KQ gets government assurance as aviation industry tumbles - News Summed Up

KQ gets government assurance as aviation industry tumbles


The government will sustain Kenya Airways, Transport CS James Macharia has said, giving hope to the struggling national carriers whose poor performance has been worsened by the global coronavirus pandemic. “Kenya Airways is a strategic asset for this country in which our country has got strategic interest, and for which it is a national flag carrier. We have to support Kenya Airways,” CS Macharia said. “We must go beyond the profits and look at what Kenya Airways is bringing to our country,” the CS said, noting that the government has previously supported KQ. The loss-making national carrier needs up to $450 million ( about Sh47billion) to get operations back to profitability, according to chairman Michael Joseph.


Source: The Star April 09, 2020 00:56 UTC



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