NAIROBI, Mar 24 – Kenya Airways reported a pre-tax loss of 17.93 billion shillings ($138.3 million) for 2025, reversing its return to profitability in the previous year.
The result marks a setback for the carrier, which had posted its first pre-tax profit in over a decade in 2024.
Total income declined to 161.47 billion shillings, down from 188.50 billion shillings in 2024, reflecting weaker revenue performance across its operations.
According to Chief Financial Officer Mary Mwenga, part of the decline was driven by operational challenges, including the temporary grounding of three wide-body Boeing 787-8 Dreamliner aircraft due to ongoing global supply chain constraints.
The airline, which operates a fleet of approximately 40 aircraft, faced reduced capacity as a result, impacting its ability to maintain previous revenue levels.
The 2024 profit had also been supported by foreign-exchange gains, as the Kenyan shilling appreciated by more than 20% against the US dollar during that period, providing a temporary boost to earnings.
The latest results highlight the continued volatility in the aviation sector, where operational disruptions, currency movements and global supply chain challenges remain key risks to profitability.
