One of the things I like about David Ohana at KK is his measured approach to expansion. Slow but sure. He got rid of under-performing assets including Tanzania and I hope he does the same for Ethiopia. Ethiopia isn't loss-making but I'd rather have the cash from its sale. Ohana doesn't want to double his sales for the sake of it but he wants to increase PROFITABLE sales. KK has deliberately stopped/reduced supplying poor payers eg KQ.

KK is increasing its higher margin retail stations and LPG sales. In addition, plans to open a new lubricant blending plant are in place for the production of high margin lubes.

Another CEO, Nick Hutchinson, is expanding Unga's capacity slowly but surely. During the AGM, he said Unga will invest in a new Wheat Plant in phases over 3 years so as to manage the debt load prudently i.e. he wants Unga's cashflow (not just borrowings) to pay for the expansion. I expect a cap on dividends from Unga for 3 years but that is a-OK in my books as it obviates the need for a Rights Issue.

Unga has beefed up its Ugandan subsidiary and Kenyan units with "managers" to push development & sales of new products before the new mill is installed. Unga has also reduced its exposure to slow-paying customers/distributors including two (unnamed) supermarket chains.

What Naikuni did was believe his own bull***t. They bought too many planes for markets/routes that were not developed. Furthermore, the hedges that Mbugua, who I believe is a crook, entered into were suspect and saddled KQ with huge bills to pay. If KQ had gone with a slow replacement policy of the 767s with the 787s then KQ might have been OK.

Good luck to KQ but for "investment" purposes I shall stick to Unga and KK.

Still at KES 6..The bargain of 2016.. Can't wait to see FY results.. The only way for KQ is upwards

I just might bro, but only upon seeing the full year results

Kenya Airways Investors you can console yourselves the stock gained 20% this year.lol. from its low of 4.93.This is one pain n the butt stock.

The year is not yet over.The remaining three days can make a difference.
After closing prices on Friday the yearly gains and losses can be computed

USD 4billion is a lot of cash http://www.ibtimes.com/d...erited-northwest-2466305

[quote=VituVingiSana]Delta, unlike you know who, is very sensible about aircraft purchases. They also purchased "old" 757s at a low price, refurbished them and made tons of money.
An unnamed airline bought NEW 777s and 787s then started selling/leasing them at less than what it costs the airline.

http://www.briansumers.c...elta-air-lines-plane-is
http://onemileatatime.bo...bout-to-get-much-older/[/quote]
We thank our lucky stars that KQ is now up and running.. The move to bring in the 787 to cater for Mombasa upsurge during this holiday season shows that Ngunze and Joseph are not joking

Such a bold move by the pride of Africa. May not be wise, but it is bold

Eyeing = kukula kwa macho aka kumeza mate

Just received some additional critical data. Take off was already confirmed, and boarding call issued to all and sundry; but exact moment of lift off was not disclosed. Wait for February..