Kenya Airways’ debt to Kenya Airports Authority increases to Sh4.6 billion
Kenya Airways (KQ) owes Kenya Airports Authority (KAA) Sh4.62 billion, revealing an increase of the airport use debt by Sh377.55 million in the last year.
Auditor General Nancy Gathungu in a report for the year ended June 2021 says the sum due has increased by Sh377.55 million from Sh4.24 billion as of June 30, 2022.
The amount constitutes 40 per cent of the Sh11.64 billion that the State airports custodian is owed by other enterprises and airlines that operate in facilities such as Jomo Kenyatta International Airport, Moi International Airport and Kisumu International Airport.
“An amount of Sh570 million is also owed by Kenya AirFreight Handling Limited, a subsidiary company of Kenya Airways Limited,” said Ms Gathungu in the report.
The KAA charges airlines for, among others, landing, take-off, noise, emissions, parking, and use of passenger facilities.
