KENYA AIRWAYS RELEASES FIRST QUARTER RESULTS
Following the good news given only weeks ago when the full year results were published by ‘The Pride of Africa’ in Nairobi, the trend seems to continue with the release of first quarter data for the financial year 2011 / 2012. European capacity grew by a staggering 26.3 percent compared to the same quarter a year ago, spurred by the re-introduction of flights to Rome and more frequencies to London Heathrow, the latter to get yet more flights just as soon as slots have been secured.
Increases in capacity offered was even greater to West Africa where the use of the B767 on the routes to Lagos, Accra and Freetown, from the previously deployed B737-800, has made a significant impact.
Regional flights across Eastern Africa are up by a remarkable 7.5 percent, and considering the already deep penetration of this important market the increase is all the more significant as it continues to strengthen KQ’s dominant market position as a point to point and a hub airline, offering their passengers instant connections across the region, the continent and beyond.
‘The Winner’ though, compared with a year ago, is the domestic market which KQ re-entered with a vengeance and their 10 daily flights between Nairobi and Mombasa, their daily flights to Malindi and several flights a day to Kisumu have served notice to the market that the national airline of Kenya is intent to ‘show flag’ even on the home market, giving travelers wider choices at often eye catching offers.
Average load factors across the network also increased showing that the capacity increases were well absorbed in the market places.
Visit www.kenya-airways.com for more information and specific details about their financial and operational performance.