High fuel costs steer KQ into Sh4b losses

Kenya Airways CEO Sebastian Mikosz' (Left) and Chairman Michael Joseph (Right) during the launch of Kenya Airways direct flights to New York at Raddison Blue Hotel. [Edward Kiplimo/Standard]

National carrier Kenya Airways has posted a Sh4 billion net loss for the first six months of this year.

This was on the back of increased operational costs as the airline struggled to reverse its loss-making streak.