KQ taps US firm Seabury to guide restructuring

Kenya Airways planes at the Jomo Kenyatta International Airport. FILE PHOTO | NMG

Troubled Kenya Airways #ticker:KQ  has tapped US-based consultant Seabury Group to advise it on financial restructuring and a revival plan amid a government-backed bailout.

“They will assist with the restructuring as part of the financial support from the National Treasury,” Kenya Airways chairman Michael Joseph said while confirming the deal.

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