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Kenya Airways...why ignore..
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hisah
#861 Posted : Sunday, August 17, 2014 7:48:29 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
mibbz wrote:
VituVingiSana wrote:
obiero wrote:
Titus Naikuni has taken the boldest step ever.. Always finish your career on a high
What bold step?


Possibly continuing flights into affected regions despite the ebola outbreak. Corporate greed at its best

Can KQ afford suspending west africa's lucrative trips in the midst of a tourism slump? Money got no morals. High risk move and if the bet goes against them...

KQ cant afford this travel ban. Mr market will not like this ban...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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dunkang
#862 Posted : Sunday, August 17, 2014 8:20:36 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
hisah wrote:
hisah wrote:
mibbz wrote:
VituVingiSana wrote:
obiero wrote:
Titus Naikuni has taken the boldest step ever.. Always finish your career on a high
What bold step?


Possibly continuing flights into affected regions despite the ebola outbreak. Corporate greed at its best

Can KQ afford suspending west africa's lucrative trips in the midst of a tourism slump? Money got no morals. High risk move and if the bet goes against them...

KQ cant afford this travel ban. Mr market will not like this ban...

According to KQ, West Africa contributes less than a quarter of total revenue. OK, lets just say, 20%.

Nigeria and Ghana route still remain. So cancelled destinations/routes may be contributing less than 7% of total revenue.

7% is no where insignificant for a loss making firm.
Receive with simplicity everything that happens to you.” ― Rashi

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Akenyan2014
#863 Posted : Sunday, August 17, 2014 10:26:51 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
dunkang wrote:
hisah wrote:
hisah wrote:
mibbz wrote:
VituVingiSana wrote:
obiero wrote:
Titus Naikuni has taken the boldest step ever.. Always finish your career on a high
What bold step?


Possibly continuing flights into affected regions despite the ebola outbreak. Corporate greed at its best

Can KQ afford suspending west africa's lucrative trips in the midst of a tourism slump? Money got no morals. High risk move and if the bet goes against them...

KQ cant afford this travel ban. Mr market will not like this ban...

According to KQ, West Africa contributes less than a quarter of total revenue. OK, lets just say, 20%.

Nigeria and Ghana route still remain. So cancelled destinations/routes may be contributing less than 7% of total revenue.

7% is no where insignificant for a loss making firm.


@dunkang 7% of 100B translates to 7B which is not small. The macro-environment is getting more unfriendly. The problem is that a disappointed frequent passenger may never come back. Govt. bail, that's what I see.
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obiero
#864 Posted : Sunday, August 17, 2014 11:03:19 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Akenyan2014 wrote:
dunkang wrote:
hisah wrote:
hisah wrote:
mibbz wrote:
VituVingiSana wrote:
obiero wrote:
Titus Naikuni has taken the boldest step ever.. Always finish your career on a high
What bold step?


Possibly continuing flights into affected regions despite the ebola outbreak. Corporate greed at its best

Can KQ afford suspending west africa's lucrative trips in the midst of a tourism slump? Money got no morals. High risk move and if the bet goes against them...

KQ cant afford this travel ban. Mr market will not like this ban...

According to KQ, West Africa contributes less than a quarter of total revenue. OK, lets just say, 20%.

Nigeria and Ghana route still remain. So cancelled destinations/routes may be contributing less than 7% of total revenue.

7% is no where insignificant for a loss making firm.


@dunkang 7% of 100B translates to 7B which is not small. The macro-environment is getting more unfriendly. The problem is that a disappointed frequent passenger may never come back. Govt. bail, that's what I see.

Meanwhile, Ethiopian continues with its up and up. Hurts to read this
COOP, IMH, KEGN, KQ, MTNU
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mwekez@ji
#865 Posted : Sunday, August 17, 2014 2:21:58 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
obiero wrote:
Akenyan2014 wrote:
dunkang wrote:
hisah wrote:
hisah wrote:
mibbz wrote:
VituVingiSana wrote:
obiero wrote:
Titus Naikuni has taken the boldest step ever.. Always finish your career on a high
What bold step?


Possibly continuing flights into affected regions despite the ebola outbreak. Corporate greed at its best

Can KQ afford suspending west africa's lucrative trips in the midst of a tourism slump? Money got no morals. High risk move and if the bet goes against them...

KQ cant afford this travel ban. Mr market will not like this ban...

According to KQ, West Africa contributes less than a quarter of total revenue. OK, lets just say, 20%.

Nigeria and Ghana route still remain. So cancelled destinations/routes may be contributing less than 7% of total revenue.

7% is no where insignificant for a loss making firm.


@dunkang 7% of 100B translates to 7B which is not small. The macro-environment is getting more unfriendly. The problem is that a disappointed frequent passenger may never come back. Govt. bail, that's what I see.

Meanwhile, Ethiopian continues with its up and up. Hurts to read this


Now the chap relents: Kenya Airways suspends flights to Liberia, Sierra Leone

http://www.businessdailyafrica....64/-/7anrao/-/index.html

http://www.kenya-airways.com/up...eone%20and%20Liberia.pdf
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maka
#866 Posted : Sunday, August 17, 2014 6:20:50 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Plans to have direct flights to Beijing and Shanghai will be scrapped yet they had even got a station manager to work there,2 of the planes recently bought are going to be leased out...
possunt quia posse videntur
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VituVingiSana
#867 Posted : Sunday, August 17, 2014 7:41:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
maka wrote:
Plans to have direct flights to Beijing and Shanghai will be scrapped yet they had even got a station manager to work there,2 of the planes recently bought are going to be leased out...
Why are they scrapping the destinations? I thought these were core destinations. Will they get more for the leases than their payments?

I am glad I de-planed (at a loss) and didn't board again despite the temptation. It's just a matter of time [if what @maka says is true] that it will drop to below 10.

Naikuni came to KQ when the price was around 8/- and will leave when the price will be probably be around 8/-.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Sunday, August 17, 2014 7:43 PM | Reason: Not specified
VituVingiSana
#868 Posted : Monday, August 18, 2014 1:07:19 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
I don't think the revenue loss will be as bad as Business Daily makes it out to be but... http://www.businessdaily.../1/-/tuvs0s/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mibbz
#869 Posted : Monday, August 18, 2014 1:10:21 AM
Rank: Member

Joined: 2/18/2011
Posts: 448
Maka on the contrary by scrapping the 2 west African routes they might be keen on opening up Shanghai & Beijin faster.
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obiero
#870 Posted : Monday, August 18, 2014 7:53:00 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
mibbz wrote:
Maka on the contrary by scrapping the 2 west African routes they might be keen on opening up Shanghai & Beijin faster.

I thank God for the significant holding of KLM & GoK.. May the market open and reveal the real floor of KQ share. Fingers crossed, ready for the dive
COOP, IMH, KEGN, KQ, MTNU
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