Tom Enders asked a question this month – is EADS a public company or is it a state-run operation?
11th October 2012
Kenya Airways is reported to have selected financial advisers Seabury Securities to help the airline evaluate options to restructure its debt. The airline, which is 48.9% owned by the state, is reported to be facing mounting debts and depressed passenger demand amid pandemic-related travel restrictions. The airline’s debt totalled 92.5 billion shillings ($847 million) at the end of 2020.
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Kenya