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Parliament ‘Votes To Nationalise Kenya Airways’

Kenya’s parliament has voted to nationalise Kenya Airways, reports Reuters news agency.

The country’s main airline is already 48.9% government-owned and 7.8% held by Air France-KLM and is making a loss at the moment, Reuters adds.

Kenya Airways Chairman Michael Joseph told Reuters the vote was “great news”.

“Nationalisation is what is necessary to compete on a level playing field. It is not what we want, but what we need,” he is quoted as saying to Reuters.

Air France-KLM could not immediately be reached for comment.

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