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Kenya Airways posts KSh 16.1 billion half-year loss

  • | Citizen TV
    3,753 views
    Duration: 4:11
    National carrier Kenya Airways has sunk deeper into losses after posting a 16.1 billion shilling loss in the first half of the year. According to the airline’s management, the loss was driven by high fuel costs, which surged by 66 percent amid geopolitical tensions and conflict in the Middle East. Ongoing global supply chain disruptions also constrained the airline’s performance, with delays in the availability of aircraft components further affecting operations. Kenya Airways says the challenges exerted sustained pressure on its profit margins. Jimmy Mbogoh has more on the airline’s dismal performance in the first half of the year.