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A Kenya Airways 787-8. (Photo: AirlineGeeks | William Derrickson)

Kenya Airways Gears Up for Government Takeover Amid Massive Layoff Reports

In a bid to retain its financial flexibility and optimize on the lack of connectivity throughout Africa, the government of Kenya is on the verge of nationalizing its flag carrier to retain market share while aiding the troubled airline in its restructuring process. Lawmakers passed the nationalization bill which entails a National Aviation and Management Bill that will mark a major shake-up to the country’s aviation industry and presumably aid the airline towards profitability. Among the key agendas in the…