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Kenya Airways on Tuesday reported a pre-tax loss of $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.
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Acting CEO George Kamal said the airline was also looking to add Boeing 777 freighters to its fleet to increase haulage capacity by 250 tonnes 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 US 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 re-routing through Kenya, through our hub in Nairobi,” Kamal said.
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