Kenya Airways reports first operating profit in seven years
The airline, whose biggest shareholder is the Kenyan government, also said in a statement that its loss after tax had reduced to almost 23 billion shillings from more than 38 billion shillings the year before. Total revenue for the year surged by 53 per cent to 178 billion shillings, which the airline attributed mainly to a 35 per cent growth in passenger numbers to 5.04 million, according to its audited results statement.
The airline, whose biggest shareholder is the Kenyan government, also said in a statement that its loss after tax had reduced to almost 23 billion shillings from more than 38 billion shillings the year before. Total revenue for the year surged by 53 per cent to 178 billion shillings, which the airline attributed mainly to a 35 per cent growth in passenger numbers to 5.04 million, according to its audited results statement.
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