Corporate News
KQ unveils new plane for Coast route
KQ says adding the plane on the busy route is in line with its strategy to increase the level of efficiency on the domestic and regional routes including offering passengers more choice of flying times and frequency. Photo/FILE
Posted Wednesday, August 11 2010 at 00:00
The move back to profitability was due to gains made on fuel hedging that amounted to Sh6.1 billion.
Kenya Airways has been facing major competition as domestic airlines aggressively move to increase flights and destinations.
Fly 540 recently announced new routes including Nanyuki, Amboseli, Lewa Downs and Samburu besides connecting Mombasa to these tourist areas.
But the airline has concentrated more on African expansion, which accounts for at least 45 per cent of its revenues.
In the first quarter, 366,225 passengers in the region used the airline, a three per cent growth compared to the previous year.
Kenya Airways also increased capacity and flights to capitalise on the World Cup that was held in South Africa between June and July.
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