Kenya Airways posts a pretax loss of 12.5 bln shillings in H1 - CNBC Africa

Kenya Airways posts a pretax loss of 12.5 bln shillings in H1

East Africa

by Reuters 0

Kenya Airways. PHOTO: denisnzioka

This comes from a profit of 548 million shillings a year ago, its finance director said on Thursday.

(READ MORE: Defiant Kenya Airways to continue flying to West Africa)

The carrier, which is part-owned by Air-France KLM, blamed lower passenger yields during the period and higher fleet costs for the loss.

(READ MORE: Kenya Airways to receive Boeing 777-300ER)

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