KQ bailout cut further by Sh1bn

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Kenya Airways plane at the Jomo Kenyatta International Airport. FILE PHOTO | LUCY WANJIRU | NMG

Parliament has slashed a further Sh1 billion from the financial support to Kenya Airways (KQ), dealing the struggling national carrier a blow.

The Treasury had in the supplementary budget reduced the KQ’s State support by Sh10 billion to Sh20 billion as the exchequer begins unwinding bailouts to the company.

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