- Kenya Airways was established in February, 1977, following the break up of the East African Community and subsequent disbanding of the jointly-owned East African Airways.
- Starting in 1991, the government has given priority to privatisation of the airline.
- In the fiscal year 1993 to 1994, the airline made profit for the first time.
- In 1996, the airline started trading on the Nairobi Stock Exchange.
- Three years later, Kenya Airways was voted African Airline of the Year by African Aviation Magazine, a UK-based publication, and Best Regional Airline in Eastern Africa by Travel News, a Kenyan publication.
- In 2003, after receiving more awards for its services in the previous years, Kenya Airways acquires 49% shareholding in Precision Air, a Tanzanian carrier.
- In 2005, two new Boeing 777-200ERs join the fleet, and new routes are being opened.
- In March, 2006, Kenya Airways wins the 'African Airline of the Year' Award (for the previous year) for the fifth time in seven years.
- In early Spetember, 2007, Kenya Airways joined SkyTeam as an Associate Airline.
- In 2008, Travel News & Lifestyle Magazine votes Kenya Airways as African Airline of Choice, Best Regional Airline, Flying Blue voted the best Frequent Flier program and Msafiri - Best inflight magazine.
- Kenya Airlines aircraft have been involved in only two deadly incidents. The first one occurred on the 31st of January, 2000, when an Airbus A310 crashed into the Atlantic Ocean after takeoff from Abidjan, Côte d'Ivoire, killing 169 of the 179 people on board, and the second one took place in early May, 2007, when a Boeing 737-800 belonging to Kenya Airlines crashed in a mangrove swamp near Douala International Airport and all 114 people on board perished.