Kenya Airways Seeks State Takeover of Government-Guaranteed Debt

Kenya Airways Seeks State Takeover of Government-Guaranteed Debt

Kenya Airways Plc ‘s head said the government should step in to repay $750 million of state-guaranteed debt to help the East African carrier emerge from the Covid-19 crisis that has battered the industry. The airline is scheduled to resume repayments of the sovereign-backed debt next month, following a moratorium negotiated with lenders following the […]