Tag: Airline Losses

Kenya Airways secures $350 million in government-backed financing

Kenya Airways $350 million financing has won Cabinet approval as the carrier seeks to fund aircraft maintenance and restore grounded planes.

Timilehin Adejumobi Timilehin Adejumobi

Kenya Airways acting CEO quits after airline reports $124 million loss

Kenya Airways acting CEO resigns after the airline posts a $124 million first-half loss, with Habil Waswani named interim chief.

Timilehin Adejumobi Timilehin Adejumobi