By KIPCHUMBA SOMEMore by this AuthorThe proposed takeover of Jomo Kenyatta International Airport (JKIA) by Kenya Airways (KQ) might not be enough to revive the fading fortunes of the troubled national carrier, according to a new report. KQ, which is Sh230 billion in the red, has pegged its survival on operating JKIA for a period of 30 years under the Privately Initiated Investment Proposal (PIIP) arrangement. The oft-cited example is Bole International Airport in Addis Ababa, which is operated by Ethiopian Airways and Hamad International Airport in Doha, operated by Qatar Airways. JKIA MANAGERBut KPMG says these examples are exceptions rather than the norm around the world, and questioned the ability of KQ to operate JKIA. It is therefore very difficult to verify the efficiency matrix presented in the PIIP,” KPMG said.

Source: Daily Nation March 28, 2019 06:00 UTC