Mr Kirubi, who in August bought KQ shares worth Sh2.1 million even after the airline announced a record Sh25.7 billion after tax loss, said the company is “like a sick baby lying in bed without treatment”/FILE
Businessman Chris Kirubi, who is among top individual shareholders of the troubled Kenya Airways (KQ), has added his voice to calls for the sacking of its top management.
He also wants the KQ board disbanded saying its recent decisions “like the selling of assets at throw-away prices” has reduced its operating capacity.
Mr Kirubi, who in August bought KQ shares worth Sh2.1 million even after the airline announced a record Sh25.7 billion after tax loss, said the company is “like a sick baby lying in bed without treatment.”
“I put my money to support the revival of KQ based on my interest to see that Nairobi continues to be the very centre of our business operations,” said Mr Kirubi in an interview.
As part of its short-term survival, the airline sold assets – including aircraft and prime parking slots in London – in a disposal plan expected to earn the carrier Sh10.5 billion.
This move agitated over 500 pilots who downed their tools on Thursday last week leading to cancellation of tens of flights.
- This article was originally published by the BUSINESS DAILY.
