Embraer News

Kenya to convert $243M debt in Kenya Airways into equity

Kenya to convert $243M debt in Kenya Airways into equity

Kenya will convert its $243 million in loans to Kenya Airways into equity, the government has said, as part of a broader restructuring to nurse the ailing airline back to financial health.

Air Nigeria plane

Nigeria's AMCON to sell Air Nigeria assets

The Asset Management Corporation of Nigeria (AMCON) has announced that it will sell three Boeing and Embraer planes, along with other assets, belonging to Air Nigeria.