Kenya Airways (KQ) plane at Jomo Kenyatta International Airport (JKIA). [Edward Kiplimo, Standard]
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Kenya Airways revenues from cargo last year hit Sh13 billion, a major milestone for the loss-making carrier. This is a key indicator that the airline’s efforts to diversify revenue streams and reduce heavy reliance on passenger revenue is paying off.
KQ’s cargo business is the only revenue stream that has posted consistent growth over time, nearly doubling over a four-year period, rising from Sh7.22 billion in 2017.
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