Kenya Airways achieves a profit of Ksh.513 million following years of difficulty

Kenya Airways achieves a profit of Ksh.513 million following years of difficulty

Kenya Airways, the national carrier, ended a ten-year losing trend with a Ksh.513 million half-year profit.
Allan Kilavuka, the CEO of Kenyan Airways, claims that the company’s earnings is dependent on both the state’s restructuring of its debts and its decreased exposure to swings in foreign exchange.
The airline reported a deficit of Ksh.21.7 billion during the same period last year, but the growth indicates a 102% recovery.