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=== 2020s and the current state of recovery. === The airline announced plans to undergo a $1 billion restructuring in 2021 to help it recover from the [[COVID-19 pandemic in Kenya|COVID-19 pandemic]].<ref>{{Cite web |last=Gibertini |first=Vanni |date=2021-12-28 |title=Kenya Airways To Undergo $1 Billion Restructuring – AirlineGeeks.com |url=https://airlinegeeks.com/2021/12/27/kenya-airways-to-undergo-1-billion-restructuring/ |access-date=2023-07-04 |website=AirlineGeeks.com – LIVE. LOVE. AVIATION. |language=en}}</ref> Upon announcing major losses in 2022, the carrier announced plans to cut ties with the Kenyan government by the end of 2023.<ref>{{Cite web |last=Shalton |first=Victor |date=2023-03-27 |title=Kenya Airways Reports Massive Losses for FY 2022, Plans to End State Support by End of 2023 – AirlineGeeks.com |url=https://airlinegeeks.com/2023/03/27/kenya-airways-reports-massive-losses-for-fy-2022-plans-to-end-state-support-by-end-of-2023/ |access-date=2023-07-04 |website=AirlineGeeks.com – LIVE. LOVE. AVIATION. |language=en}}</ref> In 2024, Kenya Airways has demonstrated a strong performance turnaround, marking its first profit since 2013, a significant milestone driven by its Project Kifaru strategy. This plan emphasizes operational excellence, financial discipline, and an enhanced customer experience. For the first half of the year ending June 2024, the airline reported a net profit of Ksh513 million, a major improvement from the Ksh21.7 billion loss reported during the same period last year The airline’s profit after tax saw a remarkable 102% improvement, highlighting the success of the ongoing recovery strategy. Passenger numbers grew by 10% to 2.54 million, with an expanded capacity leading to a revenue increase of 22% to Ksh91 billion, The airline’s capacity, measured in Available Seat Kilometers (ASKs), increased by 16% to 7.991 billion ASKs, while Revenue Passenger Kilometers (RPKs) improved by14%.though cost management remains a challenge as operating expenses rose alongside growth in service capacity.<ref>{{Cite web |date=2024-08-19 |title=Kenya Airways Register First Profitable Half in 11 Years |url=https://wealthnote254.com/kenya-airways-register-first-profitable-half-in-11-years/ |access-date=2024-08-24 |website=WealthNote 254 |language=en-GB}}</ref> In March 2025, Kenya Airways reported a pre-tax profit of $42.82 million.<ref>{{Cite web |last=Agbetiloye |first=Adekunle |date=2025-03-25 |title=Kenya Airways posts profit in 2024 after over a decade of losses |url=https://africa.businessinsider.com/local/markets/kenya-airways-posts-profit-in-2024-after-over-a-decade-of-losses/9q28lsw |access-date=2025-03-25 |website=Business Insider Africa |language=en}}</ref>
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