KAA shelves key projects as sources of revenue dry up

KAA managing director Alex Gitari. FILE PHOTO | NMG

The Kenya Airports Authority (KAA) has suspended some of its capital expenditure projects that had been slated for this financial year as the agency seeks to cut costs in the wake of Covid-19 that has impacted negatively on its income.

KAA managing director Alex Gitari said the agency is now working on cutting costs in the wake of reduced operations that have significantly eaten into their revenues. Speaking during a webinar session organised by the Airports Council International (ACI), Mr Gitari said they need to maintain the funds that they have at the moment, which can push them for the next six months before they seek government support.

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