Kenya Airways' 787 Dreamliner arrives at JFK. (Photo: AirlineGeeks | Tom Pallini)

Kenya Airways Needs $500 Million State Aid Package to Remain Airborne

Kenya Airways PLC is seeking $500 million from the Kenyan government to navigate the COVID-19 crisis after its first-half revenue plunged by 50%, per Group's CEO Allan Kilavuka as reported by Bloomberg. The airline is on the verge of nationalization, a process that is believed will put it on a level playing field with its closest, and regional, rival Ethiopian. “If we don’t restructure the airline, and take the airline as is into this organization, then we are doing a…