KQ expects profit to drop by at least 25pc on grounded planes
NAIROBI, Kenya, Nov 28 - Kenya Airways (KQ) has issued a profit warning for the year ending December 31, 2025, projecting that its earnings will drop by Kenya breaking news | Kenya news today |..
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Kenya Airways (KQ) has issued a profit warning for the year ending December 31, 2025, anticipating a profit drop of at least 25 percent due to grounded planes and a severe shortage of engine parts.
- The airline attributed the significant expected decline to the grounding of three of its Boeing 787-8 Dreamliners, representing about 33% of its wide-body fleet.
- The operational challenges have already impacted financial performance, with total revenue for the six months ending June 30, 2025, falling by approximately 19 percent.
- This reduction stems from a global supply chain constraint for spare parts and engine availability challenges affecting the aviation industry.
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Kenyan Companies Announce Major Financial Results and Corporate Rebranding - November 2025
Kenya Airways (KQ) has issued a profit warning for the year ending December 31, 2025, anticipating a profit drop of at least 25 percent. The airline attributed this expected decline to grounded planes and a severe shortage of engine parts. In contrast, Centum Investment Company reported a 6.1 percent increase in after-tax profit to Sh472 million for the half-year ended September 30, 2025. This growth was primarily due to a 66 percent reduction in finance costs from debt repayments. In other corporate news, Sanlam Kenya has officially rebranded to Sanlam Allianz Holdings Kenya. This change follows a joint venture and comes as the Kenyan government is strengthening its insurance regulatory framework to rebuild trust in the sector.
