While the Bill to Sell KQ has Been tabled…
Kenya Airways has lost an estimated $100 million in revenue as a result of the coronavirus pandemic and related lockdowns, CEO Allan Kilavuka told reporters on Friday.
“We don’t have the full picture of how much we have lost but our estimate is since January to date we have probably lost in terms of revenue around about $100 million,” Kilavuka said.
“When we estimate till the end of the year we think we will lose probably between $400 and $500 million,” he said.
The coronavirus crisis has hit the global aviation industry hard, but Kenya Airways was struggling long before the outbreak.