authority, eliciting a debate on its capacity to handle the operations. Ruto said the proposal was mooted in a Cabinet meeting following concerns that Kenya Airways might go under with the governments’ investment. According to the Privately Initiated Investment Proposal (PIIP) by Kenya Airways, the annual concession fee has been set at Sh2.9 billion. He explained that according to the plan, KQ will run the facility in a Public Private Partnership structure. Appearing before the Transport Committee, Kenya Airways defended the deal saying it would cushion the country from a shrinking market share compared to the performance by its peers.


Source: The Star March 02, 2019 04:41 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */