KQ big gainer from Sh700m waiver for airlines, concessionaires
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.
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.