Sometimes you wonder that there are shareholders in companies like express,marshalls and others.Why someone is still their is a puzzle.

trading doesnt pay much.Its the same with gambling.With you i understand why you are in KQ.i understand why vvs is in kk.But i feel for those who just follow the crowd.They are in kq because obiero says its good.They are in kk because vvs says its good.They are in Rea vipingo because Ebenyo says its good.

Preach @hisah

But its been said Ksh 1.00 in the 60's is close to Ksh 1,000.00 today, so how does this really help.

Inflation was very low in those years.Kenya shilling was strong against the dollar.An investor who took advantage of changing economic climate is now resting easy.

Kenya Airways PLC (KQ) continued to reaffirm its progress towards recovery with its third quarter operating results ended 31 December, 2016.

The airline put into the market place a total capacity of 3,553 million seat kilometres compared to 3,676 million offered in a similar period prior year, representing a 3.4% reduction year on year. During this quarter the airline continued its network optimisation, enhancing operations into the Indian Ocean Island of Zanzibar via Kilimanjaro and to Capetown via Livingstone.

The capacity offered into Europe, using the Boeing 787, remained largely at par with the prior year. Capacity offered into the Middle East, China and India declined compared to same period the prior year as the airline deployed the Boeing 787-8 and Boeing 737-800 aircraft, as compared to the higher capacity Boeing 777-300 largely used in the previous year.



During the period the airline continued to invest in Africa, its mainstay. Capacity offered to Northern Africa region grew by 9.6% compared to prior year driven by increased frequencies to Addis Ababa and Juba. In the East African region capacity grew by 7.1% driven by more operations on the Boeing 737-800, which has a higher capacity, and additional frequencies.

Capacity offered into West, South and Central African regions grew by 2.5% compared to same period in the prior year with the introduction of the Nairobi-Entebbe-Bangui route, as well as the Nairobi-Doula-Bangui flight. The airline, however, suspended Gaborone and Abuja operations in November in an effort to optimise operations in Africa during the quarter.

Additional frequencies offered by Jambojet into Ukunda, Malindi and Lamu saw capacity on the domestic front grow by 1.5% during this quarter compared to the same period the prior year.

During this quarter the airline continued to operate a smaller fleet more efficiently, as part of its recovery strategy. The total passengers uplifted by the more efficient airline stood at 1.12 million, 4.8 % growth, achieving a cabin factor of 72% compared to 68% achieved during the same period last year.

Passenger traffic measured in revenue passenger kilometers at 2,556 million grew by 2.3% compared to the same quarter prior year.

The passenger uplift to Europe stood at 102,749, a growth of 2.8%, despite a 0.7% capacity decline, driving the seat occupancy level to a higher Cabin Factor of 83% compared to prior year’s 80%.

Despite a reduction of 15.6% in capacity, the uplifted passenger traffic at 138,700 in the Middle East and Far East regions showed a decline of 6.8% on prior year level, but an improvement of 5.3% from 65.9% to 71.2% cabin factor.

Passenger numbers in Africa, excluding Kenya, continued to grow. Passengers uplifted stood at 530,842, a 5.2% growth, during the quarter compared to same period the prior year. The achieved passenger Cabin Factor improved by 3.4% to 65.6% compared to prior year.

In Kenya, passenger uplift grew to 347,136, a 10.3% increase, driving Cabin Factor up by 3.3% to 79.0%

Mr Ngunze will stay on until we've completed the financial restructuring process which has taken much longer than expected" Michael Joseph

“Obiero. Good things are happening at KQ but if you stood outside and read the blogs, the newspapers, you would think we’re not even operating,” Mr Ngunze