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Kenya Airways reports Sh36.2 billion loss

Kenya Airways CEO Allan Kilavuka (File, Standard)

NAIROBI, KENYA: The Kenya Airways has made Sh36.6 billion after tax loss for the financial year ending December 2020 compared to Sh12.9 billion loss in 2019. The loss is attributed to the impact of Covid-19 pandemic.

The loss exceeds the amount of money allocated to six counties combined in the Financial Year 2019/2020.  Baringo, Bomet, Bungoma, Busia, Elgeyo Marakwet, and Embu received Sh5.1 billion, Sh5.5 billion, Sh8.9billion, Sh6.0billion, Sh3.9billion, Sh4.3 billion respectively totalling to Sh33.7 billion.

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