Nairobi, Aug. 26 -- An investor has offered to give Kenya Airways (KQ) airplanes in exchange for a stake in the national carrier as it seeks a fresh capital injection to fund its turnaround plan.

The undisclosed investor is among at least four firms that have expressed interest in investing in the troubled airline, acting chief executive George Kamal told the Business Daily in an interview.

The national carrier is counting on fresh capital, whether in kind or cash, to expand its fleet, restore its capacity, and grow its network in an effort to turn profitable.

Mr Kamal said other investors were keen on buying a stake in the airline, with another seeking to loan Kenya Airways billions of shillings for the turnaround.

Kenya Airways will...