The Kenya Airports Authority (KAA) has formally transitioned from a state corporation into a public limited company as part of government reforms aimed at improving its commercial operations.

🇰🇪 Breaking It Down

KAA Chief Executive Officer Moses Wekesa announced the change late Thursday, saying the authority was incorporated as a public limited company on June 3, 2026.

“The organisation has officially transitioned from Kenya Airports Authority to Kenya Airports Authority PLC, incorporated as a public limited company on 3rd June, 2026, under the Companies Act, 2015,” Wekesa said.

The company was issued Certificate No. PLC-P6U58MWD following its incorporation under the Companies Act.

📌 What You Need to Know

KAA said the transition is part of broader reforms targeting state-owned enterprises by strengthening governance, accountability, commercial sustainability and operational performance.

The reforms followed the repeal of the Kenya Airports Authority Act on Dec. 5, 2025, under the Government Owned Enterprises Act, 2025.

The change moves KAA from its previous statutory framework to a corporate structure governed by the Companies Act and the new state-owned enterprise framework.

The transition comes as KAA faces growing financial and investment pressures, with its net profit falling 41 per cent to KSh3.8 billion in the financial year ended June 2025.

The profit declined from KSh6.5 billion recorded in the previous financial year, with KAA also reporting a reduction in overall revenue and higher operating costs.

The authority has also faced financial pressure from outstanding debts owed by local airlines and legacy liabilities, including compensation awarded to Chinese contractors over the cancelled Greenfield Terminal project at Jomo Kenyatta International Airport.

📰 Source: Kenyans.co.ke