I hear there will be a big announcement this week...,!

It's about the Rights issue actually

A review of KQ's 1Q 2011/12 Passenger Numbers



1. Average Load Factors for the 1Q of 2011 came in around 68.1% slightly lower the 69.2% load factors achieved in FY 2010/2011. KQ's break even load factors for 2010/11 were 63.6%

2. Total passengers airlifted in 1Q of 2011 stood at 850908 which is 27.4% of the total passengers airlifted in FY 2010/2011

3. Considering KQ's Revenue per Available Seat Kilometer (RASK) for FY 2010/11 was 6.67 USc, one can easily estimate revenue for 1Q 2011/12 to be around Sh23.7 Billion if RASK increased by 5%

So as you can see from the above KQ started FY 2011/12 with a Bang!

Read more here http://www.contrarianinv...reliminary-analysis.html

Yep 3Q and 4Q are the busiest I have been testing my formula...its been pretty accurate in estimating revenue...2011/12 looks strong but not as strong as last year...i'm worried about the recent salary hike...it my temper with margins.

With South Sudans International Investor Conference in Oct.it will be BOOMING biz for KQ and if they like what they see it'll be avalanche repeat biz going forward.