By PAUL WAFULAMore by this AuthorKenya Airways Chief Executive Officer Sebastian Mikosz has resigned on "personal grounds", effective December 31. IMPROVEMENTSThe CEO noted that he remains "fully determined" to the plans for the national carrier's turnaround that were rolled out three years ago. Mr Mikosz noted that the efforts have seen the company decrease its losses from Sh25 billion in 2014 to Sh7.5 million currently. Kenya Airports Authority (KAA) did not help as it questioned the financial viability of the deal given KQ was the one in problems. Instead of focusing on the turnaround strategy, the chief executive has found himself having to explain just how much he and his expats earn.

Source: Daily Nation May 24, 2019 16:24 UTC