The national flag carrier of Kenya, Kenya Airways PLC has continued its positive recovery progress after the Skyteam carrier recorded its first operating profit in six years. Kenya Airways: Successful Half YearThe airline reported a growth in revenue of 75 billion Kenyan shillings recording a 56% increase compared to the same period in 2022. Kenya Airways also took precautions, such as spending control, lease rental renegotiations, and other cost-reduction actions. Banking on Future GrowthLike any other airline, Kenya Airlines looked at IATA’s May 2023 polling data, which kept them bullish and optimistic on route expansion. It all starts with a robust summer peak, particularly in July and August, where our load factors exceed last year’s.”Finally, Kenya Airways is rising from the dismay of mismanagement and cost overrun.

Source: Ethiopian News September 01, 2023 17:57 UTC