Wednesday, January 27, 2021
Home > Featured > Parliament ‘Votes To Nationalise Kenya Airways’
FeaturedNews

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.

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply

Your email address will not be published. Required fields are marked *