Kenya Airways has reported a net loss after tax of Sh17.12 billion for the year ended December 2025, reversing a Sh5.43 billion profit recorded in 2024.
The national carrier attributed the sharp downturn to reduced capacity and softer travel demand.
Total revenue declined by 14.3% to Sh161.5 billion during the period under review.
A major factor behind the performance was the grounding of three Boeing 787-8 Dreamliner aircraft throughout the year due to global engine parts shortages.
The disruption cut the airline’s capacity by 18% and reduced passenger numbers to 4.3 million.
Chief Financial Officer Mary Mwenga said the fleet constraints significantly affected operations, compounding the impact of weakening demand in key markets.
The airline’s financial position also deteriorated further, with negative equity widening to Sh132.1 billion against a debt burden of Sh310 billion.
Kenya Airways is now seeking recapitalization measures alongside efforts to restore full fleet operations.
The results underscore the continued challenges facing the carrier as it navigates global supply chain disruptions and works toward long-term financial stability.
