State-owned to private and back, Kenya Airways flies full circle - News Summed Up

State-owned to private and back, Kenya Airways flies full circle


By JOE NYAGAH More by this AuthorKenya Airways is about to revert to full government ownership after the privatisation experiment appears to have failed. TECHNOLOGYSecondly, our old aircraft fleet was not competitive, especially on our main European routes, leading to high maintenance costs. It was, and still is, almost impossible to easily enter such markets as Ethiopia, our major regional competitor. After many years of KQ making losses the government has decided to go back to the original State-owned corporation status. It should watch closely the following:One, the two regional main regional competitors, Ethiopian and RwandAir, operate in a much more politically controlled environment.


Source: Daily Nation July 19, 2020 20:54 UTC



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