Civil aviation agency seeks profit retention
Kenya Civil Aviation Authority (KCAA) is seeking National Treasury nod to keep surplus revenue generated, instead of giving it back.
This, according to KCAA, will help them offset surging operational costs and logistics in the short term, as they await complete resumption of international flights. Currently, 90 per cent of KCAA earnings go to the National Treasury.
“We operate under the Treasury and they have been funding our operations.
As per agreement, the monies earned from our end ideally go to the Government but what we are in talks with them is to keep surplus of the revenue generated as opposed to remitting it.
We are in a struggle point with an 82 per cent dip in earnings so clearly we need the help as we stabilize with time.
The Ministry of Transport is doing our bidding and I am hopeful all goes well,” KCAA Director General Captain Gilbert Kibe told Business Hub.
At the same time, the Government will be looking at ensuring KCAA stays stable by improvement of the different facilities.
“We will continuously work especially on Jomo Kenyatta International Airport and Mombasa International Airport because we need to keep them up to par in terms of safety and security and we are glad the Government is chipping in.
Stable improvement
In the interim, we cannot quite project the weight of impact on numbers but surely and slowly we will get there.”
KCAA throughout the past three months in liaison with Kenya Airports Authority and Ministry of Transport has already come up with a protocol document to assist in neutralizing any further effects of the virus to both crew and passengers alike.
The regulator has further increased Operators Licenses and Certificates in anticipation of full flow in the coming days.
This was done in consultation with all players in the aviation sector with priority provided to those who meet all safety and security regulations.
“We have looked at all angles to ensure everyone is safe. In terms of preparedness, we have ensured that all air operators will be checked including cabin crew and air traffic and as such extended the validity of their licenses to 45 days.
