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Kenya Airways first-half loss narrows 15% as borders reopen

Kenya Airways first-half loss narrows 15% as borders reopen

Kenya Airways first-half loss narrows 15% as borders reopen

Kenya Airways reported on Wednesday that the first half of the year saw a 15% reduction in pretax loss because to an increase in passenger and cargo income brought on by the opening of borders and the relaxation of COVID-19 regulations.

Pretax losses for the airline were 9.861 billion shillings ($82.35 million), down from losses of 11.542 billion shillings a year earlier. First-half revenue jumped by 76% over the same period last year, while operational expenditures increased by 53%.

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At a conference, Kenya Airways officials stated that fuel costs were a significant cost factor and that the pretax loss would have been 3.328 billion shillings at last year’s fuel rates.

According to the chief financial officer of the company, The airline did not hedge on jet fuel in the first half but occasionally does and continues to observe market developments.

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Some important markets have had swift recoveries as a result of worldwide border openings. The first phase of the travel recovery is still being actively embraced by Kenya Airways.

Allan Kilavuka, CEO of Kenya Airways Group, is “confident” that the airline would resume growth and profitability in 2024 as a result of the restructuring and cost-reduction initiatives.

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Qatar Airways Adds Direct Toronto-Amritsar Flights with Stopover in Doha

Qatar Airways Adds Direct Toronto-Amritsar Flights with Stopover in Doha

Qatar Airways has made travel easier for passengers by announcing a new three-weekly non-stop service between Toronto, Canada, and Doha, Qatar, starting on December 11, 2024.

This new route provides seamless connectivity for travelers heading to Amritsar, offering a convenient alternative for the Punjabi diaspora in Toronto who wish to avoid the hassles of transiting through Delhi airport.

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In a joint press release, Anantdeep Singh Dhillon, FlyAmritsar Initiative North America Convener, and Sameep Singh Gumtala, Global Convener, highlighted that this new route addresses the long-standing demand for better travel options to Punjab.

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With this service, Amritsar will now have ten weekly flights to Canada via Doha, making the journey simpler and more comfortable for travelers who previously had to deal with long road trips, multiple layovers, and extended check-ins.

Flight Schedule and Connectivity

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The qatar air line from Amritsar will depart at 4:10 a.m. (local time) and arrive in Doha at 6:05 a.m. (local time). After a layover of 3 hours and 45 minutes, passengers will board the qatar airways flight from Doha to Toronto at 9:50 a.m. (local time) on Wednesdays, Fridays, and Sundays, landing in Toronto the same day at 3:55 p.m. (local time).

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On the return journey, the qatar airlines will depart from Toronto at 8:00 p.m. (local time) and arrive in Doha at 4:30 p.m. (local time) the following day. From there, passengers will catch the connecting flight to Amritsar at 8:40 p.m. (local time), reaching their destination by 2:40 a.m. (local time). The total travel time qatar seatmap for the journey is approximately 20 hours and 10 minutes.

This new route is a significant relief for travelers who have often faced the challenges of long road journeys to Delhi, lengthy layovers, and multiple check-ins. By streamlining the travel process, qatar Airways ensures a smoother and faster journey, enhancing the overall travel experience for passengers traveling between Canada and Punjab.

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