Kenya Airways News

Kenya Airways Issues Profit Warning

Kenya Airways, one of Africa's leading carriers, issued a profit warning on Friday, blaming the euro zone debt crisis, political unrest in Egypt and escalating fuel prices.
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Kenya Air Q3 Passenger Numbers Up 15 Pct

Kenya Airways posted a 15.4 percent growth in total passenger numbers in its third quarter, lifted by flights on new routes and greater frequencies within Africa, it said on Thursday.
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Kenya Airways First Half Profit Jumps 38 Pct

Kenya Airways said on Thursday its pre-tax profit rose by 37.7 percent in its first-half ended September to KES2.83 billion shillings (USD$29 million), thanks to increased passenger and cargo haulage at higher yields during the period.
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Kenya Air See Passenger Numbers Rise 18 Pct

Kenya Airways registered 18 percent growth in passenger volume in its second quarter, aided by route expansion and greater flight frequency in Africa, it said on Thursday.
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Kenya Air Shareholders Approve Rights Issue

Kenya Airways shareholders on Friday approved its plan for a rights issue to raise an unspecified amount of money to fund route and fleet expansion.
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Kenya Air Eyes Doubling Share Capital

Kenya Airways plans to double its share capital to KES10 billion shillings (USD$104.6 million) ahead of a cash call to raise funds for its expansion plans, the airline said in a notice on Tuesday.
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Kenya Air To Double Fleet In Five Years

Kenya Airways plans to double its fleet in the next five years as part of a 10-year plan aimed at extending its network to every African nation, its chief executive said on Tuesday.
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Kenya Airways Plans Budget Airline - Report

Kenya Airways plans to launch a low-cost subsidiary to handle regional flights, a local newspaper reported on Wednesday.
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Kenya Airways Q1 Pax Numbers Up 28 Pct

Kenya Airways recorded a 27.6 percent rise in passenger volumes in its first quarter, buoyed by increased customer travel to Europe, Middle East and Far East and an increase in flights on domestic routes.
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Embraer Eyes Africa Growth Opportunities

Brazil's Embraer sees Africa as a major growth market and targets doubling the number of its jets operating on the continent, a senior executive at the aircraft manufacturer said.
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