NAIROBI, March 23 (Reuters) – Kenya Airways on Tuesday stated its pretax loss for final yr tripled to 36.57 billion shillings ($333.2 million) because the coronavirus disaster hit demand for journey.
The provider, which is a component owned by Air France KLM AIRF.PA, stated its income plunged by greater than half in the course of the interval, as lockdown measures lowered passengers.
Cargo volumes additionally went down in the course of the interval, because the provider grounded some flights, resulting in lowered stomach house.
The airline’s fundamental loss per share jumped to six.22 shillings in 2020 from 2.23 shillings within the prior yr, it stated.
($1 = 109.7500 Kenyan shillings)
(Reporting by Duncan Miriri; Enhancing by Tom Hogue)
((duncan.miriri@thomsonreuters.com; Tel: +254 20 4991239; Reuters Messaging: duncan.miriri.thomsonreuters.com@reuters.internet))
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