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Kenya Airways (KQ) Realtime Stock Quote | Nairobi Securities Exchange | myStocks

Kenya Airways Ltd (KQ)

  
End of day - Aug 25, 2016
3.65
-0.05 (-1.35%)
3.70
Previous
3.65   -0.05 (-1.35%)
End of day - Aug 25, 2016
3.75
High
3.60
Low
31,900
Volume
117,685.00
Turnover
3.60 - 6.00
52-week Range
 
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Market Commentary

Kenya Airways' increase in operating costs has led to reduced margins with costs associated with leasing aircrafts and outsourcing services highlighted as the main problem. What is being done to overturn this situation?

Brief Company Profile

Market Segment: Main Investment Segment
Sector: Commercial and Services

Kenya Airways Limited is a Kenya-based company that operates in the aviation industry. The Company is engaged in providing international, regional and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The Company's segments include Passengers, Freight and mail, Handling and Others. It operates domestic flights and flies to around 60 destinations in Africa, the Middle East, Asia and Europe. It has around 50 aircrafts, either owned or on operating leases. These consist of around seven Boeing 777 wide body jets, six Boeing 787, five Boeing 767 wide body jets, 14 Boeing 737 narrow body jets, 18 Embraer regional jets and two Boeing 737 freighters. The Company operates KQ Holidays, a leisure unit, which caters to the leisure traveler for family holidays, weddings and honeymoons, as well as the business traveler for all meetings and conference needs with additional incentive travel. Apr 24, 2016

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