Kenya Airways wants to raise at least $500mln to expand fleet

Kenya Airways' Half-Year Profit Engine Stalls on Spare Parts Shortage

Kenya Airways (KQ) has reported a half-year net loss of USD 94 million for the period ending June 30, 2025, a significant reversal from the USD 3.97 million profit recorded a year prior. This financial downturn is primarily attributed to a combination of operational headwinds, including fleet groundings and global supply chain constraints. The airline’s capacity and revenue generation were severely impacted by the temporary grounding of three of…

Kenya Airways posts half-year loss amid fleet groundings

Kenya Airways PLC has reported its financial results for the six months ending 30 June 2025, a period defined by considerable operational and financial turbulence. Central to the difficulties was the temporary grounding of three Boeing 787-8 Dreamliner aircraft, amounting to a third of the airline’s wide-body fleet. The grounding, caused by global supply chain disruptions and limited engine availability, significantly constrained capacity and re…

Kenya Airways wants to raise at least $500mln to expand fleet

One of Africa's three biggest airlines, Kenya Airways posted a loss of 12.17 billion shillings ($94.34 million) in the first half of this year, compared with a profit of 634 million shillings in the same period last year