Bloomberg News

Kenya Airways Passengers Rose 18% in September Quarter

October 27, 2011

(Updates with company comment in third paragraph.)

Oct. 27 (Bloomberg) -- Kenya Airways Ltd., sub-Saharan Africa’s third-biggest airline, said passenger numbers grew 18 percent in the three months through September to 1.004 million.

Cargo tonnage increased 14 percent to 16,021 metric tons, the Nairobi-based company said in a statement e-mailed by the city’s stock exchange today.

The improvement was the result of flights introduced to Rome, Nampula in Mozambique, Malindi in Kenya, N’Djamena, the capital of Chad, and Ouagadougou, Burkina Faso’s capital, the statement said.

Shares in the airline gained the most in two weeks, rising 1.1 percent to 22.50 shillings by the 3 p.m. close in the capital, Nairobi.

--Editors: Hilton Shone, Ana Monteiro

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net


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