All Kenya Airways articles
-
NewsKenya Airways posts first annual operating profit for seven years
Kenya Airways posted its first operating profit for seven years in 2023 off the back of increased passenger numbers, although heavy currency exchange impact kept it loss-making at an overall level.
-
NewsKenya Airways faces peak-travel schedule disruption over spares shortage
Kenya Airways is experiencing a shortage of aircraft spares and has cautioned passengers that its flight schedule over the next few weeks could be disrupted. The airline is embarking on a “busy holiday season”, it says, with an increase in air travel demand. But it states that there are “challenges” ...
-
NewsKenya Airways introducing 737-800 freighters to enhance cargo capacity
Kenya Airways is introducing a pair of Boeing 737-800 converted freighters in order to expand its cargo capacity. The flag-carrier says the freighters will contribute to its “diversification strategy” and address a “growing demand” for cargo carriage in the region. Kenya Airways currently operates a pair of older 737-300 freighters. ...
-
NewsWeak currency and legacy debt hampering Kenya Airways’ recovery: chief
Kenya Airways has turned in a half-year operating profit, but foreign-exchange effects overwhelmingly wiped out the improvement and led to heavy losses in the six-month period. The airline says it generated an interim KShs998 million ($6.8 million) operating profit which contrasted with a previous KShs5 billion loss. Revenues for the ...
-
NewsKenya Airways losses under scrutiny by parliamentary committees
Kenya’s parliament has been questioning Kenya Airways and the country’s transport ministry over concerns regarding the flag-carrier’s financial position. The senate standing committee on trade, industrialisation and tourism met on 13 June to discuss the operational and financial status of the carrier, and understand whether steps were being taken to ...
-
NewsSAA and Kenya Airways step up work on deepening pan-African tie-up
Kenya Airways and South African Airways are looking to accelerate development of their pan-African airline strategic partnership after completing the first phase of their link-up.
-
NewsSpare parts shortage still challenging Kenya Airways
Kenya Airways continues to face the impact of aircraft remaining grounded for longer than planned during maintenance checks because of a global shortage of spare parts.
-
InterviewCapital raise next step as Kenya Airways chief eyes growth
Kenya Airways chief executive Allan Kilavuka believes the operational fundamentals of the carrier are strong after its restructuring efforts, but that raising capital is key to it moving back onto a growth path.
-
NewsKenya Airways stays in the red despite 2022 revenue jump
Kenya Airways remained loss-making in 2022 as foreign exchange headwinds hit the carrier’s performance, countering a jump in revenues to within 5% of pre-pandemic levels.
-
NewsKenya Airways turnaround plan aims to end state support by end of 2023
Kenya’s government is aiming to end the requirement for further state financial support for Kenya Airways by the end of the year under a turnaround plan being implemented.
-
NewsKenya Airways sees aircraft availability improving amid spare parts pressures
Kenya Airways is reporting some progress in its aircraft availability after recently flagging the risk of service disruptions resulting from supply chain-related maintenance delays.
-
NewsletterAircraft maintenance delays threaten to become 2023 theme
Kenya Airways this week became the latest airline to bemoan the impact of MRO delays on its ability to operate a full schedule – a global trend that could weigh on airline capacity in 2023.
-
NewsKenya Airways warns flights could be cut if MRO supply chain woes persist
Kenya Airways has warned it may have to temporarily cut some frequencies if supply chain challenges continue to delay the return of its aircraft from scheduled maintenance.
-
NewsKenya Airways share suspension extended as restructuring continues
Kenya’s Capital Markets Authority has granted a year-long suspension of share trading in Kenya Airways to give the SkyTeam carrier more time to complete its restructuring.
-
In depthHow far through recovery are African airlines?
The African airline sector has been recovering slowly from the pandemic, as the unwinding of Covid restrictions has compounded financial challenges for several of the region’s highest-profile struggling carriers.
-
In depthAirline Business performance tracker: rest of world Q3 2022
Key data from the most-recent earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
-
NewsCourt orders Kenya Airways pilots to return to work
Kenya Airways has welcomed a court decision compelling striking pilots to resume their work for the carrier. The employment and labour relations court ruling follows a walkout by cockpit crews that began on 5 November. Kenya Airways says the court has ordered pilots to return to work on 9 November. ...
-
NewsKenya Airways insists ‘unlawful’ pilot strike will undo efforts to bring down costs
Kenya Airways estimates that a strike by its pilots set to start on 5 November will cost around KSh300 million ($2.5 million) a day. The airline has condemned the industrial action by the Kenya Airline Pilots Association, describing it as “unlawful”. “This unfortunate action may affect both our passengers, who ...
-
NewsGovernment pays arrears and takes over fleet loan after Kenya Airways default
Kenya’s government has stepped in to pay Kenya Airways debts after the airline defaulted on a loan agreement for aircraft and engine acquisitions. The government is also set to take over the loan in the current 2022-23 fiscal year, according to the country’s treasury. In an annual public debt management ...
-
NewsKenya Airways narrows first-half loss on pick-up in passenger business
Kenya Airways cut its first half losses by almost a third as the reopening of travel markets enabled it to more than double passenger revenues.