KQ sees revenue hit on grounded major aircraft

Kenya Airways Chief Executive Officer Alan Kilavuka.Mr Kilavuka is retiring as the CEO of the national airliner after six years at the helm.

Photo credit: File | Nation Media Group

Kenya Airways (KQ) expects its revenues for the current financial year ending December to take a hit due to the prolonged grounding of two of its largest aircraft –the Boeing 787-8 Dreamliners— due to delays in maintenance of their engines.

The national carrier says the two Dreamliners that are out of service have reduced its current capacity by 20 percent, significantly impacting revenue as it has been forced to cut back on certain routes and reduce flight frequencies.

PAYE Tax Calculator

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