Industry and Trade

KQ’s JamboJet posts 126 million in profit and 20% growth in passengers

Last year, the airline (JamboJet) recorded a Sh287 million loss during its first full year of operation but its fortunes have quickly turned around.

KQ’s low cost carrier, JamboJet, has posted a Sh126 million profit in its second year of operation underlining increased use of domestic air travel. In the course of the year, the airline also increased its fleet with two additional planes.

The airline carried 572,010 passengers in the year ended March up from 480,092 in 2015, marking growth in traffic by nearly 20 per cent. This is according to listed carrier KQ’s annual report.

Last year, the airline (JamboJet) recorded a Sh287 million loss during its first full year of operation but its fortunes have quickly turned around.

Read: Jambojet, KQ’s low cost carrier becomes first airline in the region to offer onboard advertising

The carrier operates flights between Mombasa, Eldoret, Nairobi and Mombasa with air fares as low as Sh2,950 one way.

Most Popular

To Top