In a very surprising move Kenya’s national carrier; Kenya Airways, has made it known that it will lay off half of its pilots as a way helping it reduce costs during the ongoing Coronavirus pandemic.
This decision is expected to affect around 207 of the airline’s 414 pilots and will be carried out over a period of three (3) years, leading to an estimate of 3.24 billion Kenyan Shillings saved as a result.
Kenya Airways (KQ), stated that while its pilots consist of 10 percent of the its entire workforce, their salaries are 45 percent (6.48 Kenyan Shillings) of its total payments to employees.
The airline is also looking to reduce costs of up to 63 billion Kenyan Shillings. This figure is based on its expenditure (127 billion Kenyan Shillings) for the year which ended in December 2019.
From 2014 until now, the total number of Kenya Airways pilots dropped by 18 percent following losses brought on by expensive aircraft purchases that unfortunately occurred at the same time a reduction in business and tourism travel to Kenya saw a sizeable reduction. The reduction was blamed on the numerous attacks by Al-Shabaab.
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