Kenya Airways faces fuel pressure as stock covers 50 days

NAIROBI, Kenya, Mar 29 – Kenya Airways is grappling with rising jet fuel costs and supply uncertainty, with current reserves estimated at about 50 days as global disruptions strain oil supply chains.

The airline says the challenge is not just availability but also surging prices, which are weighing heavily on margins and limiting its ability to pass costs to passengers.

Jet fuel prices in Africa have climbed to about $211 per barrel, significantly higher year-on-year, forcing the carrier to absorb additional costs.

As a result, the airline has initiated a network review that could see cuts to less profitable routes as it seeks to reduce fuel consumption and contain expenses.

The supply pressure is linked to escalating tensions in the Middle East, particularly around the Strait of Hormuz, a key global oil transit route, where disruptions have pushed up fuel costs.

Kenya Airways says it is exploring alternative sourcing options and operational adjustments, while also expanding cargo operations to cushion revenues amid the sustained cost pressure.