Kenya Airways posts unexpected fiscal year loss on hedging charges

Kenya Airways posted a KES4 billion ($49.2 million) loss for its fiscal year ended March 31, reversed from a KES3.87 billion profit in the prior year and the first annual deficit it has endured since its privatization in 1996.

Link to the original site

Similar Posts:

• ANA posts $284 million fiscal-year profit, faces ‘uncertain outlook’
• Kenya Airways fiscal-year profit jumps 74%
• British Airways fiscal year loss widens to £475 million
• Ryanair cites snow, strikes for €10.3 million third-quarter net loss
• BA plunges to £102 million loss, announces 1,200 new job cuts

Be Sociable, Share!

•