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Kenya Airways on route to recovery as losses reduce by three quarters

Losses are down by 75 percent as cost-saving measures take hold at Kenya Airways. The airline announced this morning that the financial results of the 2015/16 financial year, which ended on March 31, were as anticipated with losses of last year reduced by some 75 percent, showing that the measures taken to control cost and improve operational performance did yield the results top executives suggested throughout the past 12 months, often in the face of acid but misplaced criticism, mainly expres...
Mbuvi Ngunze Kenya Airways Available Seat Kilometres Group Managing Director Operation Pride கேந்ய வானெறிக்குழுப்பெயர்

Is government part of the solution to SAA's woes, or is it part of the problem?

Is government part of the solution to SAA’s woes, or is it part of the problem? In an opinion piece in Daily Maverick a week ago, Minister of Public Enterprises Pravin Gordhan wrote about steps taken by his department to reverse the effects of the “ruthless looting and destruction” which has taken place in the country’s state-owned enterprises (SOEs) over the past few years. He said the Department of Public Enterprises was taking “decisive steps to recover assets, money and intellect...
South Africa Kwazulu Natal United Kingdom South Africans South African Mzimkulu Malunga
Source: msn.com

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