Shares in troubled Kenya Airways suspended for another year

The original article can be found here.

Article highlights:

  • Trading in Kenya Airways shares has been suspended for another year as the troubled national carrier battles to return to profitability.
  • Last month, Kenyan President William Ruto said the government was ready to sell its entire stake in the airline, which has been languishing deep in the red for years.
  • The government owns a 48.9% stake in Kenya Airways, while Air France-KLM has 7.8%.