Renationalisation unlikely to fly Kenya Airways back to profit

Kenya Airways planes are seen parked at the Jomo Kenyatta International airport near Kenya's capital Nairobi, April 28, 2016 [Photo, Reuters]

NAIROBI, KENYA: By taking back full control of Kenya Airways, lawmakers are banking on Kenya’s ability to replicate the profitable example of Ethiopia’s state-owned flag carrier Ethiopian Airlines.

The global precedents are not reassuring.