The Lower Eastern Times Opening The Third Eye
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Kenya Airways (KQ) has reported a net loss of Sh17.2 billion for the year ending December 31, 2025, a sharp reversal from the Sh5.4 billion profit recorded in 2024.
The airline linked the loss mainly to the temporary grounding of three wide-body aircraft, which disrupted its operations during the year.
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According to chairman Kiprono Kittony, while the aviation sector continued to recover due to strong passenger demand—especially on long-haul routes—it still faced challenges such as delays in aircraft deliveries, engine shortages, and ongoing global supply chain disruptions.
Revenue dropped by 14 percent to Sh27 billion, largely due to a 13 percent decline in passenger numbers, even as overall capacity was reduced by 18 percent.
Available Seat Kilometres (ASKs) fell to 13,349 million from 16,227 million in 2024, reflecting reduced operations.
Operating costs declined slightly by 3 percent to Sh167 billion, in line with fewer flights.
The airline said the grounding of its Boeing 787 Dreamliner fleet, coupled with supply chain issues and engine constraints, significantly impacted performance.
Meanwhile, fleet ownership costs rose by 33 percent due to the revaluation of leased assets and the addition of Boeing 737-800 planes.
Despite the losses, KQ maintained that demand for air travel across Africa remains strong, offering hope for a long-term recovery.
