Kenya Airways Group optimistic investment initiatives are paying off

Kenya Airways Group stated (27-Aug-2019) it is optimistic that strategic investment initiatives implemented over the last two years under its turnaround programme "are progressively paying off". The carrier's chairman Michael Joseph noted losses decreased by more than 250% between 2014 and the end of 2018. Mr Joseph commented: "Despite the tough market environment, we are making positive strides which involve resource optimisation and the robust growth approach we have taken in this very competitive marketplace. Some of these investments may deny us, our shareholders and stakeholders the coveted bottom line numbers, but we have our eyes on the bigger picture". [more - original PR]