Kenya Airways Reports Massive Losses for FY 2022, Plans to End State Support by End of 2023
Kenya Airways (KQ) has released its full-year financial results for the year ending Dec. 31, 2022, reporting a massive loss of Ksh 68.2 billion ($633 million) at a virtual investor briefing. The loss was attributed to the pandemic-induced decline in air travel and the resulting reduction in demand for KQ’s services. Despite the losses, the […]
