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KQ in 2010-11 (Boom, Bust or Blah)
Iborian
#621 Posted : Monday, April 18, 2011 4:53:20 PM
Rank: Member

Joined: 4/17/2009
Posts: 194
Pray OMG! OMG!Pray

ProverB wrote:
seketes wrote:
have just placed my offer @46.Am optimistic it will hit there.God Intervene.

Eh? Eh? Eh?
..aaand where have you placed such an order? Aje sasa?

VituVingiSana
#622 Posted : Friday, April 29, 2011 5:53:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
http://www.facebook.com/...te_id=10150223567046703

Kenya Airways releases its operating results for the fourth quarter ended 31st March 2011.



The company put into the market capacity totalling 3,306m seat kilometres which was 12.5% better than prior year’s level as a result of incremental frequencies and introduction of new destinations in the second and third quarter. New destinations launched in the course of the year included Rome, Muscat, Juba, Luanda, Nampula and Malindi.



Capacity offered into Europe registered a 11.5% growth compared to the same quarter of prior year. This was largely due to the introduction of flights to Rome and increased frequencies on the London route. The Middle East, Far East and Asia regions grew by 8.0% compared to the same period prior year. This is attributed to the introduction of Muscat flights via Dubai.



The Northern Africa region grew by 17.4% in capacity owing to the introduction of daily flights into Juba in Southern Sudan on the Embraer aircraft and Djibouti via Addis. Capacity availed into the East African region grew by 5.8% compared to prior year due to better synchronization of KQ schedules with that of Precision Air on both Tanzanian and Zanzibar connections and increased frequency in Bujumbura and Antananarivo.



A 20.1% growth was registered in the Southern African region due to additional frequencies into Johannesburg, Harare and Lusaka together with the additions of Luanda and Nampula into the network. Capacity offered into the Central African region grew by 16.5% largely due to increased frequencies on the Douala via Bangui route. The capacity into West Africa grew by 7.7% mainly on the Dakar via Bamako route.



The highest seat kilometre increase was registered in the Domestic front. Capacity grew by 63.4% as a result of increased frequencies and capacity into Mombasa and the reintroduction of Malindi compared to the same period prior year.



Uptake of total production at 2,205m Revenue Passenger Kilometres represents a 13.5% growth compared to prior year while the total passenger tally, which closed at 791,302 increased by 13.7%. The resulting cabin factor was at par with prior year’s level averaging 66.5%.



On 16th March 2011 the company achieved a major milestone when the cumulative annual passenger count hit record 3millon passengers across the network.



Cargo tonnage at 14,326 increased by 5.2% compared to prior year’s level due to focus on high dense cargo and the gradual recovery in the perishable market segment with improved weather patterns.



Passenger uplift to Europe at 118,035 indicates a 16.3% year on year growth backed by 11.5% capacity growth resulting to 69.7% occupancy level which is 2.1 points higher than prior year.



In the Middle East, Far East and Asia regions passenger traffic increased marginally by 6.6% against a capacity growth of 8.0%. The realised cabin factor of 75.6% was at par with prior year.



Within Africa but excluding Kenya, passengers carried totalled 385,812 indicating a growth of 6.0% compared to a 12.7% capacity growth, thus the resultant passenger cabin factor of 59.5% remained flat on prior year’s level.



Passengers uplifted within Kenya at 174,451 improved over prior year by 38.3%. This was a result of the company’s revamp on domestic routes offering competitive fares coupled with more frequencies in a move designed to consolidate its dominance in the domestic flight market.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#623 Posted : Friday, April 29, 2011 6:10:24 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Additional frequencies to J'burg? Wasn't aware - is this now three flights a day? Same equipment?
the deal
#624 Posted : Friday, April 29, 2011 6:33:55 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Good but not strong Passenger numbers from KQ...lemme digest them over the weekend and see what i come up with.
VituVingiSana
#625 Posted : Friday, April 29, 2011 7:06:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
the deal wrote:
Good but not strong Passenger numbers from KQ...lemme digest them over the weekend and see what i come up with.

13.5% growth in numbers not strong?
What I need is the growth in numbers ex-Kenya...
That is double digit growth in a tough environment especially the volatile 4Q...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#626 Posted : Saturday, April 30, 2011 7:41:52 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Yesterday's nation. KQ has increased fares due to high fuel costs
Life is short. Live passionately.
ProverB
#627 Posted : Saturday, April 30, 2011 9:57:25 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
enough with the passenger numbers pleas? they mean nyet without showing cost kq incurs per passenger!!!! Hata mike sonko had all his matts ferry passengers to town and back for free and had a deluge of passenger numbers...but zero profit!! nkt.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
VituVingiSana
#628 Posted : Sunday, May 01, 2011 3:55:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@proverb - Well, then wait till the end of May [when they traditionally release the results]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#629 Posted : Tuesday, May 10, 2011 2:34:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Which local airline is the next one to go bust?
http://www.nation.co.ke/...8/-/71q016/-/index.html

High fuel prices will hurt everyone including KQ. A pity if we lose local competition which made travel affordable in Kenya!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Pierce
#630 Posted : Tuesday, May 10, 2011 8:52:07 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Unless fuel prices stabilize downwards, it is becoming increasingly difficult for small point-to-point carriers to remain afloat.
They will keep downsizing and will eventually be ran out of town by the bigger network carriers, majorly due to efficiency in opeartions that's inherent in a network modelled carrier.

Once the smaller carriers have closed shop, the obvious shall happen as regards airfares, we all know what monopolies do.
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