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Kenya Airways Needs Bailout to Stay Afloat


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LONDON – Kenya Airways (KQ) CEO Allan Kilavuka said in an interview that the airline needs at least US$500m to survive the Coronavirus pandemic as first-half revenue for the airline plummeted almost 50%. The Kenyan flag carrier, which is already 49% state-owned, must be fully nationalized alongside Kenya Airports Authority, responsible for running the Nairobi […]

The post Kenya Airways Needs Bailout to Stay Afloat appeared first on Airways Magazine.

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