Kenya Airways planes grounded in leasing fees fight

Kenya Airways CEO Allan Kilavuka.

Photo credit: File | Nation Media Group

Two aircraft leasing firms have rejected Kenya Airways’ #ticker:KQ proposals to reduce the cost of hiring their planes in a row that looks set to ground several planes as the airline proceeds with a restructuring.

Kenya Airways chief executive Allan Kilavuka said the two lessors were opposed to their new payment terms, a move that has seen them ground their planes at Jomo Kenyatta International Airport (JKIA) in Nairobi.

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