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Kenya Airways fiscal-year profit surges 74%

Kenya Airways reported a net profit of KES3.54 billion ($41.8 million) for its fiscal year ended March 31, up 73.9% over a KES2.04 billion profit in the prior fiscal year.

Kenya Airways 737-700. Photo: By Rob Finlayson. Kenya Airways reported a net profit of KES3.54 billion ($41.8 million) for its fiscal year ended March 31, up 73.9% over a KES2.04 billion profit in the prior fiscal year. “This is an exceptional performance,” Group Finance Director Alex Mbugua told ATW on the sidelines of an investors briefing in Nairobi Thursday, noting that KQ “managed to reach two historic milestones in the reporting year, by surpassing the 3 ...

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