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According to the airline, the Government of Kenya, through the National Treasury and Economic Planning, holds a 48.90 percent stake in the company, contrary to claims that it has surpassed majority ownership.
The airline clarified that these are not part of its regular scheduled services but are designated repatriation flights targeting customers who are citizens or residents of the UAE seeking to travel from Nairobi, and vice versa.
The national carrier said the blizzard warning and adverse weather conditions affecting several parts of the United States, including New York, had led airport authorities to suspend flight operations for specific periods.
Former Kenya Airways manager Dan Okwiri says poor fleet use, weak cargo strategy and inefficient scheduling are costing KQ billions, urging government-set KPIs and structural reforms to unlock revenue.
Speaking during an interview with Radio Generation, Okwiri said the problems facing the national carrier are rooted in how its fleet is managed, financed, and maintained over time.
In a public announcement issued on Tuesday, the Board of Directors said Kilavuka’s exit follows his service during one of the most turbulent periods in the airline’s history, including the COVID-19 pandemic that severely disrupted the global aviation industry.
The regulator has begun investigating a proposal by Dubai Aerospace Enterprise (DAE) Capital to sell two aircraft it has leased in Kenya to US-based Azorra Aviation.
During a session with Treasury PS Chris Kiptoo, lawmakers questioned the decision to novate the loan and demanded accountability.
The national carrier said the more than tenfold increase in depreciation from Sh214 million in the previous year was due to a significant write-down on its owned fleet.