Kenya Airways (KQ) has sunk deeper into the red, reporting a net loss of Sh8.5 billion in the first half of this year, up from Sh3.9 billion in the same period last year.
The troubled national carrier, which has now shifted its focus to a
KQ Chairman Micheal Joseph said at a press briefing in Nairobi
“These are investments we have taken seriously as a business for purposes of sweating the assets,” he said. The new accounting standards saw the airline bring the cost of
On the joint venture with KLM and Air France, the management said