Kenya Airways issues profit warning as grounded Dreamliners cut earnings

The airline says the grounding of three Dreamliners, which is about a third of its wide-body fleet, has significantly reduced capacity and passenger numbers, weighing on overall performance. 

The grounding, KQ says, was as a result of a global shortage of spare parts, which has disrupted its operations. The cautionary statement indicates profits are set to fall by at least 25 per cent, or roughly Ksh.1.35 billion. 

This comes just a year after the airline returned to profitability, ending 11 consecutive years of losses. In 2024, the airline transported 5.2 million passengers and moved more than 70,000 tonnes of cargo.