Kenya Airways seeks Ksh194B fresh capital injection to fund turnaround plan

Kenya Airways (KQ) requires approximately $1.5 billion (about Ksh194 billion) in fresh capital to fund its long-term turnaround strategy, Board Chairman Kiprono Kittony has said. Speaking during the airline’s 50th Annual General Meeting on Friday, Kittony said the capital injection… Kenya Airways (KQ) requires approximately $1.5 billion (about Ksh194 billion) in fresh capital to fund its long-term turnaround strategy, Board Chairman Kiprono Kittony has said. Speaking during the airline’s 50th Annual General Meeting on Friday, Kittony said the capital injection will position the national carrier to compete effectively in the evolving global aviation market and […] The post Kenya Airways seeks Ksh194B fresh capital injection to fund turnaround plan appeared first on KBC Digital.