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Kenyan government lends $49.5 million to cash-strapped Kenya Airways

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Logistics Update Africa
Kenyan government lends $49.5 million to cash-strapped Kenya Airways

Kenyan government has granted a loan of 5 billion shillings ($49.5 million) to Kenya Airways (KQ), to facilitate the scheduled engine overhaul programmes on its E190 Embraer fleet. The cash injection will cater to the overhaul of 11 Embraer engines which is required every eight years in order to uphold the highest levels of safety and maintain reliability and planned network schedules.

 

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