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Originally published by Capital Business
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business
March 24, 2026
5h ago

KQ slides into Sh17.2bn loss on planes grounding

KQ slides into Sh17.2bn loss on planes grounding

The airline attributed the loss largely to the temporary grounding of three wide-body aircrafts, which disrupted operations during the period. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya Airways (KQ) has plunged into a significant financial downturn, reporting a net loss of Sh17.2 billion for the year ending December 31, 2025. This marks a stark reversal from the Sh5.4 billion profit achieved in 2024.

  • The primary driver of this loss was the temporary grounding of three wide-body aircraft, disrupting operations and impacting performance.
  • Kenya Airways (KQ) experienced a 14 percent decline in revenue, falling to Sh27 billion, accompanied by a 13 percent drop in passenger numbers.
  • Factors contributing to the financial strain included delays in aircraft deliveries, engine availability issues, and global supply chain constraints.

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