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{
    "id": 919622,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/919622/?format=api",
    "text_counter": 783,
    "type": "speech",
    "speaker_name": "West Mugirango, FORD-K",
    "speaker_title": "Hon. Vincent Kemosi",
    "speaker": {
        "id": 13508,
        "legal_name": "Vincent Kemosi Mogaka",
        "slug": "vincent-kemosi-mogaka"
    },
    "content": " It goes to pay parking fees and other bills which can be exempted by the Government of Kenya, if it was fully owned by the Government. That way, Kenya Airways will come back to its feet. There is need to protect our competitiveness in the aviation sector and, more particularly, to bring KQ into wellbeing. This can be achieved through nationalisation of KQ by the Government buying out the shares of the private owners and hence making KQ a national carrier as it was before. It is recommended and I support that the Government establishes an aviation holding company with four wholly-owned subsidiaries, that is, JKIA, KAA and KQ, which will be an independent entity and hence a national carrier. The resources from the said aviation holding company and any revenue generated shall be utilised for the mutual benefit of all the four subsidiaries. By so doing, if we have profit generated by the aviation industry, then we are very sure that we can bring Kenya Airways into profit-making. This idea of having a holding company is not new. This is something that is happening globally. If you look at Egypt, which also has a good aviation industry, they do have a holding company which manages their airports and also their airlines. The same applies to the United Arab Emirates (UAE) where Emirates Airlines is also managed together with the airport and the revenue that is generated is shared between the two companies, that is, the airline and also the airport within which they operate. This idea can be applicable in Kenya and we have seen that KAA makes profits. Kenya Airways generates a lot of revenue as we stand currently. However, most of the money that they generate ends up paying bills. So, if we merge the two, I am quite confident that we will be able to bring Kenya Airways back on its feet and it will be making profits. We will also have an airline which can also ply most routes in the world, if not Africa. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}