Kenya Airways (KQ as IATA code) is seeking to finalize projects to raise approximately $500 million in additional capital to expand and enhance its fleet by the first quarter of next year, the airline announced on Tuesday, August 26. According to the company’s CEO, Allan Kilavuka, 33% of KQ’s wide-body aircraft have been grounded during...
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Kenya Airways aims to raise $500 million to strengthen its fleet
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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