Airlines seek Sh10bn bailout to ride out Covid storm
Summary
Domestic air travel operators will require a Sh10 billion state bailout to cushion them from reduced bookings in the wake of business disruptions caused by Covid-19.
The operators have seen their revenues drastically tumble after President Uhuru Kenyatta mid last month banned movement into and out of Nairobi, Kajiado, Machakos, Kiambu, and Nakuru in a fresh bid to curb a spike in coronavirus infections.
Wednesday April 07 2021
By BONFACE OTIENO
Summary
Domestic air travel operators will require a Sh10 billion state bailout to cushion them from reduced bookings in the wake of business disruptions caused by Covid-19.