Business
Kenya Airways Nationalization – What Is The Latest? – Simple Flying
Twenty-five years after privatization, Kenya Airways looks like becoming majority government-owned again. The Kenyan Government, which has always…
Twenty-five years after privatization, Kenya Airways looks like becoming majority government-owned again. The Kenyan Government, which has always maintained a significant stake in the airline, is moving to retake full control of Kenya Airways. But it’s a move not everyone is happy about.
The Kenyan Government is moving to nationalize Kenya Airways. Photo: Getty Images
As it stands, the Kenyan Government owns nearly half of the airline already. Air France-KLM owns a 7.76% stake, and the governm…
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