The national carrier is also eyeing $1.5 billion (Sh194 billion) in fresh capital injection by March next year to fund its turnaround plans.

KQ has lowered its fundraising target from $2 billion as it prepares to launch an international search for a strategic investor.

The national carrier is also eyeing $1.5 billion (Sh194 billion) in fresh capital injection by March next year to fund its turnaround plans.