National carrier Kenya Airways (KQ) took on an additional Sh11.3 billion in debt in the half-year ended June, pointing to a drawdown of part of the bailout funds promised to the airline by the government.
KQ has been receiving new loans from the government in tranches since 2020 when it needed support to see it through the grounding of its fleet following the ban on international flights as Kenya and other nations raced to curb the spread of Covid-19.
