Kenya Airways Swings Back to Losses

Kenya Airways swung to a KSh 12.17B loss in H1 2025, reversing 2024 profit. Revenue fell 19% as grounded aircraft hit operations...
✨ Key Highlights
Kenya Airways reported a significant net loss of KSh 12.15 billion for the half-year ended June 30, 2025, a sharp reversal from a KSh 513 million profit recorded a year earlier. This substantial deficit, fueled by grounded aircraft and supply chain issues, marks the airline's second-biggest half-year loss in five years.
- The airline's total revenue declined by 19% to KSh74.5 billion, with operating losses reaching KSh6.2 billion.
- Group CEO Allan Kilavuka emphasized that a recapitalization plan, targeting at least US$500 million, is crucial for stabilizing liquidity and funding expansion.
- This loss highlights a persistent pattern, as Kenya Airways has reported losses in 13 of the last 14 half-year periods.
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Read the complete article from The Kenyan Wall Street