Direct US flights struggle as KQ posts Sh7.55 bn loss

Kenya Airways posted a Sh7.55 billion net loss for the year ended December 2018 as higher costs offset a jump in revenue, even as the carrier’s management admitted that the new much touted US route is ‘difficult’.

The airline’s chief executive Sebastian Mikosz said Tuesday that while the Nairobi-New York route is crucial for the national carrier’s growth and positioning in the region, it would not form KQ’s bread and butter or financial lifeline.