KQ posts Sh25.7b loss as carrier flies into heady winds

411 views · Published 30 July 2015 · 2:20 · Indexed 25 October 2026

Channel: Daily Nation · 2015 · News & Politics

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Kenya Airways has reported one of the biggest loss in the region in the 2014/15 financial year ending March. The national flag carrier reported a Sh25.7 billion net loss attributed to stiff competition from Middle East carriers and slump in the tourism industry. The company had made a loss of Sh3.38 billion in 2014 and Sh7.86 billion loss the previous year.

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