The Kenyan government will offer Kenya Airways’ creditors $750 million in guarantees to help the heavily-indebted and lossmaking airline raise additional capital to continue its recovery. The Ks24.56bn ($238 million) the government has lent the company since 2014 will be converted into equity, whi...
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EC DECISION ON AIR MALTA’S FUTURE TO BE MADE IN DECEMBER
By
Dino D'Amore
3rd August 2011