Kenya Airways announced a further reduction of its losses by more than 20 percent.
The reduction signifies the airline’s effort to recover and take back its position as the the Pride of Africa.
The efforts that have been put in place to aid the recovery of Kenya Airways should be intensified and supported by the all the stakeholders.
Already, the national government owns 48 percent stake in the national carrier and other lenders have agreed to help bring it back to life.
It is commendable that Kenya Airways has been able to come from a loss of 27 billion shillings to the latest 3.8 billion shillings. That is more than 95 percent loss reduction.
According to the management, it is only a matter of few months and the airline will swing back to the profit making arena. The shareholders, most of them small scale shareholders have been going for years now without dividends and the news that they will soon start earning from the airline is cold water down the throat of thirsty man.
Even as we cheer on the recovery of Kenya Airways, questions still stand among most Kenyans. For instance, who brought down Kenya Airways? Who has been brought to book for bringing down Kenya Airways? Where did the profits Kenya Airways used to make go? Will anyone be ever be brought to answer and tell Kenyans what happened?
At one time, Kenya Airways was making profits. Then all over a sudden, it fell from the skies to the ground, went to the economic intensive care unit and has been recuperating ever since. The surgeons at the helm of it are doing a good job but that does not mean that we overlook the events that almost let to the collapse of once vibrant airline.
Kenya Airways flies the Kenyan flag to more than 100 countries. It is our identity and our heritage. It is recovering, yes, but how sure are we that it will not be brought down again?