JUST IN: KQ Takes Off: National Carrier Records First Profit in Over a Decade 

  Kenya Airways has finally broken its 11-year streak of full-year losses, posting a net profit of Ksh5.4 billion for the year ending December 31, 2024. This marks a remarkable turnaround from the Ksh22.6 billion loss recorded the previous year, reflecting an impressive improvement of Ksh28 billion and a 124 percent surge in net profit. Although the airline had posted a modest half-year profit of Ksh513 million, it had not reported a full-year profit since 2013. CEO Allan Kilavuka attributed the financial rebound to the airline’s recovery strategy, Project Kifaru. The initiative has focused on boosting operational efficiency and enhancing customer
The post KQ Takes Off: National Carrier Records First Profit in Over a Decade appeared first on Nairobi Wire. Read More