Kenya Airways has reported a net loss of Sh 3.8 Billion ($36.7 Million) for half year period ended 30th September representing a declined by 20.2% from a loss of Sh 4.7 Billion ($45.4 Million) posted in the same period last year.
According to reports by Red Pepper, the airline’s revenue was unchanged at Sh 54.5 Billion same as operating costs which were at Sh 53 Billion. Operating profit increased by 52.1% to Sh 1.4 Billion.
In the same period last year, pre-tax loss was at Sh 3.8 billion compared to a loss before tax of Sh 4.7 Billion. The airline’s cabin factor was up 5.4% to 76.9%, while the number of passengers grew by 3.3% to 2.3 million.
Last week, Nairobi Securities Exchange suspended trading on the airline’s shares for two weeks starting 15th November 2017 to facilitate the share split and simultaneous consolidation of the company’s shares which forms part of the Kenya Airways PLC capital transaction.
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Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.
Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.
Hi, I'm Lucy. Please how do I embark on my travel/ tour business. I am newbie and help..
Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.
Good location astounding but the staffs are rude and they make me wait so long for the service. They charge me more than what is on the website and did not refund me the manager is not helping with the issue
WoW. Amazing Review. 👍
I spent the holidays here, I don't know why but during the holidays their reception smells like a piss Id rather not spend my special occasions here
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