Home Business Kenya Airways reports worst ever loss at Sh36.2bn

Kenya Airways reports worst ever loss at Sh36.2bn

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Nation | by Paul Wafula


Kenya Airways has sunk deeper into the red after it reported a Sh36.2 billion loss for the year ended December 2020, the biggest loss in the airline’s history.

Its revenue shrunk by nearly 60 per cent to Sh52.8 billion as the Covid-19 pandemic took a toll on the national carrier. Its passenger numbers dipped by 65.7 per cent to 1.8 million in the year under review. This saw its customer revenue shrink from Sh103.6 billion to Sh33.7 billion…

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