Kenya Airways Posts the Country's Biggest Ever Corporate Loss

It is the airline that sells itself as "The Pride Of Africa". These days, though, Kenya Airways is anything but. It has just announced record losses of more than $290m. A spate of terrorist attacks has led to a slump in tourism in Kenya. The airline is also facing competition from Gulf airlines. We talked to Aly Khan Satchu, a Nairobi-based financial analyst to get his reaction.