Kenya Airways Hit By Billions in Losses

Kenya Airways has posted a huge loss of Sh4.8 billion after tax for the first half of the year. This has been attributed to the Eurozone crisis and a stronger shilling which has also affected it's shares at the Nairobi Stock Market.

  • Kenya:  Kenya Airways Posts Major Half-Year Loss

    The Star, 7 November 2012

    KENYA Airways has been hit hard by Eurozone crisis and a stronger shilling to post a net loss of Sh4.8 billion for first half of the year compared to a profit of Sh2.03 billion ... read more »

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  • Kenya:  Govt Defends Sacking of Airline Staff

    The Star, 7 November 2012

    THE government has defended the sacking of 600 Kenya Airways employees. Finance PS said the the sackings were necessary for the airline to "maximise on the taxpayer's investments". read more »

Photo: Capital FM

Kenya Airways

  • Kenya:  Fastjet Ticket Sale Starts Next Week Ahead of Launch

    The Star, 7 November 2012

    THE first regional low cost carrier FastJet will start selling tickets from next week, ahead of its planned launch later in the month. read more »

  • Kenya:  Kenya Airways Makes a 6.5 Billion Shilings Loss

    The Star, 6 November 2012

    Kenya Airways has reported a 6.5 billion shillings loss in its half year results, for the six months ended September this year, compared to a profit of 2.8 billion shillings profit ... read more »

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