Kenya Airways profit plunges in FY2012

Kenya Airways reports (14-Jun-2012) the following financial highlights for the 12 months ended Mar-2012:

• Revenue: USD1222.8 million, +25.7% year-on-year;
• Total costs: USD1208 million, +33.2%;
• Operating profit: USD14.8 million, -77.5%;
• Profit/loss after tax: USD18.8 million, -53.1%;
• Passenger traffic (RPKs): +11.8%;
• Capacity (ASKs): +7.9%;
• Passenger load factor: 71.7%, +2.5% ppts. [more - original PR]

*Based on the average conversion rate at USD1 = KES88.2404