Kenya throws in the towel and calls for nationalization of national carrier, Kenya Airways, after years of being in the red

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On Tuesday, Kenya’s parliament voted to nationalize the national carrier in a bid to save it from mounting debts. The loss-making airline, which is 48.9%% government-owned and 7.8%% held by Air France-KLM, has been struggling to return to profitability and growth for years now. The airline says it is open to a model similar to […]

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