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Kenya Airways...why ignore..
Rank: Member Joined: 1/1/2011 Posts: 396
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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?
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 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 HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:maka 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 If they make a profit I will buy you a Macallan Fine Oak 21 YO... Na buddy pass zinarudi... Whoop whoop... I offer Glenfiddich 12 incase you overcome my prophecy of a profit by H1 2019 Deal... possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,050 Location: Nairobi
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BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ [TWEET]1062424727875149826?s=19/TWEET] Kudos for the quick reaction by management Then let them concentrate on mogadishu and timbuktu. That is where they belong.
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Rank: Member Joined: 1/1/2011 Posts: 396
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obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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jmbada wrote:obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons Winter couples up with Xmas. Who travels away from home over this season HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:jmbada wrote:obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons Winter couples up with Xmas. Who travels away from home over this season Ummh why did we not start with 3 flights per week? possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI
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Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777. Is this true Maka Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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maka wrote:obiero wrote:jmbada wrote:obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons Winter couples up with Xmas. Who travels away from home over this season Ummh why did we not start with 3 flights per week? Because when you are starting out a cosmetic, electric, electrical or any other shop you stock every necessary item in hope of a possible sale and demand thereafter guides you on the restocking levels HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:obiero wrote:jmbada wrote:obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons Winter couples up with Xmas. Who travels away from home over this season Ummh why did we not start with 3 flights per week? Where was the data to determine the days of the week? Non-stop then scale down as the information is received from the bookings seems the best option. Your fat CEO beats everyone else in strategy. Anticipated losses already mitigated through the reduction in frequencies.
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Rank: Member Joined: 1/1/2011 Posts: 396
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obiero wrote:maka wrote:obiero wrote:jmbada wrote:obiero wrote:maka wrote:VituVingiSana wrote:BD reports that KQ is cutting down on NBO-NYC flights during the winter season. Well... š¤š¤š¤š¤š¤ Kudos for the quick reaction by management Viboko for attrocious demand projectuons Winter couples up with Xmas. Who travels away from home over this season Ummh why did we not start with 3 flights per week? Because when you are starting out a cosmetic, electric, electrical or any other shop you stock every necessary item in hope of a possible sale and demand thereafter guides you on the restocking levels This is completely different. KQ already had flight data available for US bound passengers well before the launch. And if you are opening any shop and don't conduct basic research, eg on foot traffic, you are simply looking to create employment not make a profit. The article itself is self contadictory. They say that they had already decided to start out with a lower flight frequency as far back as October 28th, but announced daily flights at the time of launch.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered. Actually I believe one is around... Being serviced. Issue is will they fill that bird? possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered. Actually I believe one is around... Being serviced. Issue is will they fill that bird? Great news. Oversize cargo upload i.e. China and even LHR as currently one plane can serve those 2 destinations.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered. Actually I believe one is around... Being serviced. Issue is will they fill that bird? Great news. Oversize cargo upload i.e. China and even LHR as currently one plane can serve those 2 destinations. It can also be used to deal with the JFK cancellations. Non-commerciallly viable day to be canceled and transferred to B777 the following day rather than giving an option to be rerouted through Paris and Amsterdam. Again, this is enough evidence that Sebastian is very tactful and very commerciallly sensitive.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:maka wrote:ArrestedDev wrote:Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered. Actually I believe one is around... Being serviced. Issue is will they fill that bird? Great news. Oversize cargo upload i.e. China and even LHR as currently one plane can serve those 2 destinations. It can also be used to deal with the JFK cancellations. Non-commerciallly viable day to be canceled and transferred to B777 the following day rather than giving an option to be rerouted through Paris and Amsterdam. Again, this is enough evidence that Sebastian is very tactful and very commerciallly sensitive. I would go with LHR that flight is almost always full... Even getting the jump seat is an issue. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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ArrestedDev wrote:maka wrote:ArrestedDev wrote:Ericsson wrote:Robert ALAI, HSC Retweeted Robert ALAI, HSC 14 days ago I told you that KQ was going to cut down the flights, it has been done. I tell you something again, they sold the 777s for a song and now they are begging the buyers to lease two back. 787 is not as cost effective as the 777.
Is this true Maka Change of tact necessary to mitigate losses. Alai knows nothing on this. 787 is efficient than 777-200. The 777-200 sold were dated. All are being retired globally and replaced by 787-900. The KQ 777-300 are being returned next year by Turkish as planned. There is nothing to beg for. If KQ wants to terminate the sub-lease agreement then there is a clause in the contract which will be triggered. Actually I believe one is around... Being serviced. Issue is will they fill that bird? Great news. Oversize cargo upload i.e. China and even LHR as currently one plane can serve those 2 destinations. It can also be used to deal with the JFK cancellations. Non-commerciallly viable day to be canceled and transferred to B777 the following day rather than giving an option to be rerouted through Paris and Amsterdam. Again, this is enough evidence that Sebastian is very tactful and very commerciallly sensitive. Ditto! Iām particularly very glad on how Somalia is being rolled out, very tactfully without fanfare.. The new management is indeed way better than Ngunze HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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