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PREMIUM How soaring dream became a financial nightmare for Kenya Airways decades later Weekly Review Just now

PREMIUM How soaring dream became a financial nightmare for Kenya Airways decades later Weekly Review Just now

By GhanaSummary NewsroomKenya

The Sh16 billion loss is blamed on expensive fuel, the Middle East conflict, grounded aircraft and a shortage of spare parts.66 billion pre-tax loss when its fuel hedge turned against it as oil prices collapsed.

The Sh16 billion half-year loss is merely the latest smoke from that fire.

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