Nairobi, March 25 -- Kenya Airways has defended the continued suspension of its shares from the Nairobi Securities Exchange (NSE) and other bourses, arguing that the move was to enable the company to complete its operational and corporate restructure process.

The national carrier is also cross-listed on the Dar es Salaam Stock Exchange and Uganda Securities Exchange.

While arguing that the reason that led to its suspension of trading of its shares in July 2020 still exists, the airline added that the move was meant to protect the interest of shareholders, especially the minority ones.

The national carrier said in an appeal pending before the Capital Markets Tribunal that the airline is still engaging potential strategic and financial i...