Pilots union renews call for sacking of Kenya Airways management
Kenya Airlines Pilots Union (KALPA) has renewed its call for the Kenyan govt to change the management of Kenya Airways, in order to reverse the successive record loss making streak that has plagued the airline. “The historic losses are a testament to what we have been saying all along that Kenya Airways is in desperate need of new leadership and direction, KAPLA secretary general, Paul Gichinga, said. The airline reported a net loss of KES26.2b (US$258m) in the year ending March, up from a net loss of KES25.7b, a year ago. Analysts say in In the past 5 years, the stock has dropped 87%. CE, Mbuvi Ngunze, who took the helm in Dec 2014, has had a tumultuous reign but remains optimistic that the airline, which was Africa’s dominant airline just 5 years ago, will experience good fortunes in due time. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-07-28/sky/pilots-union-renews-call-for-sacking-of-kenya-airways-management
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Pilots union renews call for sacking of Kenya Airways management
Kenya Airlines Pilots Union (KALPA) has renewed its call for the Kenyan govt to change the management of Kenya Airways, in order to reverse the successive record loss making streak that has plagued the airline. “The historic losses are a testament to what we have been saying all along that Kenya Airways is in desperate need of new leadership and direction, KAPLA secretary general, Paul Gichinga, said. The airline reported a net loss of KES26.2b (US$258m) in the year ending March, up from a net loss of KES25.7b, a year ago. Analysts say in In the past 5 years, the stock has dropped 87%. CE, Mbuvi Ngunze, who took the helm in Dec 2014, has had a tumultuous reign but remains optimistic that the airline, which was Africa’s dominant airline just 5 years ago, will experience good fortunes in due time. <br/>
