Considering evidence of business revival and MPs’ approval of a KSh20 billion bailout, Kenya Airways or KQ has reversed salary cutbacks. After the Kenya Treasury delayed…
Browsing: bailout
South Africa has almost doubled its funding for the national airline to 16.4 billion rand ($1.1 billion), cash which will go towards supporting a restructuring plan…
In light of a poor financial outlook at South African Airways (SAA), including lack of cash for flight operations, the airline has addressed reports of impending…