KAA profit halves as revenues, passenger charges slump

Kenya Airports Authority signage at Jomo Kenyatta International Airport on November 7, 2023. 

Photo credit: Wilfred Nyangaresi | Nation Media Group

The Kenya Airports Authority (KAA) posted a 41 percent profit dip to Sh3.8 billion in the financial year to June 2025, largely driven by a drop in revenues, surging costs and easing of foreign exchange gains.

New disclosures show that the airports operator’s revenues for the year declined by about Sh1.1 billion, with forex gains dropping by more than 10-fold, while its costs rose by Sh1.5 billion, putting pressure on its net earnings, which declined by Sh2.7 billion, from Sh6.5 billion in the year to June 2024.

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