Wednesday, May 30, 2007

Kenya Airways 2006/07 profit falls 15 pct

(Reuters) - Net profits at Kenya Airways fell 14.6 percent to 4.1 billion shillings last year because of high fuel prices and a strong local currency, the company said on Wednesday.

The airline, which lost a Boeing 737-800 in Cameroon in early May, when it crashed into a swamp and killed 114 people on board, said revenues rose 11.3 percent to 58.8 billion shillings in the year ended March 31 from 52.8 billion in the previous year.


Read more at Reuters Africa

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