Kenya Airways into Focus: How the Airline Has Been Performing at the NSE

Success is a journey that is characterized by treacherous ups and downs. On this journey, some give up and lose hope while some, fail, rise up again, and continue to their ultimate destination.

Kenya Airways is a perfect example of such a brand that refused to remain on the ground, having slipped and almost went into an economic intensive care unit (ICU). In fact, the day it was announced that Kenya Airways had made a loss of more than 26 billion shillings, some people started writing a eulogy for the once vibrant pride of Africa.

A few years later, Kenya Airways is back. The airline has since launched direct flights from Nairobi to New York (United States of America) with the maiden trip set to take place on the 28^th of October 2018. But how has Kenya Airways been performing at the Nairobi Securities Exchange?

From the available data, Kenya Airway’s share price at the NSE has been rising steadily for the past 12 months.

The image below shows how the airline has been performing at the NSE:

From the image above, the share price for Kenya Airways reached its highest during the month of December 2017 and January 2018.

The share price used to come up with the image above is the average of monthly share prices.

The bar graph below shows the share price of Kenya Airways between January 2017 and January 2018:

The image below shows the share price of Kenya Airways per month from January 2017 to January 2018: