Why Kenya Airways remains in turbulence despite posting profit

Kenya Airways planes at JKIA

KQ planes on the taxi bay at Jomo Kenyatta International Airport. 

Photo credit: File | Nation Media Group

Kenya Airways (KQ) remains in turbulent waters as its search for a new strategic equity investor drags on, missing set mid-year deadlines.

The national carrier needs a new strategic investor to complete its ambitious restructuring under a project dubbed Kifaru, which primarily seeks to deleverage the business, infuse external aviation best practices and diversify the business.

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