Kenya Airways to run airports in proposed merger deal with KAA

Troubled national carrier Kenya Airways #ticker:KQ could soon merge with the Kenya Airports Authority (KAA) as part of a grand plan to deepen the airline’s recovery and cement Nairobi’s status as a regional transport hub.

A policy paper seen by the Business Daily and which got the Cabinet’s approval on Tuesday, says the aim is to reposition KQ in a similar fashion as its main rivals, including Ethiopian Airlines and Emirates Group, which have relied on government backing to expand their reach.