Aviation: East African Carrier, Kenya Airways owes $37.5m in airport charges to Airports Authority

Valentine kenya Airways Ruto

Struggling East African Carrier, Kenya Airways, the national carrier of the country, is heavily indebted to Kenya Airports Authority (KAA) to about 4.62 billion shillings ($37.5 million) as of June 30, 2022, up by 377.55 million shillings in the previous year, reports say.

According to northafricapost.com, the outstanding according to the Airports Authority account for 40% of the 11.64 billion shillings owed by other enterprises and airlines operating in facilities.

READ: Africa: Kenya’s government to sell its entire stake in Kenya Airways, as President Ruto meets with Delta Air

Kenya Air Freight Handling Limited, a subsidiary company of KQ, also owes nearly 570 million shillings to the authority. KAA charges airlines for landing, take-off, noise, emissions, parking and use of passenger facilities.

KQ has been bailed out by the government since the COVID-19 pandemic, with the airline reporting a loss of 9.8 billion shillings in August 2022 compared with a loss of 11.48 billion shillings a year earlier.

 

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