Nairobi, March 28 -- Kenya Airways (KQ) has reported its tenth consecutive loss after it completed a decade in the red territory with a record Sh38.26 billion full-year loss, hurt by debt and skyrocketing fuel prices.

The national carrier on Monday highlighted the scale of the turnaround task ahead when it broke its own record for the country's biggest loss from a listed company.

The airline more than doubled its loss from Sh15.87 billion to Sh38.26 billion for the financial year ended December 2022.

The airline has been in the hands of four different CEOs in the last 10 years as the strategy shifted from expanding fleet size to narrowing it down as the accumulated losses hit Sh172.68 billion amid State bailouts.

Now the current CEO A...