Shares in troubled Kenya Airways suspended for another year | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Trading in Kenya Airways shares has been suspended for another year, the local stock exchange said Wednesday, as the troubled national carrier battles to return to profitability. | News24_Business

Last month, Kenyan President William Ruto said the government was ready to sell its entire stake in the airline, which has been languishing deep in the red for years.

"I'm not in the business of running an airline that just has a Kenyan flag, that's not my business," said Ruto, who reportedly met executives from US carrier Delta Air Lines during the trip. The airline, whose slogan is"The Pride of Africa", was founded in 1977 following the demise of East African Airways and now flies more than four million passengers to 42 destinations annually.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

KMalatji _Business Does the 'local stock exchange' in Kenya have an officially registered name _Business ?

_Business Why can't any African government run an airline?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités