The troubled airline has recorded a Sh3.8 billion loss after tax for the six months period ending September 2017 against Sh4.8 billion in last year’s corresponding period. The green shoots of hope comes in the wake of a recovery plan to claw Kenya Airways from the troubles it has sank in. Recently, Nairobi Stock Exchange (NSE) suspended the trading of Kenya Airways’ Sh7.9 billion worth of shares to allow for restructuring of the ownership and allow the listing of additional shares. “Notice is hereby given on the suspension in trading of Kenya Airways PLC effective November 15, 2017 up to and including November 28, 2017. ALSO READ: Jamii Bora spared in Kenya Airways debt swap deal
Source: Standard Digital November 17, 2017 09:00 UTC