Parliament approves bid to nationalise Kenya Airways

National Assembly’s Transport committee chairman David Pkosing. FILE PHOTO | NMG

Parliament on Tuesday voted to nationalise listed airline Kenya Airways to save it from mounting debts in a vote that could set the stage for the buyout of minority shareholders.

The National Assembly unanimously voted to approve the recommendation by the Transport committee for the formation of an umbrella Aviation Holding Company to run Kenya’s aviation sector.

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