Thursday, September 05, 2013

Precision Air, a Kenya Airways subsidiary, makes a record loss

http://www.businessdailyafrica.com/KQ+s+subsidiary+eyes+turnaround+after+record+loss/-/539552/1981302/-/item/1/-/nuh6asz/-/index.html

Wow, things are going bad to worse for KQ as its Tanzanian subsidiary [KQ owns 41.2%] makes a record loss of around TZS 30,400,000,000 [KES 1,650,000,000 or USD 19,000,000] for 2012-13.

http://wolfganghthome.wordpress.com/2013/09/05/aviation-observers-stunned-by-level-of-precision-air-losses/

Crazy!


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