Kenyan Airways reports $123M loss in half-year
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Kenyan Airways announced a pre-tax loss of 15.92 billion Kenyan shillings (approximately $123 million) for the first half of 2026, marking a 31% increase compared to the previous year, despite a 9% rise in revenues to 81.25 billion shillings. The increase in losses is primarily attributed to soaring fuel costs, which surged by 72% due to the repercussions of the conflict in the Middle East on energy and aviation markets. Additionally, regional disruptions have impacted supply chains and maintenance schedules, leading to delays in servicing and higher operational expenses. The results reflect ongoing challenges the airline faces in translating revenue growth into profits, amid rising fuel prices, operational costs, and supply chain disruptions that further strain the aviation sector.
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