Kenya Airways has reported a loss for the first six months of the year.
The airline reported 14 per cent drop to Sh9.9 billion from Sh11.5 billion in the same period last year.
KQ attributed the loss to high fuel cost that saw the airline spend Sh11 billion during the period under review.
This then pushed total operational costs to a five year high of Sh57 billion compared to Sh56 billion in 2017.
During the briefing on Wednesday, the airline said operations were positively impacted by spent-up demand and the removal of travel restrictions.
This, they said, resulted in a strong and sustained recovery in trading performance compared to a similar period in the prior year.
KQ uplifted a total of 1.61 million passengers during the period, an 85% improvement compared to the prior year's 0.87 million passengers.
More to follow
