Kenya Airways posts $75m loss

Kenya Airways planes parked at the Jomo Kenyatta International Airport, Nairobi. PHOTO | REUTERS

National carrier Kenya Airways posted a Ksh7.55 billion ($74.59 million) net loss for year ended December 2018 as higher costs offset a jump in revenue.

The carrier's full-year results do not have a comparable period because KQ, as the airline is known by its international code, in 2017 changed its reporting period from ending in March 31 to now end in December 31.