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Kenya Airways...why ignore.. end 2025
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maka
#15291 Posted : Sunday, December 05, 2021 1:38:50 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
snifadog wrote:
I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu

GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way


2027... Hang in there bro.
possunt quia posse videntur
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obiero
#15292 Posted : Sunday, December 05, 2021 7:17:56 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
maka wrote:
obiero wrote:
snifadog wrote:
I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu

GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way


2027... Hang in there bro.

A 60 month bond? Tutangoja kaka Maka
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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VituVingiSana
#15293 Posted : Monday, December 06, 2021 9:42:28 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,437
Location: Nairobi
obiero wrote:
snifadog wrote:
I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu

GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way
KQLC might be paid by GoK but minorities will probably not and should not.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#15294 Posted : Monday, December 13, 2021 7:07:07 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
Cruising at 32,000 feet above sea level https://www.businessdail...khartoum-flights-3648246
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Ericsson
#15295 Posted : Monday, December 13, 2021 9:45:56 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
[quote=obiero]Cruising at 32,000 feet above sea level https://www.businessdail...hartoum-flights-3648246[/quote]

Higher revenue equals to much higher expenses and losses widening.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#15296 Posted : Monday, December 13, 2021 11:24:39 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
Ericsson wrote:
[quote=obiero]Cruising at 32,000 feet above sea level https://www.businessdail...hartoum-flights-3648246[/quote]

Higher revenue equals to much higher expenses and losses widening.

Recall the reduction in pilots per flight to Asia, plus HOTAC cuts on the back of vastly improved OTP. The bird is in the air
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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maka
#15297 Posted : Thursday, December 23, 2021 6:42:29 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:
obiero wrote:
snifadog wrote:
I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu

GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way
KQLC might be paid by GoK but minorities will probably not and should not.



possunt quia posse videntur
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My 2 cents
#15298 Posted : Thursday, December 23, 2021 6:54:23 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,099
They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense.
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VituVingiSana
#15299 Posted : Friday, December 24, 2021 12:56:16 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,437
Location: Nairobi
My 2 cents wrote:
They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense.

No, GoK should NOT nationalize KQ. Let it die and a "New KQ" can take over the old KQ minus the debts.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Kausha
#15300 Posted : Friday, December 24, 2021 8:47:04 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
VituVingiSana wrote:
My 2 cents wrote:
They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense.

No, GoK should NOT nationalize KQ. Let it die and a "New KQ" can take over the old KQ minus the debts.


Refer to SAA and some of the America Airlines for the eventual end point!
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