Amen @sparkly

I shall be right next to the DJ in a light blue Armani suit

All these stories. All talk, no action.

KK made Kenya's largest loss by a (listed) firm of KES 6bn. Then it was smashed by KQ year after year.

Ohana came in, didn't give shareholders stories but started working to reduce expenses. Within 18 months, KK was profitable.

There was no bailout by GoK. No government support. No big stories. No freebies to PR folk. No "GoK guaranteed debt at reduced pay out". No "Cleaned-up board and management" after 4 years.

The only item that matters "increase sales" is missing from the list.

Turns out... KQ can't even run a much smaller airline - Precision Air - without making huge losses despite having only 10 planes since 2013.

Revenue = TZS 90.75bn
Loss After Tax = 91.68bn

I kid you not. The idiots lost more than the REVENUE they took in.

"The Group incurred a net loss of TZS 92 billion for the year ended 31 March 2016 (31 March 2015: loss of TZS 84 billion) and as at that date, the Group’s current liabilities exceeded its current assets by TZS 232 billion (31 March 2015: TZS 139 billion). The Group was also in a shareholders’ deficit position of TZS 206 billion as at that date (31 March 2015: TZS 114 billion).
Furthermore, the Company incurred a net loss of TZS 91 billion for the year ended 31 March 2016 (31 March 2015: loss of TZS 83 billion) and as at that date, the Company’s current liabilities exceeded its current assets by TZS 228 billion (31 March 2015: TZS 136 billion). The Company was also in a shareholders’ deficit position of TZS 204 billion as at that date (31 March 2015: TZS 113 billion).
The Group continues to face working capital challenges to support its working capital requirements and to honour, in time, repayment of maturing loan obligations. The Group also has delayed remittance of statutory deductions and taxes to relevant authorities. These conditions give rise to uncertainty that may cast doubt about the Group’s ability to continue as a going concern and, therefore, the Group may be unable to realise its assets and discharge its liabilities in the normal course of business."

The missed another Item: Declaration of bankruptcy

I made you look :)

that's one keen eye. I salute you Lady AA.
if I were a creditor, I would be there with my Antony to serve my papers. I would seat between DJ and the gentleman clad in a blue suit albeit me would be in a scarlet red one n closely fashioned to isis favourite one and Texans ranger stilettos in toe. I would cause a scene close to an excerpt from the movie, desperado aka one man guitar.

KQ In talks with several parties on stake sale

What are they selling? Their planes are on lease, EBITDA is negative, 51% must be locally held to enjoy BLTs. This is nonsense.