KQ loss renews calls for more open skies in Africa to save ailing aviation sector

Kenya Airways CEO Mbuvi Ngunze (right) during the financial results released for the year ending June 30th 2015 with him is Alex Mbugua (left) finance manager Kenya Airways taken on 30th July 2015. PHOTO:WILBERFORCE OKWIRI 

Nairobi: Yesterday's announcement of massive losses by the national carrier Kenya Airways has rekindled calls for African governments to scrap protectionist policies to give a lifeline to the continent's major airlines.

KQ Chief Executive Officer Mbuvi Ngunze yesterday reported an unprecedented pre-tax loss of Sh29 billion. Mr Ngunze sought to downplay the loss, stating that the airline was 'experiencing turbulence' but future earnings look promising.