Kenya Airways Record Unremitted $28m In Forex Payments
Aug 29, 2022 ·
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Description
Kenya Airways Chief Executive Allan Kilavuka says the amount of money Kenya’s national airline is trying to repatriate from Ethiopia, Malawi and Nigeria is $28m. The airline says it is...
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Kenya Airways Chief Executive Allan Kilavuka says the amount of money Kenya’s national airline is trying to repatriate from Ethiopia, Malawi and Nigeria is $28m.
The airline says it is relying on diplomatic talks led by the Kenyan authorities for the funds in Ethiopia, Malawi and Nigeria to be released.
The International Air Transport Association says up to $1bn is owed to airlines across Africa, which poses yet another risk to the aviation industry already hit by the Covid-19 pandemic.
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The airline says it is relying on diplomatic talks led by the Kenyan authorities for the funds in Ethiopia, Malawi and Nigeria to be released.
The International Air Transport Association says up to $1bn is owed to airlines across Africa, which poses yet another risk to the aviation industry already hit by the Covid-19 pandemic.
Information
| Author | Africa Business Radio |
| Organization | Africa Business Radio |
| Website | - |
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