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Kenya Airways to sell up to 49 per cent of its shares in equity deal

The national carrier Kenya Airways has expressed optimism that it could seal a deal with an equity investor before the end of the year.

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KQ's see-sawing strategies keep investors waiting for turnaround

Finding a cure for the ailing Kenya Airways has proven to be a big problem for the government, with the airline gobbling up billions in bailouts without much sign of a recovery.

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Empty pockets: Big companies the new thorn in banks' flesh

Previously stable corporates are failing to honour loan obligations, with lenders forced to seize assets.

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Uganda Airlines negotiates turbulence as KQ, SAA merge to form Pan-African Airlines

Uganda AIrlines

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Uganda Airlines negotiates turbulence as KQ, SAA merge to form Pan-African Airlines

Uganda AIrlines

Qatar , Kenya , Dubai , Dubayy , United-arab-emirates , Tigray , Ethiopia , Entebbe , Wakiso , Uganda , Tanzania , South-africa

Kenya Airways in limbo amid delay of nationalisation Bill

Airline surviving on shareholder loans as revenues unable to sustain operations.

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Treasury to restructure Kenya Airways' debts, again

THE STANDARD
BUSINESS NEWS
Kenya Airways Cargo plane [Courtesy]
The government is set to restructure loans advanced to the national carrier Kenya Airways, yet again.
This could further increase the State’s shareholding in the airline while diluting other shareholders, including the consortium of banks whose loans were converted into equity in 2017.
KQ is in the process of being renationalised, with the National Aviation Management Bill now in Parliament, expected to give direction on how the process will be undertaken once it becomes law.
The acting Director General of Treasury’s Public Investments and Portfolio Management Directorate Stanley Kamau yesterday said the government was considering “restructuring the loans that KQ has, once again”.

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Treasury to restructure Kenya Airways' debts, again

Treasury to restructure Kenya Airways' debts, again
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

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