Kenya Airways aims to double fleet over five years on its way to profit
Carrier restructuring its aircraft leasing agreements and its other debts to free up cash for investment in new planes
10 June 2019 - 16:24
Nairobi — Kenya Airways plans to double its fleet over the next five years, its chairman said on Monday, as the unprofitable carrier combats regional rivals like Ethiopian Airways.
The Kenyan airline, which is 48.9% government-owned and 7.8% by Air France-KLM, restructured $2bn in debt in 2017 and is opening new routes as it seeks to return to profit...
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