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Kenya Airways Posts First Profit in 11 Years as Debt Takeover Eases Burden

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Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Government debt takeover and stronger shilling propel KQ to profitability
  • Airline’s improved performance expected to attract strategic investors by year-end

Nairobi, Kenya – Kenya Airways (KQ) has recorded its first net profit in over a decade, buoyed by a stronger shilling and government intervention through a significant debt takeover.

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