One of the Kenya Airways Boeing Dreamliners at the Jomo Kenyatta International Airport in 2023. [Elvis Ogina, Standard]

For the first time in more than a decade, national carrier Kenya Airways has posted a profit for the first half of this year, a possible indicator that its recovery plans could be bearing fruit and is on track to fully turning around by the end of this year.

The airline reported a net profit of Sh513 million for the six months to June this year, a major improvement from the Sh21.7 billion loss reported over a similar half last year. Last year’s loss was the worst-ever performance over any half-year.

The much-improved performance has been on account of growth in revenues, which went up 22 per cent to Sh91.5 billion over half of the years, from Sh75.1 billion last year.

KQ also reduced ‘other costs’ by 97 per cent to Sh687 million over the first half of this year from Sh22.8 billion, which led to the carrier moving from deep losses into profit making.

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