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Kenya Airways Profit Drops, Fuel Prices to Blame

Kenya Airways have been hit by high fuel costs and profits for the financial year ending in March dropped by 57 percent.

Kenya: KQ Profit Drops, Fuel Prices to Blame

Capital FM, 14 June 2012

High fuel costs have hit Kenya Airways (KQ) profits for the financial year ending March 31, dropping by a whopping 57 percent. Read more »

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Kenya: Low Passenger Numbers Force KQ to Suspend Routes

The Star, 14 June 2012

NATIONAL carrier Kenya Airways has officially suspended flights to Rome Italy and to Muscat due to dwindling passenger numbers. KQ, which operated three flights weekly to the… Read more »
Kenya: Signals of Further Pressure On KQ Price

The Star, 11 June 2012

The Nairobi NSE 20 Index firmed 17.55 points to close at 3657.01. The Nairobi All Share shaved off 0.18 Points to close at 78.43. Market Cap remains above a trillion at 1.005260… Read more »
Kenya: Pilots May Strike Over Kenya Airways Hiring

The Star, 10 June 2012

KENYA Airways may be courting a strike because of failure to heed to calls to employ more local pilots rather than expatriates, a pilots' union official has warned. Read more »
Kenya: KQ Rights Issue Misses Set Target

The Star, 8 June 2012

KENYA Airways missed its cash call target by Sh6.2 billion in a rights issue in which the government has raised its stake to 29.8 per cent becoming the largest single shareholder. Read more »
Kenya: Kenya Airways Hard Hit By JKIA's Runway Closure

The Star, 6 June 2012

Kenya Airways is counting losses after flight operations at the Jomo Kenyatta International Airport were yesterday discontinued for eight hours, which also left hundreds of… Read more »