KQ suffers pre-tax loss of Sh12.5b on back of travel advisories

Kenya: A combination of travel advisories by European countries and cancellation of flights to West African Ebola hit routes and high fleet costs have eaten into Kenya Airways’ fortunes over the last six months.

According to unaudited results for the period ended September 30, 2014, the national carrier made a pre-tax loss of Sh12.5 billion from a pre-tax profit of Sh548 million made over a similar period last year.