How Kenya Airways passengers lost Sh4.3 billion on ticket expiry breach

Kenya Airways CEO Allan Kilavuka.

Photo credit: File | Nation Media Group

Kenya Airways customers lost Sh4.26 billion last year on failing to use their tickets within the allowed window.

The airline discloses in the latest annual report covering the financial year ended December 2023 that it booked the amount as revenue in its books of accounts, marking a 54.3 percent rise from the Sh2.76 billion it received from expired tickets in the previous financial year.

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Note: The results are not exact but very close to the actual.