NAIROBI, Kenya – Kenya Airways has fallen back into the red, reporting a Sh 12 billion net loss for the six months ending June 30, 2025, reversing a profit of Sh 513 million posted in the same period last year.
The carrier attributed the poor results to the prolonged grounding of three Boeing 787-8 Dreamliners, representing one-third of its wide-body fleet, after global supply chain setbacks and engine shortages.
The disruption led to a 14 percent decline in passenger traffic and a 16 percent cut in seat capacity.
Total revenue slipped 19 percent to Sh 75 billion, down from K
Sh 91 billion in 2024, while operating costs fell by 10 percent as the airline scaled back services.
Fleet ownership expenses, however, jumped 29 percent due to revaluation of leased assets and the induction of a new Boeing 737 aircraft.
The airline said one Dreamliner was returned to service in July, with two more expected to rejoin operations before year-end, which is expected to ease pressure on long-haul routes.
Group Managing Director and Chief Executive Officer Allan Kilavuka said the airline had been hit by unavoidable global challenges but insisted that demand patterns remain encouraging.
“The first half of 2025 was defined by industry-wide challenges that directly impacted our performance, particularly the grounding of three of our aircraft,” Kilavuka said.
“Even in the face of these challenges, passenger demand for international routes remains robust, underscoring the strength of our brand.”
He added that the company would concentrate on restoring full fleet availability, pushing through cost-saving initiatives, and finalizing a capital raising program to improve liquidity.
According to the International Air Transport Association (IATA), worldwide passenger numbers are projected to grow 5.8 percent in 2025, although cargo expansion is expected to slow to 0.7 percent.
Kenya Airways said it remains focused on efficiency gains and strengthening its balance sheet to withstand fuel price swings and inflationary pressure, while continuing to position itself as a key African connector for passengers and trade.
