NAIROBI (Reuters) – Kenya Airways on Tuesday reported a pre-tax loss of 17.93 billion shillings ($138.30 million) for the full year 2025, a significant reversal from the 10.5 billion shilling profit recorded in 2024. The national carrier attributed the loss to lower revenue and persistently high operating costs.
The airline's total revenue for the year fell to 179.5 billion shillings from 197.5 billion shillings in 2024. In a statement, the company cited a "challenging operating environment" characterized by increased competition, high fuel prices, and currency depreciation as key factors impacting its financial performance.
In response to the loss, Kenya Airways outlined a strategy to improve its network and performance. The airline announced plans to add an extra aircraft to its London Heathrow route to increase capacity and frequency. Management expressed confidence that ongoing restructuring efforts and network optimization would steer the company back to profitability.