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Kenya Airways posts KES 29.71 billion loss

21 July 2016, 11:20

Nairobi - Kenya Airways Ltd narrowed its pretax loss by 12.2 percent in the year to March, its chief executive said on Thursday.

The carrier, which is part-owned by Air France KLM, had posted a pretax loss of 29.71 billion shillings ($292.6 million) in the previous year, hurt by a slump in tourism and the cost of renewing its fleet.

- Reuters


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