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Kenya Airways...why ignore.. end 2025
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:[quote=maka]Changes...   [/quote All implicated in one way or another in the forensic audit. Fuel procurement was adversely mentioned.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances STALE NEWS!!!! We reported here long ago on this. Proceeds from the sale were received long ago and lease payments being paid for a number of months now.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! Starting with Naikuni....  These two planes are in the fleet. The B737-700 that you said are doing West Africa. You also posted on the LOS discussion.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters  how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale.
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Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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Waiting, patiently.. Files handed over to CMA for final approval http://www.businessdaily...30170-eggksbz/index.html COOP, IMH, KEGN, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,388 Location: Nairobi
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Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,388 Location: Nairobi
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obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M Hmmm, but doesn't FTG actually OWN their assets? [Positive NAV] Same with I&M Bank? [Positive NAV] Does KQ own the engines? Or the aircraft? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,388 Location: Nairobi
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ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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VituVingiSana wrote:ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. past tense, utilized long ago. Nothing to pay down debts.
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Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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ArrestedDev wrote:VituVingiSana wrote:ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. past tense, utilized long ago. Nothing to pay down debts. Very few companies can survive without debt COOP, IMH, KEGN, MTNU
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