Kenya Airways Posts First Profit in Over a Decade
On Monday, Kenya Airways announced its financial results for the first half of the year, revealing a profit after tax for the first time since 2013.
On Monday, Kenya Airways announced its financial results for the first half of the year, revealing a profit after tax for the first time since 2013.
Kenya Airways (KQ) has suspended flights to Kinshasa, the capital of the Democratic Republic of the Congo (DRC) after a recent arrest of its staff.
Kenya Airways’ extensive network spans three domestic and 42 international destinations as of February 2024 with plans to add four more routes by year end.
Kenya Airways has announced plans to enhance its services on the Nairobi to London Heathrow route, offering a total of 14 weekly flights starting from October 29, 2023. This expansion marks a substantial increase from the current 10 weekly flights and reflects the airline’s commitment to meeting the growing demand for this popular route. Passengers […]
Kenya Airways (KQ) has released its full-year financial results for the year ending Dec. 31, 2022, reporting a massive loss of Ksh 68.2 billion ($633 million) at a virtual investor briefing. The loss was attributed to the pandemic-induced decline in air travel and the resulting reduction in demand for KQ’s services. Despite the losses, the […]
Kenya Airways Cargo is set to expand its freighter fleet as it seeks to meet growing demand for cargo services. The airline will lease two Boeing 737-800F aircraft in the third quarter of the year, according to CEO Allan Kilavuka, a move that comes as the airline looks to capitalize on the growing demand for […]
Kenya Airways has appointed Seabury Consulting, part of Accenture, to advise its board on the restructuring process being undertaken by the airline in restructuring its debt as well as advising the board on growing revenues on a long-term business plan. Confirming the deal, KQ Board Chairman Michael Joseph said, “They [Seabury Consulting] will assist with […]
During the last few years, Kenya Airways struggled financially. One would argue that many airlines globally have found a tough going but for Kenya Airways, the fate of the airline hangs in the balance. The government — who has been writing checks to keep the airline afloat — is now demanding the carrier to restructure. […]
Rhetoric on the need for cooperation between airlines in Africa has never been in short supply, but action has been less forthcoming. In the current aviation landscape, filled by the emergence of new markets, South African Airways and Kenya Airways are looking to redouble their efforts to remain competitive. The two loss-making airlines have signed […]
COVID-19 pandemic hit the aviation industry hard. Though for many airlines recovery plans are a key priority, innovations and technologies are still on the agenda. Kenya Airways PLC (KQ), through its fully owned subsidiary Fahari Aviation signed a Memorandum of Understanding with Embraer’s Eve Urban Air Mobility Solutions (“Eve”) to develop operational models for the […]