Kenya Airways Boeing 787
Kenya Airways more than halved its losses for the financial year ended March 31, compared to the preceding 12 months. The East African carrier recorded a post-tax loss of KES3.38 billion ($38.6 million), compared to KES7.86 billion in the year-ago period. Various other financial adjustments, including a gain made on hedged fuel contracts, gave a “total comprehensive loss” of KES2.98 billion, compared to KES5.28 billion in 2012-13. Turnover was up KES7.1 billion at KES106 billion. ...
Subscribe to Access this Entire Article
"Kenya Airways narrows losses in a difficult financial year" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.