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Kenya Airways receives $92 million from government

Kenya Airways receives $92 million from government

KENYA Airways has received 10 billion shillings ($91.49 million) from the government as part of efforts to prop up the carrier after the pandemic grounded global aviation, the Business Daily newspaper has reported,. The airline, which is majority owned by the government with Air France-KLM holding a small stake, secured 8 billion Kenyan shillings from the Treasury and 2 billion shillings from the ministry of transport, the paper reported, citing a supplementary budget presented to parliament on Tuesday. Kenya Airways declined to comment on the report, which did not say when the airline had received the funds. African airlines have…
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