The Kenyan government serviced guaranteed debt of KES17.4 billion shilling (USD135 million) on behalf of Kenya Airways (KQ, Nairobi Jomo Kenyatta) in the third quarter of the 2023/24 financial year ending March 2024, according to the National Treasury.

The payments comprised KES14.3 billion (USD110.8 million) in principal payment and KES3.1 billion (UDS24 million) in interest, as recorded in the May 2024 edition of the National Treasury’s third quarter economic and budgetary review.

As of March 31,…

Source: ch aviation
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