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Kenya Airways Board Chairman Kiprono Kittony says the airline decided to slow down acquisition plans for new aircraft due to geopolitical issues. [File, Standard]
Kenya Airways (KQ) will start reviving three grounded Boeing aircraft in July 2026. The national carrier is also eyeing $1.5 billion (Sh194 billion) in fresh capital injection by March next year to fund its turnaround plans.
It expects the funding to come from investors, government support and structured financing arrangements.
Kenya Airways Board Chairman Kiprono Kittony said on Friday during the airline’s 50th Annual General Meeting that the carrier plans to release an investment memorandum.
