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Kenya Airways...why ignore.. end 2025
Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Ericsson wrote:https://www.standardmedia.co.ke/business/article/2001299573/it-is-tears-for-owners-of-property-on-jkia-land
It is a fresh round of tears and pain for developers who have built on airport land with property worth billions set for demolition. An estimated 50 warehouses will be pulled down before October 28 when direct flights from the Jomo Kenyatta International Airport to New York commence. Undeveloped plots will also be restored to the Kenya Civil Aviation Authority (KCAA).
This was anticipated.. Its a very risky route for the USA COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,441 Location: Nairobi
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Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately. All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"... "New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down. KQLC should take a haircut and GoK should make good on its guarantees to KQLC. NOT AN EASY DECISION TO MAKE. Good luck! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Wewe unaishi kwa vacuum COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Or just spin-off JamboJet and make it the national carrier with leased assets. Leave the creditors to scavenge KQ. Sometimes painful decisions have to be made. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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sparkly wrote:VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Or just spin-off JamboJet and make it the national carrier with leased assets. Leave the creditors to scavenge KQ. Sometimes painful decisions have to be made. None of both your dreams are valid COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,441 Location: Nairobi
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Meanwhile KQ should support KK by buying fuel from KK. In cash. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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VituVingiSana wrote:Meanwhile KQ should support KK by buying fuel from KK. In cash. Wewe ngoja full year results kwa amani COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote: Tutazidi kufinya vinyangarika wote wanao filisi KQ.. Hapa kazi zitapotea. New York has to happen
@Obiero your Head of State and Commander in Chief of the Armed Forces has stated the US flight shall take off next week (Mashujaa Day Speech) Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Pesa Nane wrote:obiero wrote: Tutazidi kufinya vinyangarika wote wanao filisi KQ.. Hapa kazi zitapotea. New York has to happen
@Obiero your Head of State and Commander in Chief of the Armed Forces has stated the US flight shall take off next week (Mashujaa Day Speech) I was at the stadium my friend.. Now headed to Kakamega New Referral. The decision to dismiss was made last week on Tuesday when the rumor first floated.. Anyone who doesn't show up for work on the inaugural flight day, without good and just cause, is summarily dismissed. Simple COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Some inspirational KQ video COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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