KQ blames higher fuel costs, tough political period for Sh6bn loss

A Kenya Airways Plane: KQ plans non-stop flights to Cape town and direct flights to Mauritius. FILE PHOTO | MARTIN MUKANGU | NMG

Kenya Airways (KQ) #ticker:KQ has posted a Sh6.1 billion net loss for the nine months to December as it announced a change in its financial calendar to sync with the calendar year.

The national carrier's management has attributed the loss position to higher fuel costs and the negative impact of a prolonged electioneering period.

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