This week’s issue of The EastAfrican has a story about the three East African national carriers sinking into deeper financial troubles, with seemingly no light at the end of tunnel for them to make profits any time soon.
To start with, Kenya Airways reported its ninth consecutive half-year loss of Sh9.9 billion, even though that is a slight improvement compared to the same period last year where it made a loss of Sh.11.49 billion.