Kenya Airways has been ranked as Africa’s second most efficient airline in a global on-time performance review of airlines and airports.The latest On-Time Performance Review report by aviation analytics company Cirium reveals that the airline attained an impressive 71.86% on-time arrival rate out of 41,905 completed flights in 2023. An on-time flight is defined as…
Tag: On-Time Performance
Loans, Devaluation of Kenya Shilling Drive Kenya Airways into Record Losses Despite Revenue Growth
Despite Kenya Airways improved performance that saw the Group’s revenue grew to Kshs 75 billion, recording a 56% increase compared to the same period last year this was negated by a Ksh 17 billion impact on foreign exchange losses on monetary items, loans and leases, giving rise to a loss before tax of Kshs 22 billion. Speaking at the…