Down: Profits dipped slightly owing to increased competition, and the weakening US dollar. Kudos’ to the NSE for the timely release of company accounts (now if they could only offer .txt alternatives alongside the huge PDF files). Sooner or later a company is going to reach a limit – and either report flat (or declining) revenue or profits, but shareholders don’t take too kindly to the inevitable.
Pilot stabilizes: In the wake of the KQ 507 crash, the airline MD has released a statement on safety issues to quell murmurs that the airline operations were stretched in pursuit of profit. Another statement of reassurance from a former manager.
Up: The airline has been voted Africa’s Leading Airline by readers of Travel News magazine. KQ also won for best regional, local airline, Msafiri magazine and frequent flier programme (with KLM).