Why Kenya Airways projects earnings to dip by more than 25%

Kenya Airways expects earnings to reduce by more than a quarter in what it attributes to the grounding of its three Boeing 787-7 Dreamliner.

“This has significantly impacted the Airline’s performance due to reduction in capacity and drop in passenger numbers,” says the Kenya Airways.

The airline says the Dreamliners contribute a third of revenue netted by its wide body aircrafts.

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