Kenya Airways sees revenue decline after protracted vote
Kenya Airways expects second-half revenue to decline after violence during the country’s protracted presidential elections scared off passengers, CE Sebastian Mikosz said. Travellers canceled bookings as a rerun of the vote and court disputes over the outcomes stretched over 3 months, Mikosz said Wednesday. The impasse triggered violence that left at least 80 people dead, according to human-rights groups. “We forecast a big impact in terms of revenue,” Mikosz said. “We are going to have a huge impact on the second half due to the fact that there were several weeks of uneasiness.” The drop in income comes as the carrier pursues a turnaround plan to return to profit after it posted a record loss last year <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-12-15/sky/kenya-airways-sees-revenue-decline-after-protracted-vote
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Kenya Airways sees revenue decline after protracted vote
Kenya Airways expects second-half revenue to decline after violence during the country’s protracted presidential elections scared off passengers, CE Sebastian Mikosz said. Travellers canceled bookings as a rerun of the vote and court disputes over the outcomes stretched over 3 months, Mikosz said Wednesday. The impasse triggered violence that left at least 80 people dead, according to human-rights groups. “We forecast a big impact in terms of revenue,” Mikosz said. “We are going to have a huge impact on the second half due to the fact that there were several weeks of uneasiness.” The drop in income comes as the carrier pursues a turnaround plan to return to profit after it posted a record loss last year <br/>