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Article: Kenya Airways: an all-Africa hub?(Company profiles)
- Article from:
- African Business
- Article date:
- April 1, 2008
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Copyright informationCOPYRIGHT 2008 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kenya Airways stands out as one of the few African airlines that has managed the transition from a sluggish state-owned company to a highly profitable, internationally respected airline and is cited as one of the most successful privatisation cases in Kenya.
Flying out of its hub, Jomo Kenya International Airport in Kenya's capital Nairobi, 'The Pride of Africa' is often affectionately referred to as 'KQ', its calling code.
Kenya Airways was founded in 1977 as a state-owned company and suffered many of the problems typically associated with parastatals that led to a worsening of operational and financial performance. In 1992, the company was technically bankrupt and ...
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