Saturday June 22 2024
The injection of additional capital forms the second phase of the company’s turnaround plan.
Kenya Airways has ruled out the sale of shares to a strategic investor as part of its recovery plan, even as the Kenya government — which owns majority stake (48.9 percent) in the national carrier — mulls surrendering its entire shareholding to a deep-pocketed investor to turn around the company’s fortunes through injection of new capital…