Kenya Airways reported a loss of $290 million for 2022, more than double its losses from the year before. High fuel costs and a weakening Kenyan shilling were cited as reasons for the poor performance. Despite the government pouring money into the airline to keep it afloat, it has been running losses for 10 consecutive years. Revenue increased by 66 percent but remained five percent below pre-pandemic levels, while passenger traffic stood at 3.7 million, a 68 percent increase compared to 2021 but still lower than in 2019. Trading in the airline’s shares remains suspended as it tries to return to profitability.