Kenya Airways' fiscal-year profit drops owing to political violence

Kenya Airways reported a net profit for its fiscal year ended March 31 of KES3.87 billion ($60.7 million), down 5.6% from KES4.1 billion earned in the prior year, a drop it attributed to political violence in the country during the final quarter following a disputed election in late December. The airline's board said in a statement that it was pleased the profit decline was "marginal" given the temporary reduction in service, including suspending flights on its successful Nairobi-Paris ...