Kenya Airways (KQ) net loss has nearly tripled to Sh36.2 billion, the worst ever in the history of the airline, on account of Covid-19 disruptions that led to a sharp decline in passenger numbers.
The loss, for the financial year ended December 2020, is 2.8 times more than the Sh12.98 billion net loss it had posted a year earlier, and now deals a major blow to the recovery efforts of the national carrier.
