A state-initiated restructuring plan will split Kenya Airways into multiple subsidiaries to swing the airline into profitability, Business Daily newspaper reported.
Roads, Transport and Public Works Cabinet Secretary nominee Kipchumba Murkomen said President William Ruto was working with Kenya Airways and other players to restructure the airline.
The national carrier has received multi-billion shilling bailouts amid delayed travel recovery following Covid-19.
“We intend to create subsidiaries…