Audio By Carbonatix
Kenya Airways on Tuesday reported a pre-tax loss of 17.93 billion shillings ($138.30 million) in 2025 on lower revenue, and said it aimed to boost performance by adding an extra aircraft to its London Heathrow route in July.
The result is a setback for one of Africa's leading airlines, which made its first pre-tax profit in more than a decade in 2024.
The airline, which has a fleet of roughly 40 aircraft, said total revenue fell 14% to 161.47 billion shillings last year, reflecting an 18% reduction in capacity.
Acting CEO George Kamal said the airline was also looking to add Boeing 777 freighters to its fleet to increase haulage capacity by 250 tons by the end of 2026.
Chief Financial Officer Mary Mwenga said the company's weaker 2025 performance was partly caused by three of its wide-body Boeing 787-8 Dreamliner jets getting temporarily grounded because of global supply chain constraints.
The airline's 2024 profit was helped by foreign-exchange gains, as the shilling strengthened more than 20% against the dollar that year.
On Monday, Kenya Airways said demand for seats on its flights had surged due to the effects of war in the Middle East, with most of the gains coming from Europe, the U.S. and Asia.
"We took advantage of the current situation and mainly rerouted a lot of customers from Europe. Instead of re-routing through the Gulf, they are back to reroute through Kenya, through our hub in Nairobi," Kamal said.
Latest Stories
-
National House of Chiefs rejects CRC recommendation to merge OASL with Lands Commission
2 minutes -
NTC moves to regularise over 42,000 unqualified teachers through fast-track programme
3 minutes -
Ghana Railway workers demand payment of salary arrears, clarity on future of company
20 minutes -
Five players to watch in Ghana’s U17 team: The next generation chasing Black Star glory
30 minutes -
Ubuntu, Afrophobia and Africa’s unfinished struggle for unity
42 minutes -
NLC orders striking Public Services Workers’ Union members at NIA to resume work
47 minutes -
Over 42,000 unqualified teachers are in Basic and SHS classrooms – NTC
1 hour -
Nurse killed in crash while transporting medical supplies
1 hour -
Medical practitioner warns of rising diabetes and hypertension deaths among women in Bono Region’s Nsoatre
1 hour -
Health Minister pays surprise visit to Mother and Child Hospital
1 hour -
Transport Ministry prepares bus deployment roadmap
1 hour -
Bono Regional Minister urges residents to arrest persons using names of officials for galamsey
1 hour -
All our concerns in Accra addressed – South African athletes
2 hours -
Health Minister orders immediate staffing boost after Mother and Child Hospital visit
2 hours -
‘We’re our own competition’ – GG Brass Band speaks on future of brass music
2 hours