Kenya Airways cuts losses to Sh7.5b but future still on edgeKenya Airways Chairman Michael Joseph (L) and CEO Sebastian Mikosz when they appeared before the National Assembly Transport Committee over the JKIA sale at County Hall, Nairobi. “The 2018 results are not directly comparable with the 2017 results as it is a representation of 12 months against the nine months in 2017. Were the 2017 results to be annualised there would be have been improvement in the results for the year,” said KQ Chairman Michael Joseph when the airline released its results yesterday. Revenues grew to Sh114 billion in the year to December 2018 from Sh106 billion in 2017. SEE ALSO :Flights at JKIA grounded“Fuel price volatility remains a major challenge for airlines around the world, and Kenya Airways is no exception.

Source: Standard Digital April 30, 2019 21:05 UTC