Kenya Airways’ losses double in H1 2019 results

Kenya Airways has revealed its posted a pretax loss of 8.56 billion Kenyan shillings ($82.95 million) during the first half of 2019, compared with a loss of 3.99 billion shillings in the same period last year. The airline recorded a 12.2% increase in revenue for the six months period ended June 30, 2019 attributed to the positive performance of recently introduced routes, in line with the airline’s network expansion strategy. Its expansion strategy includes investment in new strategic routes such as New York, Mauritius, Libreville, Mogadishu, Rome, Geneva and Malindi delivered a 6.6% increase in passenger numbers during the period