@Ric dees

Are you trying to tell us that you can modify planes to increase their capacity once they leave their manufacturers? Which Jua kali fundis do they employ to do this? Hehehehe.

Correct me if i'm wrong,The specs of the plane you want are given to the manufacturers before the construction is done.

Airlines make upto 40% markup on their cost. so imagine how much money they make when they fly a full plane!

Having paid 400 pounds apprx Ksh48,000 and got a refund of 300 dollars approx Ksh24,000 they ended up charging you 50% of the fare. Believe me KQ is making More money /plane than Emirates.

Last yr Kq made Ksh 5 Billion with 22planes as opposed to Emirates Ksh13.5 billion with 121 planes



Don't sit and wait - look for the next opportunity

Am amazed this @Ric Dees guy is more informed than all the lame ducks and duckettes who initially hopelessly opened their mouths hear (earlier).I have above average info about airplanes and the industry,but this guy Ric Dees is well informed about this industry.

Cheers Ric Dees...........

I was reading up on planes... and Wikipedia has great info on the various aircraft and their specifications...

As for KQ... it is true they have not made a loss for 10 years (on an annual basis) & it remains one of the few airlines (expected) to be profitable in 2009.

I think the 2008-9 results will be much better than what journalists/analysts have been predicting.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

This is the opportunity cost of retaining you as a customer. could be they used a smaller aircraft hence the numbers. its gain or loss depending on situation,think of guys going for biz or interviews.

I can teach anybody how to get whatever they want out of life. The problem is that I can't find anybody who can tell me what they want.' Mark Twain

@ VVS

True this is a very complex business with so many variables and you mentioned some..that said..I understand airlines cannot book more than 10% of the capacity and this is what was baffling me and..i understand how they might make money but i wanted to hear different ideas..As somebody asked / mentioned the flight i got into was fully booked and again some people were left and their in lies my querry..how are they able to make money under this circumstances and the present economic climate..but now i guess it's much clearer...

@SimonKabbz

Interesting you mention the F14 Tomcat and though am not sure but this is where they got the design from albeit for different purposes..the F14 most notable use of the retractable wing is during flight incorporating high Mach numbers,and this helps in dogfights as opposed to 777..but i don't think they are outdone on this..only time will tell they might just convince some Middle east carrier it's usefulness..

On a different note the Emirates A380 is a design marvel...during night flights ..if you look at the top of the fuselage you will be forgiven to think you are looking at the sky coz all you can see is the stars..and in the morning one is awoken by birds.singing/ chirps .like in jungle..awesome..





Heart is what separates the good from the great - Micheal Jordan.

Just to be clear... was your 2nd flight (the one you actually flew on) also over-booked?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

KQ,Eagle Airlines seal deal (right click,open link in new tab/window)


The thicker the thigh the sweeter the pie.

Gosh ! At times the knowledge levels in SK are humbling. I never could have mentioned a concentration of sharp minds anywhere than here.

My only concern is do i accumulate this stock till late next year ?


The Hedonist

Kausha,yua post is obviously from a point of ignorance,update your knowledge on KQ's financials then we can discuss!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.

Mc reggae

Which financials are you talking about? do you even know what are financials in the first place...i have on my desk KQ annual report 2008/09 otherwise read as 09,go to page 58 and look at loss / profit before taxation if you can't see (5,664m),then ......but in the event you understand what that number number is,come back i teach you how to digest financials.

Itz
Stop lying to us about capital intensive! there are businesses using more capital than KQ and churning out great ROICs. Look at oil,both upstream and downstream businesses they use much more capital than KQ and very regularly. So hiyo argument yako ni ya jobless corner not this forum. Look at other airlines and the ROIC they deliver,i have in mind Singapore airlines,Cathay,Qantas,Ryan air to name a few look at their ROIC and see what they get. KQ has been flying around like a headless chicken for sometime now,other than their great network which can easily be replicated they stink in everything else.

Also don't tell us about fuel,fuel pricing is part of KPIs of the executive management and Board! next time you will tell us KQ cant expand fast coz of pilot shortage! A soft example on KQ's botched leadership - how is it that KLM had hedged fuel below USD 80 and KQ was hedging at an AVCO of 112USD and yet KQ is an associate of KLM and has board members from KLM? what do they discuss in the board ? Look at the aircraft orders,KQ has among the worst procurement strategy its too reactive!