Africa Aviation Finance Kenya Travel

Kenya Airways sees drop in revenues of between KSh 60 and 70B for 2020

Kenya Airways expects to see a drop in revenues of between 60 billion Kenyan shillings (US$555.30M) and KSh 70B for full year 2020, its chief executive said on Friday, after posting a wider first-half pretax loss.

“In terms of projected revenue for up to the end o the year, we see that we will have a decline of about between 60 and 70 billion shillings, probably more, depending on how the uptake in demand is,” Allan Kilavuka told an online investor briefing.

Also read: Kenya becomes the first country globally to get the “Safer Tourism Seal”

Source: Reuters

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