Forex gains lift Kenya Airways from more than a decade of losses

National carrier Kenya Airways has posted its first full year profit after more than a decade of losses, buoyed by foreign exchange gains.

The airline posted an all-time high net profit of Ksh5.4 billion ($41.7 million) for 2024, a turnaround from a Ksh22.6 billion ($205.4 million) loss in 2023— its first full year profit in 12 years.