Global Trade Alert
Global Trade Alert

Kenya: Kenya Airways to receive KES 20 billion from the government

Announcement

31 Mar 2022

In March 2022, Kenya Airways secured KES 20 billion (approximately USD 160 million) bailout funding from the government. 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2022

Revocation date:

No revocation date

Updated: 31 Mar 2022
Equity stake In force
On 31 March 2022, the Kenyan Parliament approved the disbursement of KES 20 billion (around USD 160 million) for the bailout of Kenya Airways given the company's net loss in 2021 resulting, among othe...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.