When the Senate Select Committee inquiring into the affairs of Kenya Airways, which I chaired, submitted its report to the Senate in November last year, the Senate unanimously endorsed the report and its recommendations. We had discussed this report with the Ministers of Finance as well as Transport and hard emphasised the need to overhaul the management of the airline in order to ensure that the turn around exercise is successful. This was a result of some comparative studies we had done of airlines under similar circumstances and how they were turned around.
A very recent and living example is that of Malaysia Airlines which has a very comparable history with Kenya Airways. There is therefore no reason why Kenya Airways should fail when this South East Asian airline underwent much more daunting financial hazards before it was turned around as recently as 2005. Let us look at its experience briefly. The only reason that can make Kenya Airways slide into oblivion is if there are certain well placed and ravenous state connected business interests who are bent on running down the shares of the national flag carrier so as to buy it for a song. We have seen this happen to Uchumi Supermarkets; it could easily happen to Kenya Airways under our nose.
www.the-star.co.ke/news/2016/10/01/the-challenge-of-turning-around-kenya-airways_c1428380