Kenya Airways narrows pretax loss on the back of lower fuel costs

386 views · Published 12 November 2015 · 0:48 · Indexed 4 October 2026

Channel: CGTN Africa · 2015 · News & Politics

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Kenya Airways has made some financial headway as it moves to revamp its flagging business operations. The airline's pretax loss for the six months to September narrowed slightly to $116million, aided by lower fuel costs, which fell 37% during the period. The airline, in which the government holds a 29.8 percent stake, reported a pretax loss of more than $122 million in the same period last year.

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