@hisah, @Gadaffi, on the court case, we may go by that link given by @obiero.

@Obiero, H1 results was a net loss of KES 4.778 Billion. How could KQ have made a massive net profit of KES 4.338 Billion in H2 results so that FYR can be the said 'respectable' net loss not exceeding KES 450 Million

The horse itself painted a neutral picture on its 3Q operating statistics. http://www.kenya-airways.com/Ho...3_OCT_to_DEC_2012/?dis=y

The total passenger tally, which closed at 991,149, indicatef a growth of 3.6% compared to similar period last year. The resultant cabin factor (the number of seats sold)at 69.7% was lower than prior year’s 71.7%.

Within Africa but excluding Kenya (which contibutes c50% of revenue), passengers uplifted totalled 516,894 indicating a growth of 2.9% on the back of 10.1% capacity growth. The resultant passenger cabin factor of 63.6% was 4.5 percentage points lower than similar period last year.

Passenger uplift to Europe (which contributes c26% to revenue) at 95,036 was a reduction from last year’s level of 117,527 following capacity reduction of 26.6% compared to the same quarter of prior year due to capacity rationalization occasioned by the Euro zone crisis and the suspension of the Rome flights.

The two regions mentioned above, which are the main KQ routes, hadn't done well as at end of Q3. I honestly dont expect the H2 profit you allude.

On fuel derivatives, they have been a double edged sword in the past and i dont think anybody should buy KQ based on this coz its not KQ business.

That said, KQ remains a very high beta stock for both FAs and TAs

Unless there's a turn around in operating margins..it is as crap as the first day i put this up... and getting worse... the answer is not in increased revenues but in managing costs of acquiring that revenue.

..of-late, travelers are heaping praise on KQ for its inflight services..i still wonder..at what cost are these services? ...and NO, i'm not calling for crappy service either..just for services whose cost is recoverable in their pricing of services

..there's a financial advice that cautions against spending money you don't have on things you don't need to please people you don't even care about.

Can someone offer Naikuni a job in civil service?...so that he leaves KQ

Any recommendations on who should, in your opinion, take over?

Would you recommend internal sourcing or an outsider for the corner office?

Be careful what you wish for. Naikuni might be appointed as the CAbinet Secretary for transport and communication and end up formulating policies which annihilates KQ even further.