Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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jmbada wrote:obiero wrote:maka wrote:obiero wrote:Yes. We already saw the KQ operating profit recently.. So right now it's all about the bottom line. With the recent moves in Cape Town, Mauritius, Gabon, USA and now Somalia, the revenues can only face one way as there are now only two serious African carriers Costs are off the roof... Hapa hakuna net profit in the foreseeable future... Maybe 2023. You lie at such a late hour? How ungodly! KQ costs have been on a quarter to quarter decline over the last 5 years and USA launch had to eat up some cash.. Nothing is free in this world, KQ is renting office space in 1835 Broadway suite 604 as its sales office. In the middle of New York city, of course it's expensive! Nothing ventured, nothing gained. Spend money to make money  Bear in mind that this is mid-year AND unaudited....yet this is the best they could publish? It's a much improved performance for a company that is turning around. We all know KQ is loss making at the moment but the question is will it remain KQ ABP 4.26
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