Nairobi, Aug. 28 -- Kenya Airways #ticker:KQ net loss for the six months ended June 2020 has widened by 67.3 percent to Sh14.33 billion on account of Covid-19 disruptions that led to grounding of flights.
The national carrier said Friday morning that the passenger numbers dropped by 55.5 percent to 1.1 million in contrast with 2.4 million over the same period last year, hurting revenues.
"Operations were severely impacted by the Covid-19 crisis resulting in depressed half year results," said KQ chairman Michael Joseph.
"The network activity from April to June was minimal due to travel restrictions and lockdowns effectively reducing operations to almost nil in connecting our home market to key cities."
The half-year loss is more than the...