Kenya Airways losses deepen on weaker shillingTue, 29 Aug 2023 15:57:12 GMT
Kenya’s struggling national carrier Kenya Airways on Tuesday reported a surge in losses in the first half of the financial year due to increased foreign exchange and borrowing costs. The airline, which is part owned by Air France-KLM, is labouring under a mountain of debt and has been running losses for years despite numerous government bailouts. Pre-tax …
Kenya Airways losses deepen on weaker shillingTue, 29 Aug 2023 15:57:12 GMT Read More »