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KQ sells two planes in bid to shore up its finances

A Kenya Airways plane at the Jomo Kenyatta International Airport (JKIA) in Nairobi. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Kenya Airways #ticker:KQ has sold two Boeing 737-700 airplanes, marking its latest efforts to reduce its fleet in a bid to shore up its financial position.

The sale is disclosed in a September regulatory filing by UK-based Air Partner, which arranged the transaction on behalf of the Nairobi Securities Exchange-listed national carrier.

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