Kenya Airways Swings to Sh12bn Loss as Dreamliner grounding hits revenue
The airline blamed the downturn on the grounding of three Boeing 787-8 Dreamliners — a third of its wide-body fleet — due to supply chain disruptions and engine availability challenges. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya Airways reported a significant loss of Sh12 billion for the first half of 2025, a reversal from a Sh513 million profit during the same period last year. This downturn is primarily attributed to the grounding of aircraft and a reduction in passenger traffic.
- The airline's revenue slid 19 percent to Sh75 billion, down from Sh91 billion a year earlier, with passenger numbers falling 14 percent due to the grounding of three Boeing 787-8 Dreamliners.
- Allan Kilavuka, CEO of Kenya Airways, acknowledged the challenges, particularly the grounding of aircraft, but noted strong demand for international travel.
- Fleet ownership costs surged by 29 percent, contrasting with a 10 percent decline in operating costs in line with scaled-down operations as KQ prioritizes fleet restoration and cost optimization.
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Old Mutual, Kenya Airways, and HF Group Report Mixed H1 2025 Financial Results - August 2025
Companies reported varied financial performances for the first half of 2025. Old Mutual Holdings PLC reported a sharp profit plunge of 98-99% to KShs 5 million for the half year ended June 30, 2025, citing lower interest rates and weakened insurance service results. Similarly, Kenya Airways reported a significant loss of Sh12 billion, a reversal from a Sh513 million profit a year earlier, attributing the downturn to grounded aircraft and reduced passenger traffic. In contrast, HF Group PLC announced a 134% jump in profit after tax to KSh 624.3 million, a performance that contributed to its banking subsidiary's upgrade to a Tier II bank.
