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Kenya Airways Reveals Deep Financial Troubles


Kenya Airways released a report on its finances in the first half of 2019, which revealed that it ended the time period with more than double the loss it reported for same stretch of 2018. The company posted a pre-tax loss of approximately $83 million. In July, the Kenyan government began the process to renationalize the struggling company. It will take about two years to complete the transition.

mba’s STAR Fleet database shows that the airline’s active fleet includes 36 aircraft.

Source: Reuters

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