The government of Kenya has pledged ongoing financial support to Kenya Airways (KQ, Nairobi Jomo Kenyatta) to implement its “Plan 2028” five-year recovery programme and enable it to meet its obligations for at least another year after the approval of its annual financial statements for the year ending December 31, 2023.

Consequently, the directors have prepared its financial statements on a “going concern basis”, according to the group’s 2023 annual report signed off on March 26, 2024, and seen by ch-aviation….

Source: ch aviation
Read more: Nairobi pledges ongoing financial support to Kenya Airways