Kenya: KQ Bounces Back With Sh5.4bn Net Profit in 2024

Kenya Airways is again a beneficiary, which had not happened since 2012. After years of financial turbulence, saved by the state on several occasions, the airline, which is one of the most important on the African continent, recovers and beats records of ticket sales, thanks in particular to drastic changes.

Kenya Airways posts first profit in 11 years

NAIROBI, March 25 (Xinhua) -- Kenya Airways, the country's national carrier, said on Tuesday that it recorded a net profit of 5.4 billion Kenyan shillings (about 41.7 million U.S. dollars) in the financial year ending December 2024, up from a loss of 174.6 million dollars recorded in 2023, after more than a decade of losses. Read full story

Kenya: KQ Bounces Back With Sh5.4bn Net Profit in 2024

Nairobi -- Kenya Airways (KQ) posted a Sh5.4 billion profit after tax for the full year ending December last year, an improvement from a loss of Sh22.6 billion reported during a similar period in 2023.

KQ turnaround offers blueprint for other parastatals

Kenya Airways’ announcement of a Sh5.4 billion profit after tax for the financial year ending December 31, 2024, marks a historic milestone – the airline’s first full-year profit since 2013.   This dramatic turnaround from a Sh22.7 billion loss in 2023 underscores a rare success story among Kenya’s beleaguered state-owned enterprises (SOEs). After more than […]

Lufthansa currently offers relatively cheap flights from Frankfurt to the Kenyan capital Nairobi. The route is flown non-stop and you can now secure a return flight from 448€. This price includes 8 kg of hand luggage. If you need 23 kg of baggage, the Economy Basic fare is available for a total of 120€ surcharge. To the deal Availability is available during the travel period from April to May 2025 and from October 2025 to February 2026. Info Ger…

Kenya Airways (KQ) reported a profit of Ksh 5.4 billion (US$ 39.9 million) for 2024, a record in 11 years, against a loss of Ksh 22.6 billion (US$ 205.4 million) in 2023. The national company had aligned losses for more than a decade, and this is the first profit...