Kenya Airways seeks to increase fleet availability while fuel adds to margin pressure

Kenya Airways has reported a net loss of KShs16.1 billion ($124 million) for the first six months of the year, as it focuses on restoring its fleet and improving aircraft utilization. The airline reintroduced widebody capacity in an effort to bolster availability following significant losses. Kenya Airways is actively pursuing a capital raise alongside these operational improvements. Rising fuel costs are contributing significantly to margin pressure within the carrier’s financial performance. This strategic shift aims to address the substantial deficit and position Kenya Airways for future growth.