Kenya Airways stock remained largely steady yesterday despite a go-slow by a section of its technical staff disrupting some of its scheduled flights. Shares trading on the Nairobi Securities Exchange gained a marginal 0.78 per cent day-on-day towards the close of trade to Sh6.50 a piece. Pilots, through their association, blamed the go-slow on KQ's delay to resolve issues around the pay structure and allowances, which has affected their morale. “Our professionalism, social and team work spirit have been negatively impacted upon,” said a letter signed by the Kenya Airline Pilots Association on November 29. Former Kenya Airways board chairman Denis Awori resigned on October 26 and was replaced by Safaricom founding CEO Michael Joseph.
Source: The Star December 05, 2016 23:54 UTC