Kenya Airways posted a net loss of KSh26 billion ($252 million) for the 2015-16 financial year to March 31, virtually identical to last year’s loss of KSh25.7 billion, which was the largest loss in Kenyan corporate history. Since then, the airline has been engaged in a turnaround process that has involved redundancies and shedding of capacity to both US and Middle East carriers, as well as the sale of a lucrative slot at London Heathrow airport. Chairman Dennis Awori said that Kenya ...

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