Kenya Airways freezes sale of assets, steps up growing airline tickets

Kenya Airways CEO Sebastian Mikosz at a past event. (File, Standard)

Kenya Airways has frozen the sale of its assets and will instead focus on growing sale of airline tickets to generate enough cash to meet its obligations.

Disposal of some of its assets had formed part of its recovery plan, which was in addition to the restructuring concluded last year and which reduced the stock of debt as creditors converted loans into equity.