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Originally published by The Standard BusinessJune 15, 2026
4h ago
KQ to revive grounded jets as it seeks Sh194b in turnaround funds

The national carrier is also eyeing $1.5 billion (Sh194 billion) in fresh capital injection by March next year to fund its turnaround plans...
✨ Key Highlights
Kenya Airways (KQ) is seeking $1.5 billion (Sh194 billion) in turnaround funds and plans to revive three grounded Boeing aircraft by July 2026.
- The airline aims to secure the capital injection by March next year from investors, government support, and structured financing.
- The funds will address debt, liquidity pressures, operational challenges, and aircraft shortages.
- Kenya Airways Board Chairman Kiprono Kittony cited geopolitical issues and fuel price volatility as major risks impacting the airline, which posted a Sh17.2 billion pre-tax loss for the year 2025.
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