Kenya Airways (KQ) has reported a significant net loss of Sh12.15 billion for the half-year ending June 30, a stark reversal from the Sh513 million profit recorded last year. The airline attributed this downturn primarily to the grounding of three of its Boeing 787-88 Dreamliners due to global supply chain disruptions and engine availability issues, drastically impacting its operational capacity.

• KQ's net loss for the half-year was Sh12.15 billion, a turnaround from last year's Sh513 million profit.
• Chief Executive Allan Kilavuka stated that three out of nine Dreamliners were grounded, representing 33 percent of the airline's wide-body fleet.
• Revenues dropped by 19 percent to Sh74.5 billion, and the number of passengers ferried decreased by 14 percent.
• KQ is seeking to raise at least $500 million (Sh64.5 billion) in capital from shareholders to address challenges and drive growth.