03-Jun-2011 3:59 PM
Kenya Airways reports strong FY2011 result
Analysis
Kenya Airways FY2011 operating result jumped 216% year-on-year, as the carrier reported an operating profit of USD67 million and a net result of USD40.7 million. It anticipates strong traffic demand in 2011, although pressure on yields due to escalating fuel prices is expected. The airline will therefore continue opening new routes on a selective basis.
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