Kenya Airways still has some value proposition to investors

A KQ plane. FILE PHOTO | NMG

A hilarious quote from The Godfather (Part 1), “In Sicily, women are more dangerous than shotguns” got me thinking of something that’s equally dangerous; the vanity projects called African airlines.

According to the International Air Transport Association (IATA) 2019 report, while the global industry generated Sh685 per passenger in 2018, African carriers generated average losses of Sh109 for every passenger they flew.

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Note: The results are not exact but very close to the actual.