The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Workers walk past a Kenya Airways Boeing Dreamliner 787-8 inside a hangar at their headquarters in Nairobi, Kenya June 27, 2018. REUTERS/Thomas Mukoya
Kenya Airways, which is being renationalised to save it from mounting debts, saw its first-half pretax loss more than double from a year earlier to Sh8.56 billion, its results statement showed on Tuesday.
Parliament voted in July to renationalise the loss-making airline, which is labouring under a mountain of debt and has had three changes of chief executive in the past five years as it struggles to compete with regional rivals.
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