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KQ in 2010-11 (Boom, Bust or Blah)

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PKoli		#341 Posted : Tuesday, October 19, 2010 12:48:40 AM
Rank: Elder Joined: 2/10/2007 Posts: 1,587		VituVingiSana wrote: If the strike is not settled bt 4 Nov then it is in KQ's best interest to report lousy results... IMHO, I hope KQ sacks those who go on strike... Or those who want to stirke should quit & find new jobs... 100,000-120,000/month is nothing to sneeze at... Management is to blame too. After past experience they do not seem to have a strategy of managing unionisable employees!
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VituVingiSana		#342 Posted : Tuesday, October 19, 2010 2:41:21 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi		PKoli wrote: VituVingiSana wrote: If the strike is not settled bt 4 Nov then it is in KQ's best interest to report lousy results... IMHO, I hope KQ sacks those who go on strike... Or those who want to stirke should quit & find new jobs... 100,000-120,000/month is nothing to sneeze at... Management is to blame too. After past experience they do not seem to have a strategy of managing unionisable employees! You can never manage unions unless you are ready to bankrupt the company! In USA, the car companies are dying... the airlines are in trouble... In France, the unions are very strong & behind the strikes/protests... In UK, Thatcher stared the unions down... Compare BA vs Ryan Air... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#343 Posted : Tuesday, October 19, 2010 9:23:42 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		PKoli wrote: VituVingiSana wrote: If the strike is not settled bt 4 Nov then it is in KQ's best interest to report lousy results... IMHO, I hope KQ sacks those who go on strike... Or those who want to stirke should quit & find new jobs... 100,000-120,000/month is nothing to sneeze at... Management is to blame too. After past experience they do not seem to have a strategy of managing unionisable employees! Who knows maybe the KQ staff know something we dont know...we might be looking at record profits...and they just want their share albeit at the expense of the shareholder...dividend sticks @ 1bob...no interim dividend of 0.75 bob or end year dividend of 1.75bob...overheads shoot thru the roof...operating margins drop...i'm with TN here...the workers demands r unrealistic...this Kenya/Africa not U.A.E/Emirates(an airline subsidized by their Gava).
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the deal		#344 Posted : Wednesday, October 20, 2010 12:19:01 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		KQ reports their 2010/2011 interim results in 2 weeks time i expect foreigners and insiders to start trooping in from next week if my calculations serve me right i expect an EPS of 3.5 (without world cup) and EPS around 4.5...if u factor in the world cup spin off...
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VituVingiSana		#345 Posted : Wednesday, October 20, 2010 6:29:25 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi		Here is an interesting article. http://www.flightglobal....-of-arab-expansion.html Note that these Arab airlines' aircraft fly 13-14 hours daily whereas many airlines fly only 8 hours. Money is made when aircraft are flying not sitting on the tarmac. @Horton - What is KQ's utilization for 777s? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#346 Posted : Thursday, October 21, 2010 6:23:14 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		http://www.sunnewsonline...oney-10-21-2010-002.htm TN talking to the Daily Sun of Nigeria...interview ranges from the recent strike to the decline in profitability.
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the deal		#347 Posted : Thursday, October 21, 2010 9:37:56 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Tomorrow i will be back on the boards...to grab more KQ @ 43 bob...BE GREEDY WHEN OTHERS ARE FEARFUL...thats what Warren Buffet told me...
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VituVingiSana		#348 Posted : Thursday, October 21, 2010 9:45:38 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi		I heard a rumor that KQ is introducing ALL-INCLUSIVE flights from NBO-MBA for 7,999/-... Now that would be awesome as a flier lakini even though it would hurt KQ's margins... what happens to the jamaas at Fly540??? Zain vs Safaricom vs Orange = Airtime Wars KQ vs Fly540 vs Jetlink = Airfare Wars Life is getting sweet for consumers! [Now only if I can find a cheaper way to get to the airport! Costs me 1,500/- in Nairobi + 800/- in Mombasa!!!! So my to/fro airport 4,600/- while my plane ride is 8,000/-] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Gordon Gekko		#349 Posted : Thursday, October 21, 2010 11:50:50 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		I used to save the Nbi taxi fare by taking a bus from the airport to the city centre (50/-) then a cab from town to my house (500/-) as opposed to a cab from my house to the airport (1,800/-). That was until I discovered Modern Coast (not Coast Bus), very comfortable, fast, smooth.
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VituVingiSana		#350 Posted : Friday, October 22, 2010 12:25:13 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi		Gordon Gekko wrote: I used to save the Nbi taxi fare by taking a bus from the airport to the city centre (50/-) then a cab from town to my house (500/-) as opposed to a cab from my house to the airport (1,800/-). That was until I discovered Modern Coast (not Coast Bus), very comfortable, fast, smooth. LOL... I have never taken a bus to the airport... Which one from town? And where? [BTW, most of my flights are early AM flights. Often with luggage...] I wish there was a good alternate like an airport shuttle coz I don't need a whole cab! If it wasn't for the cops hassling matatus at JKIA... I would just hire a matatu to take me to JKIA... From town to airport 30/- x 13 passengers = 390/- so paying the Matatu 400/- to drop me off is a good deal for them coz faster! They can always pick passengers on the return! In Kisumu, I took a tuk-tuk to the airport. Jamaa refused to go in & dropped me at the entrance. Lucky for me it was 'dry' + 1 bag coz the road was lousy/murram! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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