Airplane parts shortage costs KQ billions in losses

NAIROBI, Kenya, Aug 15 – National carrier Kenya Airways (KQ) says the grounding of two of its Boeing 787 Dreamliners has cost the airline billions of Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya Airways (KQ) has incurred losses estimated at $15 million (Sh1.95 billion) due to the grounding of two Boeing 787 Dreamliners caused by delayed spare parts. This setback has severely hampered the airline's recovery efforts, costing it an "entire peak season."
- The loss of $15 million (Sh1.95 billion) is largely attributed to delayed spare parts from manufacturers like Boeing.
- Allan Kilavuka, CEO of Kenya Airways, stated that operational struggles are significant due to the grounded aircraft.
- KQ posted a Sh513 million profit in the first half of 2024, marking its first half-year profit since 2013, despite current challenges.
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