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Kenya Airways gets Sh4.2b Treasury bailout

NAIROBI: National carrier, Kenya Airways, has gotten a critical lifeline after the Government gave it a Sh4.2 bilion loan to help run its operations.

“Kenya Airways is facing challenges because their revenues have gone down due to the Ebola epidemic and the slump in tourism, therefore the carrier has been given a loan of Sh4.2 billion through the supplementary estimates,” the statement to Parliament read in part.

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