How are Ethiopian Airlines doing so well and Kenya Airways is sinking? They always seem to get the latest, most expensive aircraft.
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PHOTO: Ethiopian Airlines Boeing 787 Dreamliner in the background.
Kenya Airways reported a net loss of USD 139 Million in the six months that run from April to September 2014. South African Airways incurred a net loss of USD 223 Million during its fiscal year which ended March 2014. Africa’s oldest airliner, Egypt Air, on the other hand registered net loss of USD 350 Million for the fiscal year that ended on June 2014.
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Gov’t subsidies.
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Wacha ishuke kidogo tu then buy in plenty