Kenya Airways has made a dramatic financial comeback, reporting a net profit of KSh 5.4 billion (approx. USD 41.4 million) for the year ending December 31, 2024. This is the airline’s first full-year profit since 2012, marking a major turnaround from its KSh 22.6 billion (USD 173.4 million) loss in 2023.
Tag: Profit
From Turbulence to Triumph: South African Airways Soars Past Expectations with Stunning Net Profit
For the first time since 2012, South African Airways has finally posted a profit. In its annual general meeting held on the 20th of November, the airline reported a net profit of R252 million (USD 14 million) for the 2022/23 financial year.