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Jambojet Posts Ksh.873M Loss in 2024 on High Fuel Costs
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Jambojet Posts Ksh.873M Loss in 2024 on High Fuel Costs
Jambojet, a low-cost subsidiary of Kenya Airways (KQ), reported a Ksh.873 million loss in 2024, worsening from a Ksh.335 million loss in 2023. This, according to a report by Business Daily, was due to high fuel costs, a weak Kenyan shilling, and increased operational expenses from leasing two aircraft. Profitability was strained despite a 25% … The post Jambojet Posts Ksh.873 Million Loss in 2024 on High Fuel Costs first appeared on Metropol Dig…
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