Kenya Airways reports $252 million loss for FY2015-16

Credit: Rob Finlayson
Kenya Airways posted a net loss of KSh26 billion ($252 million) for the 2015-16 financial year to March 31, virtually identical to last year’s loss of KSh25.7 billion, which was the largest loss in Kenyan corporate history. Since then, the airline has been engaged in a turnaround process that has...

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