Kenya Airways Terminates Controversial Venture With Klm After 24 Years

Kenya Airways Terminates Controversial Venture With Klm After 24 Years Kenya airways (kq) will terminate the controversial 24 year old joint venture partnership with air france klm group next year, in what will see the national carrier free itself from the deal, which saw it get the short end of the stick. kq announced on saturday that it agreed with klm to mutually terminate their africa europe joint venture. Kenya airways (kq) will terminate the controversial 24 year old joint venture partnership with air france klm group next year, in what will see the national carrier free itself from the deal, which saw it get the short end of the stick. kq announced on saturday that it agreed with klm to mutually terminate their africa europe joint venture.

Kenya Airways Cancels Klm Africa Europe Joint Venture Partnership Kenya airways cancels klm africa europe joint venture partnership. kenya airways (kq) will terminate the controversial 24 year old joint venture partnership with air france klm group next year, in what will see the national carrier free itself from the deal, which saw it get the short end of the stick. 0. kenya airways (kq) and air france klm group have announced their mutual decision to terminate their africa europe joint venture partnership from 1st september 2021. the two airlines had previously suspended the joint venture cooperation for the calendar year 2020, mainly due to the covid 19 pandemic and the subsequent uncertainty of return. In 1995, when kenya airways entered into the joint venture, kenyans hoped this would turn the company around. but the agreement was skewed against kenya airways because it gave klm’s appointed board members some veto powers. This week, kenya airways and air france klm announced that they are mutually ending their long standing joint venture agreement. the agreement had already been suspended in 2020 due to the ongoing crisis, and both airlines have now decided to end it from september 1st, 2021, according to worldstage . the end of the jv will impact seven routes.