Jambojet losses deepen on delayed delivery of planes

Kenya Airways Chief Executive Officer, Sebastian Mikosz is confident that 2018 will be much better for Jambojet. [Photo: Wilberforce Okwiri/ Standard]

Budget airline Jambojet slid deeper into losses last year owing to delays in delivery of some aircraft that it had ordered.

This slowed down its expansion plans in both the local and regional markets, despite the huge investments made in growing its existing routes and developing new ones.