Here's a thought.
Instead of putting in KES 60bn into KQ's current operations aka Black Hole...
KK has 1.5bn shares. At 20/- each = 30bn. KK (expects) to make KES 2.5bn PAT after the 400mn KPRL write-off.

So KQ can start earning KES 2.5bn PAT with just a 30bn investment. And KK can manage the fuel supply instead of KQ's (corrupt) finance folks who handled derivatives.

Instead of 35 marvelous years making KES 1bn... KQ can fill the 35bn hole in less than 10 years [increasing profits] if Ohana is left alone. Eventually, let a competent guy like Ohana run KQ.

Some sense there. A competent individual and team of senior managers will deliver better results. Ohana is indeed a living testimony. Sell assets and use it specifically to retire debt starting with the most expensive one.

The cup of tea phrase was elaborative speech.. Fact is more cash is being brought in by the increasing passenger numbers.. 28% jump is significant

Who can tell the guests when KQ last paid a dvd? The guests are now 3!

http://bankelele.co.ke/2...07/kqoperationpride.html

@vvs give 2 weeks or so.. finishing touches on the PJT Partner plan shall be released.. This stock will shock

Injection of new capital will not solve the problems that KQ is facing overnight. The 60 billion that you are quoting here is a figure that came out of the blues. The figure required is more than that considering the loan book stands at 100+ billion before other payments needed to be paid to suppliers.

Bankele's article - There is nothing tangible there. Maintenance costs soared in 2015/16 despite the fact that bigger aircrafts were not operated. A paltry 38% reduction in fuel cost yet fuel efficient aircrafts were operated. Reducing in-flight meals is a recipe for loss of customers. Cutting on staff training/travel is a recipe for poor service delivery. Handling contracts are standard and always comes with a fixed price i.e. as per the aircraft MOTW ( maximum take off weight)/ few options in terms of suppliers. Changing flight schedule with the hope of wooing EK pax (esp. Indians) is day dreaming.Only increase in sales will result in an improved performance.

Whether there is new capital injection or debt conversion into equity without a competent team with proven aviation experience then this turnaround will be an exercise in futility. KQ need to fly and generate revenue. The highest paid pilots need to be utilized to generate revenue, the same applies to the senior executives.

And today we rose to 4.10

@maka whats funny bro.. that was the high jana and we are not looking back. this one will shake the NSE. KQ will make me some cash soon and very very soon