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President Ruto Meets With Delta Air, Wants To Sell The Entire State Stake In Kenya Airways

President William Ruto has met with top executives of Delta Air Lines during his visit to the United States and announced the government's bid to sell his 48.9 percent stake in Kenya Airways.

The president met last Thursday with executives of Delta Air Lines, the largest US carrier by market value.

He, however, refused to give details of the talks as Kenya is looking for a cash-strapped foreign airline as a strategic investor in the national carrier to gain experience and rely on Treasury deliveries for operating cash.

"I want to sell all of Kenya Airways," Dr Ruto said on the sidelines of the US-Africa Leaders' Summit in Washington on Friday.

US President Joe Biden held a US-Africa summit last week and will discuss the 2023 elections and climate democracy with some 50 African heads of state.

More than 300 American and African companies met with leaders of various delegations to discuss investments in key sectors, the White House said Tuesday.

"Discussions with Delta are at an early stage," said Dr Ruto in the US. Government is looking for partnerships that will make Kenya Airways a profitable entity in whatever form it takes," he said.

Delta has previously expressed interest in a stake in Kenya Airways.

In 2009, the US Transportation Security Administration suspended a schedule of four direct flights a week via Dakar in Nairobi and Atlanta after failing to clear the new route.

This saw Kenya summon the US ambassador to explain the last-minute cancellation of a new Delta Air Lines flight over security fears.

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