Former Kenya Airways Boss Titus Naikuny together with current CEO Mbuvi Nguze and other top managers may face questions over the huge losses faced by the Airline.
The National Treasury will probe critical investments backdating as far as 2009.
Naikuny who served for about 11 years, together with his board are being accused of leasing planes that were not being fully optimized and being in unfavourable agreement with a competitor, Air France KLM.
The senate committee tasked to investigate found the loss resulted from poor management, poor human resource policy, hefty Pilot salaries and wrong partnerships.
In an effort to come up with a turn around plan, National Treasury Cabinet Secretary Henry Rotich said "To avoid loss making, some decisions have to be made to rescue the airline,”
The plan which will be ready in two months, will include a major shake up that will affect different stakeholders and will cost about Sh 50 million.
Two foreign companies, Mckinsey and Seabury consultants have been hired to examine what went wrong and provide solutions.
Experts and external auditors have also been sent to launch full investigations into the status of the airline.
Investors have been pointing fingers at the airline's management faulting them on bad business models and heavy reliance on loans.
