Increased Competition Forces Kenya Airways to Issue Profit Warning for 2019

Kenya Airways (KQ) on Wednesday announced that it anticipates more than 25 per cent lower earnings for the period ending December 31, 2019 when compared to 2018 citing increased competition in the industry. Michael Joseph, Chairman Kenya Airways says, “Although Kenya Airways realised improved revenue growth in the year, profitability was constrained by the increased … Continue reading Increased Competition Forces Kenya Airways to Issue Profit Warning for 2019