KQ has drawn down half of its Sh20bn Afrexim bank loan
What you need to know:
Mbuvi Ngunze told reporters the financing will allow the carrier to get on a firmer financial footing.
Loss-making Kenya Airways has drawn down half of a Sh20 billion ($200 million) bridging loan from Afrexim bank and expects the next tranche in two weeks, its chief executive said on Friday.
Mbuvi Ngunze told reporters the financing will allow the carrier to get on a firmer financial footing.
