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KQ big gainer from Sh700m waiver for airlines, concessionaires

A Kenya Airways plane at the Jomo Kenyatta International Airport

A photo taken on November 5, 2022 shows Kenya Airways planes at the JKIA parking bay. KQ is among the biggest beneficiaries of a Sh700m waiver support for airlines and concessionaires by KAA.


Photo credit: Simon MAINA | AFP

National carrier Kenya Airways is among the biggest beneficiaries after the Kenya Airports Authority (KAA) granted Sh700m waiver support for airlines and concessionaires in the 2020/2021 financial year to help them recover from the effects of the economic disruptions linked to the Covid-19 pandemic.

The waivers came in form of airport parking fees and concession payments to prop recovery of the industry hit by low passenger numbers and traffic.