Kenya Airways planes are seen parked during a pilots strike organised by Kenya Airline Pilots Association (KALPA) at the Jomo Kenyatta International Airport, Nairobi, on April 28, 2016. Bad weather has disrupted flights at the airport. PHOTO | REUTERS
National carrier Kenya Airways narrowed its net losses by 28.8 per cent to Ksh4 billion ($40 million) in the half year ended June, but the improved performance was not enough to stop the airline from sinking back into negative capital position.
The national carrier’s cost-cutting measures paid dividends as “other costs” dropped 41.3 per cent to Ksh2.9 billion ($29 million) while revenue rose 3.1 per cent to Ksh52.1 billion ($517 million) in the six months.
