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Kenya Airways to restart hedging to counter oil price volatility

Kenya Airways Chief Executive Sebastian Mikosz 

NAIROBI, KENYA: Kenya Airways’ immediate biggest challenge is oil price volatility, and the airline will restart price hedging, its chief executive officer said on Friday.

“The volatility of the oil price has been really tremendous. Addressing this is of utmost concern,” Sebastian Mikosz told a news conference after the company’s annual meeting.

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