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Kenya Airways...why ignore..
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maka
#10021 Posted : Friday, June 01, 2018 9:59:46 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:
Swenani wrote:
Obiero

Kenya Airways has announced additional 26 frequencies weekly between its hub at Jomo Kenyatta International Airport (JKIA) and destinations across Africa and Europe for the 2018 summer season, compared to the winter season schedule.

๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ I am glad Joseph & Mikosz are kicking KQ into full gear! No, I will not invest in KQ at 9/- today BUT I want to see KQ succeed so Kenya benefits and it can pay down loans to KE banks. Plus KQLC can sell off the shares!



Read today's business daily I have been yapping about that for a while now... As things stand KQ would only be around for another 2 - 3 years...
possunt quia posse videntur
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tandich
#10022 Posted : Friday, June 01, 2018 10:17:12 AM
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Swenani
#10023 Posted : Friday, June 01, 2018 11:57:59 AM
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Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
maka wrote:
VituVingiSana wrote:
Swenani wrote:
Obiero

Kenya Airways has announced additional 26 frequencies weekly between its hub at Jomo Kenyatta International Airport (JKIA) and destinations across Africa and Europe for the 2018 summer season, compared to the winter season schedule.

๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ I am glad Joseph & Mikosz are kicking KQ into full gear! No, I will not invest in KQ at 9/- today BUT I want to see KQ succeed so Kenya benefits and it can pay down loans to KE banks. Plus KQLC can sell off the shares!



Read today's business daily I have been yapping about that for a while now... As things stand KQ would only be around for another 2 - 3 years...


KQ should now get into matatu terminus management considering that they failed in running a matatu business from JKIA to town
If Obiero did it, Who Am I?
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Lolest!
#10024 Posted : Friday, June 01, 2018 1:15:22 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Quote:
Troubled national carrier Kenya Airways could soon merge with the Kenya Airports Authority (KAA) as part of a grand plan to deepen the airlineโ€™s recovery and cement Nairobiโ€™s status as a regional transport hub.

A policy paper seen by the Business Daily and which got the Cabinetโ€™s approval on Tuesday, says the aim is to reposition KQ in a similar fashion as its main rivals, including Ethiopian Airlines and Emirates Group, which have relied on government backing to expand their reach.

The move also appears to be in reaction to the financial difficulties the carrier has continued to experience even after last yearโ€™s completion of a major financial reengineering drive, causing concern that it may not be able to withstand competition in the very near future.

โ€œShould matters remain in the current state, KQ, the biggest revenue driver for JKIA [Jomo Kenyatta International Airport], may collapse or significantly reduce operations within the next year and JKIA will downgrade and eventually be relegated to the status of a regional airport as no foreign carrier will develop JKIA for the benefit of Kenya,โ€ KQ and the KAA said in a proposal document to the Cabinet.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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VituVingiSana
#10025 Posted : Friday, June 01, 2018 1:44:27 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,256
Location: Nairobi
Swenani wrote:
maka wrote:
VituVingiSana wrote:
Swenani wrote:
Obiero

Kenya Airways has announced additional 26 frequencies weekly between its hub at Jomo Kenyatta International Airport (JKIA) and destinations across Africa and Europe for the 2018 summer season, compared to the winter season schedule.

๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿผ I am glad Joseph & Mikosz are kicking KQ into full gear! No, I will not invest in KQ at 9/- today BUT I want to see KQ succeed so Kenya benefits and it can pay down loans to KE banks. Plus KQLC can sell off the shares!


Read today's business daily I have been yapping about that for a while now... As things stand KQ would only be around for another 2 - 3 years...

KQ should now get into matatu terminus management considering that they failed in running a matatu business from JKIA to town
Laughing out loudly Laughing out loudly Laughing out loudly I remember that. A cab was cheaper than their matatu biz!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#10026 Posted : Saturday, June 02, 2018 8:21:17 AM
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Joined: 6/23/2009
Posts: 13,890
Location: nairobi
tandich wrote:

"material effect on the price of KQ securities".. thanks for the share @tandich

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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maka
#10027 Posted : Saturday, June 02, 2018 2:58:59 PM
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Joined: 4/22/2010
Posts: 11,522
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obiero wrote:
tandich wrote:

"material effect on the price of KQ securities".. thanks for the share @tandich


possunt quia posse videntur
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obiero
#10028 Posted : Saturday, June 02, 2018 3:24:08 PM
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Joined: 6/23/2009
Posts: 13,890
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@maka pole sana

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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obiero
#10029 Posted : Saturday, June 02, 2018 3:27:14 PM
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Joined: 6/23/2009
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@maka pole sana on the buddy pass suspension

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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obiero
#10030 Posted : Saturday, June 02, 2018 3:28:45 PM
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Joined: 6/23/2009
Posts: 13,890
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@maka pole sana on the buddy pass suspension

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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maka
#10031 Posted : Saturday, June 02, 2018 3:59:53 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
@maka pole sana on the buddy pass suspension


So sad... He is even planning to stop the lifetime tickets for long serving employees...
possunt quia posse videntur
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VituVingiSana
#10032 Posted : Saturday, June 02, 2018 7:27:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,256
Location: Nairobi
maka wrote:
obiero wrote:
@maka pole sana on the buddy pass suspension

So sad... He is even planning to stop the lifetime tickets for long serving employees...
Aanze na Naikuni na Mbugua!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#10033 Posted : Saturday, June 02, 2018 9:19:06 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
maka wrote:
obiero wrote:
@maka pole sana on the buddy pass suspension


So sad... He is even planning to stop the lifetime tickets for long serving employees...

Be strong. KQ is larger than all of us

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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ArrestedDev
#10034 Posted : Monday, June 04, 2018 8:39:45 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
obiero wrote:
@maka pole sana on the buddy pass suspension


So sad... He is even planning to stop the lifetime tickets for long serving employees...


Full revenue tickets to be given priority given that the E190 are smaller especially during the high season.

Mikosz is going to wipe out the loss at the end of this year with these initiatives.
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Ericsson
#10035 Posted : Monday, June 04, 2018 9:06:46 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
ArrestedDev wrote:
maka wrote:
obiero wrote:
@maka pole sana on the buddy pass suspension


So sad... He is even planning to stop the lifetime tickets for long serving employees...


Full revenue tickets to be given priority given that the E190 are smaller especially during the high season.

Mikosz is going to wipe out the loss at the end of this year with these initiatives.


Everything going forward has to be paid for.
If Mikosz doesn't do that KQ will grind to a halt/shut down in 24 months
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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maka
#10036 Posted : Monday, June 04, 2018 10:54:01 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
ArrestedDev wrote:
maka wrote:
obiero wrote:
@maka pole sana on the buddy pass suspension


So sad... He is even planning to stop the lifetime tickets for long serving employees...


Full revenue tickets to be given priority given that the E190 are smaller especially during the high season.

Mikosz is going to wipe out the loss at the end of this year with these initiatives.


Everything going forward has to be paid for.
If Mikosz doesn't do that KQ will grind to a halt/shut down in 24 months


Buddy tickets are paid for... It's not free and you only fly when the plane is has space if you are an employee you can ask the pilot to give you the jump seat... What's the point of flying a plane with empty seats yet you can get paying employees to fill that...

Told you guys the other year revenue from the buddy system was like 120m...

Now it's 0.

Moving on swiftly a BTW...


possunt quia posse videntur
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obiero
#10037 Posted : Monday, June 04, 2018 12:03:08 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
@maka why would a KQ staff want to fly haphazardly rather than concentrate on his/her job.. plus stating that revenue would be zero isnโ€™t true. incase the staff genuinely needs to fly, he/she would still pay up at market rate

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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VituVingiSana
#10038 Posted : Monday, June 04, 2018 12:22:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,256
Location: Nairobi
@maka - Weren't buddy passes being given/sold to "buddies" so it wasn't just the employee BUT potential paying pax?
How much did a buddy pass pax pay?
If a buddy pax is only paying for taxes [which are given to GoK or other jurisdictions] then KQ has no advantage.

Were buddy passes being misused?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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ArrestedDev
#10039 Posted : Monday, June 04, 2018 3:09:14 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
VituVingiSana wrote:
@maka - Weren't buddy passes being given/sold to "buddies" so it wasn't just the employee BUT potential paying pax?
How much did a buddy pass pax pay?
If a buddy pax is only paying for taxes [which are given to GoK or other jurisdictions] then KQ has no advantage.

Were buddy passes being misused?


Loopholes leading to revenue leakage. It is even better for the plane to fly empty rather than these Ngunze's half baked ideas.

This guy called Mikosz knows exactly the underlying issues affecting the financial performance of the Airline. I wish he continues on this role for 5+ years.
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ArrestedDev
#10040 Posted : Monday, June 04, 2018 3:14:52 PM
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Joined: 5/29/2016
Posts: 898
Location: Nairobi
The JURY is out - I said it here.

Quote:
Kenya Airways is interested in the Bombardier CSeries or Embraerโ€™s E2 jet for a short-haul order of 15-20 aircraft, with a decision possibly coming at the end of this year, its chief executive told Reuters on Monday.


https://af.reuters.com/a.../kenyaNews/idAFL5N1T6038
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