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Luxair Interview

Kenya Airways mulls debt-to-equity deals to ease pain

Kenya Airways Boeing 777-300ER © Kenya Airways Kenya Airways Boeing 777-300ER

Kenya Airways (KQ, Nairobi Jomo Kenyatta) is considering debt-to-equity deals as one of the possible solutions to its ongoing financial woes. The revelation comes as the struggling carrier's financial standing worsened last week after it reported its fourth straight annual loss.

For the year ending March 31, 2016, Kenya Airways posted a net loss of USD262 million which it blamed on a ...

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ch-aviation interview: Martin Isler, VP and COO Luxair
ch-aviation interview: Martin Isler, VP and COO Luxair

Luxair is the national carrier of Luxembourg, a wealthy country in the heart of Europe that is known for its international financial market and as well as for being one of four cities hosting European Union institutions alongside Brussels, Frankfurt and Strasbourg. For many years, the carrier has focussed on operating with small capacity and high fares but has been forced to adapt its strategy...

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