Kenya Airways posts 1H net loss on fleet renewal, business challenges

Credit: Courtesy, Boeing
Nairobi-based Kenya Airways reported a net loss of KES10.45 billion ($115 million) for the six months ended Sept. 30, reversing a net profit of KES384 million ($4.2 million) during the same period in the previous financial year. Although revenue for the period was up 5% to KES56.8 billion, costs...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.