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Kenya Airways posts Sh26b net loss

National carrier Kenya Airways has left shareholders empty-handed after it soaked in a net loss of Sh26.23 billion for the full year ended March 31, 2016.

The loss has widened by Sh482 million compared to the Sh25.74 million loss it delivered to investors in the previous financial period. The national carrier last registered a profit in 2012 when it made Sh1.66 billion.

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