Kenya Airways Posts the Country's Biggest Ever Corporate Loss
Jul 30, 2015, 06:34 PM
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.