Kenya Airways returns to profitability for first time in over 10 years

Kenya Airways has reported its first net profit in over a decade. It reported profits of Kshs 513 million ($3.96 million) during the first half of the year. This is in stark contrast to the Kshs 21.7bn ($167.5 million) loss it reported during the same period of last year. During the half – Kenya Airways experienced a 10% increase in passenger numbers – with the airline serving a total of 2.54 million passengers. Airline capacity also saw an increase of 16%, while revenue passenger kilometres (RPK’s) improved by 14%. This increase in passenger numbers contributed to a rise in total