By PETER MBURU More by this AuthorNationalisation of Kenya Airways (KQ) won’t fix the financial turbulence at the airline, the management has said. The airline’s chief executive, Allan Kilavuka, told the Nation the move won’t return the national carrier to its past glory. “KQ is important, and yes, it is possible for it to make a profit, and it can, but the reason for nationalisation is not just for profits. In fact, nationalisation in and by itself, is not going to make it profitable,” Mr Kilavuka said. He said the airline has a bigger mandate as the national carrier to support the economy, than focusing on just making profits.

Source: Daily Nation July 17, 2020 06:30 UTC