Kenya Airways Half Year Announcement 2009 - 2010
The global economic melt down that started last year continued to adversely impact the airline's performance over the first half of the financial year to 30th September 2009. Although the Kenyan market is now recovering from the post election violence, the political climate remains volatile.
These results were also impacted by the strike called by the airlines unionizable staff. The strike occurred in August which is traditionally the highest peak in KQ traffic seasons.
These adverse effects were partly mitigated by new traffic generated in September on the successful launch of new destinations namely Ndola and Gaborone. Kenya realised a marginal recovery in the tourism industry although the airline passenger traffic dropped by 1.9% on prior year.
Read the full Press announcement here.
Read the Presentation here
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