Kenya Airways says its fuel cost up 72% due to Middle East conflict

According to Business Recorder, Kenya Airways says the Middle East conflict has lifted its fuel costs by 72 per cent in the first half of 2026. The carrier also reported delays in receiving spare parts and maintenance supplies for its aircraft. Fuel now accounts for as much as half of total spending, acting chief executive George Kamal told reporters in Nairobi on Wednesday.

Kamal said the airline's small fleet of 40 planes leaves it hit harder than bigger operators, as a global shortage of aircraft supplies affects many carriers. Lower aircraft availability and worldwide inflation would also feed into revenue, he added. Two Boeing 737s are still awaited, while two others due in April failed inspection tests and were turned away.

Kenya Airways is reviewing each contract to save money, since profit per seat is only $1.50, Kamal said. The carrier posted a pre-tax loss of 17.93 billion Kenyan shillings ($138.56 million) last year on weaker revenue, following a rare profit in the previous period. Its 2026 half-year results are due to be announced early next week.