I say... NO-ONE should be subsidized!
In Kenya, most firms that got subsidies were BLACK HOLES...
Look at KQ... It has been 'private' since the 90s... and (mostly) profitable unlike most of its counterparts in Africa including Air Zimbabwe, Air Tanzania, (old) Air Uganda... even South African Airways!
We have other black holes like KPC [Huge lawsuits], KPRL, etc!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett