Kenya Airways names new performing CEO from Jan. 1

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Kenya Airways names new performing CEO from Jan. 1

Adds background, context


Adds background, context

NAIROBI, Dec 16 (Reuters)Kenya Airways KQNA.NR named a brand new performing chief govt officer on Monday to start out on Jan. 1, after the CEO introduced his resignation in Could amid the loss-making service’s renationalisation course of.

The brand new performing CEO, Allan Kilavuka is at the moment CEO of Kenya Airways subsidiary Jambojet. He’ll proceed in that function in addition to main Kenya Airways “till a substantive CEO for Kenya Airways has been recruited and appointed,” the service mentioned.

Kenyan lawmakers in July voted to have the state take again the airline, which is 48.9% government-owned and seven.8% held by Air France-KLM AIRF.PA. Kenya Airways was privatised greater than 20 years in the past however sank into debt and losses in 2014 after a failed growth drive, amongst different components.

The departing boss, Sebastian Mikosz, mentioned in Could that he would go away by the top of the yr for private causes after main the airline since June 2017.



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