• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Wednesday, September 17, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Business News

President Kenyatta asks Parliament to FastTrack Aviation Bill in Bid to Rescue Kenya Airways

Trading Room Reporter by Trading Room Reporter
in Business News
Reading Time: 1 min read
A A
0
KQ Kenya Airways
Share on FacebookShare on Twitter

Kenya’s President Uhuru Kenyatta, has urged the National Assembly to give priority to the National Aviation Management Bill 2020 which will effectively place Kenya Airways in public hands and ensure the loss-making carrier becomes profitable.

RELATED POSTS

Technology AI Is Cutting Down Banking Job Opportunities by about 54% Globally.

Banks Pump KES 153 Billion into MSMEs, Exceeding Annual Target

Government Draws Out Fuel Relief.

The bill if enacted will lead to the creation of Kenya Aviation Corporation, a holding company to run Kenya Airways, Kenya Airports Authority, Aviation Investment Corporation.

The bill has been challenged by various groups such as the Law Society of Kenya who demanded its withdrawal over poor public input the document was subjected to.

Putting KQ in public hands is expected to allow the airline to gain a public bailout averaging at Kes 45 Billion which will guarantee the airline’s turnaround to profitability.

The loss-making carrier has been pushing for a capital injection to help it stabilize its operations, which has been dented by a high debt stock amid loses.

It reported a Sh8.56 billion half-year loss for the period ended June 30,2019, double the Sh4.03 billion posted in a similar period previous year.

Post Views: 990
Buy JNews
ADVERTISEMENT
Tags: African AirlinesKenya AirwaysKenya EconomyNairobi Securities ExchangeUhuru Kenyatta
Previous Post

Equity Group Posts 17% Decline in 3rd Quarter Earnings at Kes 14.8 Billion

Next Post

Asian Markets Mixed; Tencent Shares in Hong Kong Rise on 80% Jump on Quarterly Earnings

Trading Room Reporter

Trading Room Reporter

Related Posts

Technology AI is reducing job opporrunities in bank through automation of processes and is therefore said to rduce between 200,000 jobs globally within 3 to 5 years
Business News

Technology AI Is Cutting Down Banking Job Opportunities by about 54% Globally.

by Winfred Wanja
MSMEs
Business News

Banks Pump KES 153 Billion into MSMEs, Exceeding Annual Target

by Ivan Lewa
Government Draws Out Fuel Relief.
Business News

Government Draws Out Fuel Relief.

by Ruth Nelima
Rubis Energy
Business News

Rubis Kenya Gains KES 5.2Bn From Trade of Fuel Subsidy Bond.

by Ruth Nelima
Next Post
Australian Stocks Fall More than 2% as Fed Signals No Rate Hikes Through 2022

Asian Markets Mixed; Tencent Shares in Hong Kong Rise on 80% Jump on Quarterly Earnings

NSE trader

Market Report; 13 November,2020

Wall Street Gains Closing on a New High as Oil Drops on Pandemic Worries

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,259)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,362)
  • Hilda Njeru Takes over at CDSC (2,234)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (2,183)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,954)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Jakarta Stock Exchange Kenya Bankers Association Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Technology AI is reducing job opporrunities in bank through automation of processes and is therefore said to rduce between 200,000 jobs globally within 3 to 5 years

Technology AI Is Cutting Down Banking Job Opportunities by about 54% Globally.

MSMEs

Banks Pump KES 153 Billion into MSMEs, Exceeding Annual Target

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$419.45  0.51%  
GME 
$25.97  1.40%  
MSFT 
$509.63  0.12%  
AAPL 
$239.56  0.59%  
AMC 
$2.84  2.06%  
ABNB 
$123.73  1.70%  
GOOGL 
$248.21  1.18%  
AMZN 
$231.48  1.10%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?