The
National Assembly's proposal to have Kenya Airways bosses sacked and the
partnership with Dutch airline, KLM, terminated augurs well for many Kenyans.
Notably,
KQ was recently given a bailout of Sh20 billion through the supplementary
budget. As if that was not bad enough, top managers have been mentioned in
money-wasting scandal.
In
addition, the airline is dogged by the high cost of tickets, sale of jets that
have been lying idle on the tarmac and a contentious partnership with KLM.
Worse,
the fiscal report ending March 2016 showed that the national carrier made a
loss of Sh26.2 billion. During the 2014-2015 fiscal years, the airline made a
loss of Sh25.7 billion.
Although
the KQ management has apportioned blame to Western travel advisories and a
dismal performance of the Kenya shilling against international currencies, the
elements of financial mismanagement and poor administration could not be ruled
out.
The
allegations that KQ's top managers spend shareholders' money on loss-making
projects and the deepening levels of corruption have contributed greatly to the
current sad state of affairs.