Wild Flower
Member
- Jul 20, 2023
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Shirika la ndege la taifa la Kenya, Kenya Airways, limeeleza kuwa limeandikisha faida ya uendeshaji mwaka wa 2023, faida yake ya kwanza katika miaka saba iliyopita.
Kiwango cha bilioni 10.5 za shilingi za Kenya (takriban dola milioni 80) kwa mwaka ulioisha Desemba 31 kinawakilisha mabadiliko makubwa kutoka hasara ya uendeshaji ya bilioni 5.6 shilingi mwaka wa 2022, huku mwenyekiti Michael Joseph akiitaja kama "hatua muhimu sana".
Shirika hilo, lenye mmiliki mkubwa kuwa serikali ya Kenya, pia limeeleza katika taarifa yake kwamba hasara yake baada ya kodi imepungua hadi karibu bilioni 23 kutoka zaidi ya bilioni 38 mwaka uliotangulia.
Mapato jumla kwa mwaka yamepanda kwa asilimia 53 hadi bilioni 178 za shilingi, ambayo shirika hilo limezitaja kwa kiasi kikubwa kuongezeka kwa asilimia 35 katika idadi ya abiria hadi milioni 5.04, kulingana na taarifa yake ya matokeo yaliyokaguliwa.
The figure of 10.5 billion Kenyan shillings (about $80 million) for the year ended December 31 represents a sharp turnaround from an operating loss of 5.6 billion shillings in 2022, with chairman Michael Joseph hailing it as a "significant milestone".
The airline, whose biggest shareholder is the Kenyan government, also said in a statement that its loss after tax had reduced to almost 23 billion shillings from more than 38 billion shillings the year before.
Total revenue for the year surged by 53 percent to 178 billion shillings, which the airline attributed mainly to a 35 percent growth in passenger numbers to 5.04 million, according to its audited results statement.
Kenya Airways has been labouring under a mountain of debt and running losses for years despite numerous government bailouts, and like the aviation industry as a whole it was hard hit by the Covid-19 pandemic.
"These figures highlight the airline's remarkable performance over the year and provide encouraging signs of continued recovery within the air transportation sector," Joseph said in a statement.
"They also confirm the operational viability of the airline business and demonstrate that the management's ongoing efforts to restore profitability are yielding positive results."
CEO Allan Kilavuka said the company's focus in the near term was on completing a "capital restructuring plan whose main objectives are to reduce the company's financial leverage and increase liquidity".
The government owns a 48.9 percent stake in Kenya Airways, while Air France-KLM has 7.8 percent.
The airline was founded in 1977 following the demise of East African Airways and now flies to 45 destinations across the globe, 37 of them in Africa.
SOURCE: BARRON'S
Kiwango cha bilioni 10.5 za shilingi za Kenya (takriban dola milioni 80) kwa mwaka ulioisha Desemba 31 kinawakilisha mabadiliko makubwa kutoka hasara ya uendeshaji ya bilioni 5.6 shilingi mwaka wa 2022, huku mwenyekiti Michael Joseph akiitaja kama "hatua muhimu sana".
Shirika hilo, lenye mmiliki mkubwa kuwa serikali ya Kenya, pia limeeleza katika taarifa yake kwamba hasara yake baada ya kodi imepungua hadi karibu bilioni 23 kutoka zaidi ya bilioni 38 mwaka uliotangulia.
Mapato jumla kwa mwaka yamepanda kwa asilimia 53 hadi bilioni 178 za shilingi, ambayo shirika hilo limezitaja kwa kiasi kikubwa kuongezeka kwa asilimia 35 katika idadi ya abiria hadi milioni 5.04, kulingana na taarifa yake ya matokeo yaliyokaguliwa.
Kenya Airways imekuwa ikipambana chini ya mzigo wa madeni na kupata hasara kwa miaka kadhaa licha ya msaada mwingi wa serikali, na kama sekta ya anga nzima ilipigwa sana na janga la Covid-19.
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Kenya's troubled flag carrier Kenya Airways said Tuesday it had recorded an operating profit in 2023, its first in seven years.=====================
The figure of 10.5 billion Kenyan shillings (about $80 million) for the year ended December 31 represents a sharp turnaround from an operating loss of 5.6 billion shillings in 2022, with chairman Michael Joseph hailing it as a "significant milestone".
The airline, whose biggest shareholder is the Kenyan government, also said in a statement that its loss after tax had reduced to almost 23 billion shillings from more than 38 billion shillings the year before.
Total revenue for the year surged by 53 percent to 178 billion shillings, which the airline attributed mainly to a 35 percent growth in passenger numbers to 5.04 million, according to its audited results statement.
Kenya Airways has been labouring under a mountain of debt and running losses for years despite numerous government bailouts, and like the aviation industry as a whole it was hard hit by the Covid-19 pandemic.
"These figures highlight the airline's remarkable performance over the year and provide encouraging signs of continued recovery within the air transportation sector," Joseph said in a statement.
"They also confirm the operational viability of the airline business and demonstrate that the management's ongoing efforts to restore profitability are yielding positive results."
CEO Allan Kilavuka said the company's focus in the near term was on completing a "capital restructuring plan whose main objectives are to reduce the company's financial leverage and increase liquidity".
The government owns a 48.9 percent stake in Kenya Airways, while Air France-KLM has 7.8 percent.
The airline was founded in 1977 following the demise of East African Airways and now flies to 45 destinations across the globe, 37 of them in Africa.
SOURCE: BARRON'S
