Kenya Airways has stated that three African countries withhold $28 million of the airline's revenue. Nigeria, Malawi, and Ethiopia are the states it lists. The withheld funds limit the airline's cash flow, making it challenging to operate amid rising operating costs. The airline has demanded that the foreign states release these funds to it so that it may avoid any flight disruptions due to the lack of cash flow. Kenya Airways is one of many airlines whose funds are being withheld by the state of Nigeria. Earlier this year, the nation claimed it was withholding more than $450 million in revenue from foreign airlines. Several airlines have taken legal action against the government.
Read More Here: Kenya Airways Says $28 Million Of Revenue Is Tied Up In Other Countries | SimpleFlying.com
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