Kenya Airways’ announces profit margins
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Kenya Airways recently announced its growth results for the first quarter ending 30 June 2013. The capacity into Middle East and Far East regions grew by 12.8%.
This was driven by introduction of daily operations to Guangzhou via Bangkok, coupled with increased deployment of larger B777 equipment to Bombay. The recommencement of flights to Jeddah, Saudi Arabia and direct flights from Dubai to Hong Kong added to the capacity.
Abraham Joseph, area manager, South Asia, Middle East, and North Africa for Kenya Airways, said: “ We look forward to an equally, if not better, performance in the second quarter as summer travelers take off from the region on holiday to other parts of the world.”
Capacity put into Europe was at par with same quarter of prior year despite the withdrawal from Rome, because of additional two weekly frequencies to Paris.
The company witnessed total capacity of 3,464m seat kilometres providing a year-on-year growth of 3.0%. Passenger traffic measured in revenue passenger kilometres (RPK) grew by 5.8% ahead of the same quarter last year. The total passenger carrying at 932,912 was 10.9% more compared to 2012 achieving a cabin factor of 67.3% against prior year’s level of 65.5%.
In the Middle East and Far East regions, uplifted passenger traffic at 139,275 showed a 12.3% improvement over prior year. The realised cabin factor of 70.2% in this region was 2.1 percentage points better than last year.
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