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Fiscal year 2022: Kenya Airways records an increase in revenue

30/03/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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During the fiscal year ending December 31, 2022, Kenya Airways recorded an increase in revenues, losses and operating costs. The company released the information during a virtual information session for investors, after releasing its financial results for the year in question.

Kenya Airways (KQ), the airline released the latest statistics on 27 March. She shows through her document that the total turnover in 2022 was 890 million dollars, an increase of 66% compared to the previous year. Thus, the group's operating costs increased by 93% due to rising operating and fuel costs.

La compagnie forecasts a sustainable recovery by 2024, with turnover being only 5% lower than pre-pandemic levels. Similarly, 3.7 million passengers were carried in 2022, an increase of 68% compared to 2021.

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