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Kenya Airways widens record net loss to $258.3 million

Kenya Airways announced a record net loss of $258.3 million (Ksh26.2 billion) in the year ended March, widening the Ksh25.7 billion (around $251 million) net loss the year before.

KQ, as the airline is popularly known, suffered from a Ksh9.7 billion ($96 million) foreign exchange loss and an acceleration of other costs including interest expenses.

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