Allan Kilavuka, who was brought in from KQ’s low-cost subsidiary Jambojet to replace Sebastian Mikosz in April, has unveiled a six-point revival plan to return the airline into profitability.
He served as the airline’s acting chief executive since January.
The plans were issued Friday after the airline received KSh5 billion from the National Treasury to fund it’s E190 Embraer fleet engines overhaul and maintenance.
The airline which is 48.9% government-owned while Air France-KLM holds a 7.8% stake, said it is holding discussions for ‘a possible restructuring of the operations and corporate structure of KQ subject to regulatory approvals’, according to KQ Chairman Michael Joseph.
Kilavuka said that Kenya Airways plays a vital role in the aviation industry in Africa and the capital injection will go a long way in enhancing Kenya Airways’ operations and strengthening of the fleet.
“It is on this premise that this year, we identified six key areas of focus which are improving our customer’s experience, reducing costs and wastage, strengthening operational efficiency, stabilising the organisation, growing our profitability and managing relationships with our stakeholders,” Kilavuka emphasised.
In 2019, it began to implement the Altéa Network Revenue Management System aimed at optimizing returns from all bookings made and in turn increase overall airline revenues going forward. This system has been implemented by Amadeus.