Kenya Airways is the biggest economic thuggery committed on the Kenyan people in the past decade.
Cartels in the airline together with individuals in top ranks of govt have formed a syndicate that has seen Kenya Airways lose more than Ksh 10 billion annually as the syndicate gets richer.
Most, if not all of these economic cartels want to make sure that Kenya Airways falls to its total death and take over KQ’s operations.
Earilier toadys, Kenya Airways said its pretax loss for last year tripled to 36.57 billion shillings ($333.2 million) as the coronavirus crisis hit demand for travel.
The carrier, which is part owned by Air France KLM, said its revenue plunged by more than half during the period, as lockdown measures reduced passengers.
Cargo volumes also went down during the period, as the carrier grounded some flights, leading to reduced belly space.
The airline’s basic loss per share jumped to 6.22 shillings in 2020 from 2.23 shillings in the prior year, it said.