The airline said the crisis in the Gulf has had the effect of increasing its fuel costs by 72 per cent over the first half of this year.
Kenya Airways (KQ) said yesterday that the surge in fuel costs following the war in the Middle East has compounded the challenges the carrier has been grappling with and is now expected to hit its earnings this year.
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Kenya Airways’ half-year loss widened to Sh16.1 billion in 2026 as fuel costs surged 66 per cent and aircraft remained grounded…
The loss increased from Sh12.2 billion recorded in the previous reporting period.
The carrier’s losses in 2025 were primarily caused by a capacity shortage due to the prolonged grounding of at least two of its…
The loss increased from Sh12.2 billion recorded in the previous reporting period.
NAIROBI: The war in Iran is driving up jet fuel prices and worsening supply strains for African airlines, forcing carriers to…
Global airlines sounded the alarm over soaring jet fuel prices triggered by the U.S.-Israeli war against Iran.
