Kenya Airways (KQ) will on Monday re-introduce passenger flights on the Nairobi-Eldoret route after a 10-year break, fueling competitors on the route that can be served by carriers equivalent to Skyward Categorical.
The provider that stopped working on the Nairobi-Eldoret route in 2014 mentioned flights to the vacation spot will function 5 instances per week giving clients one other choice to fly to the vacation spot.
The provider will cost passengers an introductory fare of Sh8,505 for a one-way ticket.
“Kenya Airways will relaunch its flight providers to and from Eldoret beginning March twenty fifth, 2024. Service to Eldoret will resume 5 days every week, with flights working on Mondays, Wednesdays, Fridays, Saturdays, and Sundays,” mentioned Kenya Airways Chief Government Allan Kilavuka in an announcement on Wednesday.
The re-introduction of flights by the airline on the route is a part of the larger plan by the provider to increase its wings throughout its community submit Covid-19 pandemic outbreak.
This may see it rake in additional revenues as calls for for air journey proceed to select up forward of the Easter season.
The airline has been on an aggressive enlargement drive opening new routes in the previous few months such because the Nairobi-Bangkok flights because it continues to look into new alternatives to faucet into the worldwide journey enterprise.
The airline reported its largest half-year loss for the interval ended June final 12 months, weighed down by heavy foreign exchange losses and a pile-up of debt which have upset its turnaround plan.
Regardless of a 56 % progress in revenues to Sh75 billion, a 43 % leap in passenger numbers to 2.3 million and its first working revenue in six years, increased prices pushed the airline deeper into the crimson after it greater than doubled its losses to Sh21.7 billion within the six months to June 2023.
The loss is a 120 % improve from the Sh9.9 billion loss the airline reported throughout the first half of 2022 and is greater than the Sh15 billion full-year loss for 2021.
KQ attributed the efficiency to finance prices hovering to Sh22.8 billion, a 360 % improve from Sh4.9 billion throughout the first half of 2022.
Foreign exchange losses consumed Sh15.3 billion of the overall finance prices, pushed by the depreciation of the Kenyan shilling in opposition to the greenback.
