Kenya Airways (KQ)has announced the suspension of ticket sales in Malawi due to the challenge of repatriation of funds from the country.
The suspension will only affect reservations made in Malawi.
In a statement, the national carrier noted that it has throughout the year, actively engaged Malawi authorities to find a solution for the repatriation of significant amount of its blocked funds.
However, it said that it found it challenging to meet its operational costs and maintain the commercial viability of its operations in Malawi.
KQ noted that under the current difficult circumstances, and to mitigate against further losses moving forward, they were left with no other option but to suspend ticket sales in Malawi adding that failure to collect the funds could lead to KQ suspending its operations in Malawi.
Malawi has been facing acute shortages of foreign exchange currency forcing foreign traders to halt or suspend some of their operations in the country.
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