KQ gets out of insolvency as it reports Sh6bn loss

National carrier Kenya Airways’ #ticker:KQ shareholder value has moved into positive territory riding on last year’s balance sheet restructuring that reduced its annual debt payment obligations, leaving room to revamp its operations.

KQ’s equity position stood at Sh417 million in the nine months between April and December 2017 compared to negative Sh45 billion in the year to March 2017, according to a financial report that was released on Wednesday.