AirlinesKenya Airways cuts travel fare to major destinations by 30 percent amid...

Kenya Airways cuts travel fare to major destinations by 30 percent amid profit growth plan

Kenya Airways have reduced air ticket prices by up to 30 percent across the airline’s network as part of its efforts to shore up revenues following the covid-19 travel losses.

The discounted fee applies to flights to all the destinations in the airlines’ route except to flights operating on the Guangzhou, Dar es Salaam, Juba, Dubai, and Freetown routes from its hub in Nairobi as well flights operating from Johannesburg to Dubai.

According to Kenya Airways, the offer is available for customers who pay before September 24, 2021, up to March 31, 2022, which implies that a trip from Nairobi to South Africa will now be Ksh95,040 ($861) instead of the former price of Ksh135,586 ($1,229).

Kenya Airways chief commercial and customer officer, Julius Thairu said: “At Kenya Airways, we hold customer centricity at the heart of our sustainable business operations by providing our customers with exciting offers that meet their needs in real-time. This cements our purpose as the pride of Africa by offering them travel options and discounts that will help them enjoy their holidays even better. This will be further enhanced as government lockdowns and travel restrictions lift.”

Kenya’s aviation sector is gradually recovering from the economic woes brought about by the Covid-19 pandemic in 2020.

According to the data released by KCAA, aircraft traffic movements were lowest in July 2020, standing at 9,185, which decreased by 68 percent below the levels of July 2019 (28,825).

The data also reported that estimates of demand that traffic forecast will return to 2019 levels in 2024 at a low growth rate of 3.6 percent compared to 4.2 percent before Covid-19,” KCAA Director-General, Kibe said.

Kenya Airways resumed domestic flights last July while international travel started on August 1, 2020. The airline’s net loss was reported to be Ksh11.49 billion ($104 million) in the six months ended June— a 19.8 percent down from the Ksh14.33 billion ($129 million) loss it incurred in the preceding period. Its total losses over the years are reported to be Ksh127 billion ($1.15 billion).

Meanwhile, within the period, Kenya Airways handled 0.8 million passengers, a 20 percent reduction from the number served in six months of last year and 64 percent from half-year of 2019.

Likewise, passenger revenue dropped by 17 percent to Ksh20.23 billion ($183 million) while cargo revenue went up 60 percent.

Ekene Lionelhttp://www.theaviator.co.ug
Ekene Lionel is an author for The Aviator Africa, covering military aviation. He has worked as a journalist and defense tech writer for 5 years, much of that time focusing on military and emerging technologies.
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