ProverB wrote:mwanahisa wrote:
I trust that this is a hypothetical situation. I am fairly certain that KQ cannot achieve this feat in this Half, unless of course you are referring to the Operating Profits which were a miserly 160 million. I expect this to go up by a factor of more than 10!!!
how do you propose the above to be achieved?.
Full Year 2009-10 Operating Profit stood at Kshs 1.839 B, while H1 2009-10 was Kshs 160 M. Ergo, H2 Operating Profit must have been Kshs 1.679 B. Replicate that in 2010-11 and you have your factor of 10x. Given the better operating environment in H1 2010-11, we would expect better.
See quote from Q1 2010-11 KQ's operating performance:
Uptake of total production at 1,892m revenue passenger kilometres represents a 9% growth compared to last year while the total passenger tally, which closed on 666,658 increased by 4%. The growth underpins increased long haul customer travel made possible by better economic environment. The resulting average cabin factor improved from last year’s level of 61.6% to 67.2%. Now, send out your BUY order!!! Buy me a beer someday if you make good on this.....hahaha.. I can buy you one if the bet turns otherwise.