Kenya Airways Issues Profit Warning; Cites Competition, Reporting Rules

Victoria Moores December 19, 2019
aircraft
Kenya Airways Embraer 190
Credit: Rob Finlayson
Nairobi-based Kenya Airways has warned that its full-year earnings are expected to drop by more than a quarter because of financial reporting changes, tough competition and lower yields. “Earnings for the current financial year [ending Dec. 31, 2019] are expected to be lower by at least 25% than the...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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