KQ eyes rebound with McKinsey turn-around plan

Kenya Airways (KQ) will be hoping to calm headwinds that pummelled its business as it seeks to rebound from record losses and turn around a negative equity position that saw the Senate call for the sacking of its top managers.

KQ is barely meeting its financial obligations on expensive loans, is selling off its assets (planes and land) and is also set to initiate a fresh round of job cuts.