Kenya Airways Pushes Ahead With Restructuring
Credit: Kenya Airways
PARIS–Kenya Airways is pushing ahead with a restructuring plan under which KLM's stake in that airline would drop. The Dutch airline's stake in the African carrier would become diluted as banks convert their debt into equity. Under the plan, KLM would consider investing up to €25 million ($28.90...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
