The National Assembly’s Transport committee has recommended nationalisation of Kenya Airways as a bold step to overturn the fortunes of the struggling national carrier. The debt-ridden Kenya Airways owes CBA group Sh 3.1 billion, NIC bank Sh 2.1 billion, Equitty bank Sh 5.2 billion, National Bank Sh 3.5 billion, Co-operative bank Sh 3.3 billion, KCB Group Sh 2.1 billion and similar amount to DTB bank. The committee chaired by Pokot South MP David Pkosing at the same time recommended establishment of an Aviation Holding Company with four wholly owned subsidiaries. The committee also recommended revision of Kenya Airports Authority’s mandate to maintain at least one serviceable airstrip in each county for purposes of security, health and other emergencies. The arrangement will also see creation of a centralised Aviation Services College and Kenya Airways remaining a national carrier.

Source: The Star June 18, 2019 14:37 UTC