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Kenya Airways FY 2010/11 results
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Again... who really knows? Who audits? It is owned & controlled by GoE... So all 'internal' 90% of all African cargo is highly, highly unlikely. Kwani SAA, KQ, Air Maroc, Egypt Air [the other 4 large African airlines account for 10% only?] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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@ the deal, I hope ur watching KQ, and I hope u will not make the previous mistake @ 39 today...if u did average down sometime back...u would be far by now...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:Again... who really knows? Who audits? It is owned & controlled by GoE... So all 'internal' 90% of all African cargo is highly, highly unlikely. Kwani SAA, KQ, Air Maroc, Egypt Air [the other 4 large African airlines account for 10% only?] I hold no interests in KQ but that is financial propaganda of the highest order. Pu!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:Again... who really knows? Who audits? It is owned & controlled by GoE... So all 'internal' 90% of all African cargo is highly, highly unlikely. Kwani SAA, KQ, Air Maroc, Egypt Air [the other 4 large African airlines account for 10% only?] I hold no interests in KQ but that is financial propaganda of the highest order. Pu!! The Namibian has been drinking 'tej' coz I find it hard to believe that SAA + Royal Air Maroc + Egypt Air [all larger than ET or KQ] contribute less than 10%!!! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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VituVingiSana wrote:Cde Monomotapa wrote:VituVingiSana wrote:Again... who really knows? Who audits? It is owned & controlled by GoE... So all 'internal' 90% of all African cargo is highly, highly unlikely. Kwani SAA, KQ, Air Maroc, Egypt Air [the other 4 large African airlines account for 10% only?] I hold no interests in KQ but that is financial propaganda of the highest order. Pu!! The Namibian has been drinking 'tej' coz I find it hard to believe that SAA + Royal Air Maroc + Egypt Air [all larger than ET or KQ] contribute less than 10%!!!  the profits for Ethiopia Airlines speak for themselves, you can't argue with numbers..it might not be 90% but Ethiopia airlines is the largest cargo carrier in Africa google that.
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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the deal wrote:VituVingiSana wrote:Cde Monomotapa wrote:VituVingiSana wrote:Again... who really knows? Who audits? It is owned & controlled by GoE... So all 'internal' 90% of all African cargo is highly, highly unlikely. Kwani SAA, KQ, Air Maroc, Egypt Air [the other 4 large African airlines account for 10% only?] I hold no interests in KQ but that is financial propaganda of the highest order. Pu!! The Namibian has been drinking 'tej' coz I find it hard to believe that SAA + Royal Air Maroc + Egypt Air [all larger than ET or KQ] contribute less than 10%!!!  the profits for Ethiopia Airlines speak for themselves, you can't argue with numbers..it might not be 90% but Ethiopia airlines is the largest cargo carrier in Africa google that. Now you sound like @QW. You said 90% (very confidently) but then "it might not be 90%"... Even if ET is Africa's largest carrier... I think the combination of KQ + RAM + SAA & EA must be more than 10%... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rank: Member Joined: 7/3/2008 Posts: 238
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KQ just ordered another 10 Embraers, seems like the rights issue is imminent. http://www.airlinesandde...ys-air-astana-and-gecas/
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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[quote=Mali]KQ just ordered another 10 Embraers, seems like the rights issue is imminent. http://www.airlinesandde...s-air-astana-and-gecas/[/quote] Yes but i'm worried about their oil hedges, Oil offlate has taken a beating.
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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seems like KQ is # 6 in passenger: Bloomberg quotes 3,071,815 pax (2010) while KQ gave 3,137,000 pax. difference could be a result of KQ financial cycle. http://www.bloomberg.com...ers-carried-table-.html
A bad day fishing is better than a good day at work
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Kenya Airways FY 2010/11 results
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