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"id": 645587,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/645587/?format=api",
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"type": "speech",
"speaker_name": "Sen. Sijeny",
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"speaker": {
"id": 13127,
"legal_name": "Judith Achieng Sijeny",
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"content": "Mr. Speaker, Sir, regarding the annexure, I can summarize that the management of KQ reviewed the value, cost and implications, and after consultations with the various stakeholders, they all agreed to sell the morning landing slot. The sale proceeds were shared equally with KLM. That was the best that could be done in the circumstances; the expenses were many, including parking and staff. Therefore, it was not cost-effective to keep the slot. Appendix 1 shows the summary of audited results for the period ended 30th September, 2015. We are a few months away from the end of the financial year when we will get the proper audited results. The results show losses and what KQ has done to improve the situation. The rest of the annexure contains an explanation as to why the London landing slot was sold and why the Boeing 787 has been subleased to Oman Air."
}