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Kenya Airways cuts loss by 40pc on sales growth

Kenya Airways

Kenya Airways planes at the Jomo Kenyatta International Airport.

Photo credit: File | Nation Media Group
victorjuma_img

By  Victor Juma

What you need to know:

  • Kenya Airways posted an operating profit of Sh10.5 billion.
  • The company plunged into a net loss due to the additional costs.

Kenya Airways narrowed its net loss by 40.6 per cent to Sh22.6 billion in the year ended December, helped by a surge in revenues.

The company had made a net loss of Sh38.2 billion the year before.

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