Airline

Kenya Airways reveals fuel hedging losses

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Kenya Airways reveals fuel hedging losses

Kenya Airways has revealed it has lost Sh4.1 billion to oil hedging contracts in the year ending March 2016. It lost Sh7.4 billion in the previous year while it made Sh942 million, Sh602 million and Sh2.5 billion gains in 2014, 2013 and 2012 respectively. Overall, the airline has made a Sh7 billion ...

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