Cabinet Approves Ksh45.4B for Kenya Airways Recovery
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4 Articles
Cabinet Approves Ksh45.4B for Kenya Airways Recovery
Kenya Airways is set to receive Ksh 45.4 billion in government financing to meet urgent operational costs, including aircraft maintenance and the return of grounded planes to service, following a Cabinet decision announced on Friday, October 9, 2026. The funding is part of the government’s efforts to stabilise the national carrier as it works towards […]
Cabinet Approves Sh45.44 Billion Financing for Kenya Airways Turnaround
The Cabinet has approved Sh45.44 billion ($350 million) in shareholder financing for Kenya Airways to help the national carrier meet urgent financial obligations, maintain aircraft and return grounded planes to service. In a dispatch following a Cabinet meeting chaired by President William Ruto at State House on Friday, the government said the funds would be [...]
Cabinet approves Ksh 45B to help Kenya Airways reinstate grounded aircrafts
The government will inject fresh capital to the tune of Ksh 45.2 billion into Kenya Airways as part of efforts to turn around the flag carrier. The new shareholder financing is expected to help the airline meet urgent financial obligations including aircraft maintenance which will help return grounded aircrafts back to service. The approval made […]
Cabinet Approves KSh45.4 Billion Financing For Kenya Airways
The Kenya Times ~ Trending, Breaking News and Videos Cabinet Approves KSh45.4 Billion Financing for Kenya Airways The Cabinet has approved US$350 million (approximately KSh45.4 billion) in shareholder financing for Kenya Airways as the national carrier seeks to stabilize its finances and return grounded aircraft to service. The approval was made on Friday, October 9, 2026, after a Cabinet meeting at State House, paving the way for new funding to…
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