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Kenya Airways...why ignore..
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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hardwood wrote:KQ to buy 10 Boeing 737 Max 800 planes at 120B. Can they afford Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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ArrestedDev wrote:ET & Lion Air issues - lack of proper training/ failure to adhere to standard safety procedures. Aircraft ordered with just bare minimum safety adds on. Lion Air crash - pilot on a previous flight flying as a passenger intervened when the pilots of that flight encountered the same problem and managed to contain the issue. South West & American Airlines pilots have also encountered similar issue and managied to overcome. Buying them on the cheap, wishing allqueer lack on this kamikaze penny stock approach. Pulling a parachute is a clever way of saying M.I.A anthem. All is well, that ends well. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 12/8/2006 Posts: 104
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muandiwambeu wrote:ArrestedDev wrote:ET & Lion Air issues - lack of proper training/ failure to adhere to standard safety procedures. Aircraft ordered with just bare minimum safety adds on. Lion Air crash - pilot on a previous flight flying as a passenger intervened when the pilots of that flight encountered the same problem and managed to contain the issue. South West & American Airlines pilots have also encountered similar issue and managied to overcome. Buying them on the cheap, wishing allqueer lack on this kamikaze penny stock approach. Pulling a parachute is a clever way of saying M.I.A anthem. All is well, that ends well. That plane is FINISHED. Who would board such a flight? Who would make a booking without assurance that they are not using such a plane. In fact, Boeing is messed on this one. If they are able to place a patch quickly, the question will be "If so easy, why not done earlier?" If they take too long, only exacerbates the fact that they went to market with a faulty plane. Think the only issue is cancellation penalties and whether or not grounding by the FAA provides sufficient grounds for a FULL refund.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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passiveinvestor wrote:muandiwambeu wrote:ArrestedDev wrote:ET & Lion Air issues - lack of proper training/ failure to adhere to standard safety procedures. Aircraft ordered with just bare minimum safety adds on. Lion Air crash - pilot on a previous flight flying as a passenger intervened when the pilots of that flight encountered the same problem and managed to contain the issue. South West & American Airlines pilots have also encountered similar issue and managied to overcome. Buying them on the cheap, wishing allqueer lack on this kamikaze penny stock approach. Pulling a parachute is a clever way of saying M.I.A anthem. All is well, that ends well. That plane is FINISHED. Who would board such a flight? Who would make a booking without assurance that they are not using such a plane. In fact, Boeing is messed on this one. If they are able to place a patch quickly, the question will be "If so easy, why not done earlier?" If they take too long, only exacerbates the fact that they went to market with a faulty plane. Think the only issue is cancellation penalties and whether or not grounding by the FAA provides sufficient grounds for a FULL refund. Correction, luck and not lack. I implied they are flying blind on this. Their luck is sealed if they are not bon air. Otherwise it's a crash until something positive shows up on the horizon of this dumb investment strategy, dearest passiverider😎 ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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passiveinvestor wrote:muandiwambeu wrote:ArrestedDev wrote:ET & Lion Air issues - lack of proper training/ failure to adhere to standard safety procedures. Aircraft ordered with just bare minimum safety adds on. Lion Air crash - pilot on a previous flight flying as a passenger intervened when the pilots of that flight encountered the same problem and managed to contain the issue. South West & American Airlines pilots have also encountered similar issue and managied to overcome. Buying them on the cheap, wishing allqueer lack on this kamikaze penny stock approach. Pulling a parachute is a clever way of saying M.I.A anthem. All is well, that ends well. That plane is FINISHED. Who would board such a flight? Who would make a booking without assurance that they are not using such a plane. In fact, Boeing is messed on this one. If they are able to place a patch quickly, the question will be "If so easy, why not done earlier?" If they take too long, only exacerbates the fact that they went to market with a faulty plane. Think the only issue is cancellation penalties and whether or not grounding by the FAA provides sufficient grounds for a FULL refund. Rest of the older 737 series ( the legacy series) as well as the 737NG - 738 faced a myriad of issues too. The plane will get off the ground soon.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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ArrestedDev wrote:passiveinvestor wrote:muandiwambeu wrote:ArrestedDev wrote:ET & Lion Air issues - lack of proper training/ failure to adhere to standard safety procedures. Aircraft ordered with just bare minimum safety adds on. Lion Air crash - pilot on a previous flight flying as a passenger intervened when the pilots of that flight encountered the same problem and managed to contain the issue. South West & American Airlines pilots have also encountered similar issue and managied to overcome. Buying them on the cheap, wishing allqueer lack on this kamikaze penny stock approach. Pulling a parachute is a clever way of saying M.I.A anthem. All is well, that ends well. That plane is FINISHED. Who would board such a flight? Who would make a booking without assurance that they are not using such a plane. In fact, Boeing is messed on this one. If they are able to place a patch quickly, the question will be "If so easy, why not done earlier?" If they take too long, only exacerbates the fact that they went to market with a faulty plane. Think the only issue is cancellation penalties and whether or not grounding by the FAA provides sufficient grounds for a FULL refund. Rest of the older 737 series ( the legacy series) as well as the 737NG - 738 faced a myriad of issues too. The plane will get off the ground soon. Sensationalism reporting.. KQ specifically mentioned that the same will only proceed upon full addressing of current glitch. The plane will get off the ground soon
KQ ABP 4.26
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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obiero wrote:ArrestedDev wrote:Agree that pax and cargo uplift is up but not enough to pull it out of the loss position. Finance costs are massively down thanks to the restructuring. Let's wait for the results which should be ought Wednesday this week. My forecast remains loss before tax of KES 5.6B Is it Wednesday Tomorrow ?? “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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HaMaina wrote:obiero wrote:ArrestedDev wrote:Agree that pax and cargo uplift is up but not enough to pull it out of the loss position. Finance costs are massively down thanks to the restructuring. Let's wait for the results which should be ought Wednesday this week. My forecast remains loss before tax of KES 5.6B Is it Wednesday Tomorrow ?? Yes
KQ ABP 4.26
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:HaMaina wrote:obiero wrote:ArrestedDev wrote:Agree that pax and cargo uplift is up but not enough to pull it out of the loss position. Finance costs are massively down thanks to the restructuring. Let's wait for the results which should be ought Wednesday this week. My forecast remains loss before tax of KES 5.6B Is it Wednesday Tomorrow ?? Yes Net loss still very significant. Mikosz already expressed his frustration on this. 2019 figures still be not palatable at all as fleet ownership and maintenance costs will rise with the return of the B777.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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ArrestedDev wrote:obiero wrote:HaMaina wrote:obiero wrote:ArrestedDev wrote:Agree that pax and cargo uplift is up but not enough to pull it out of the loss position. Finance costs are massively down thanks to the restructuring. Let's wait for the results which should be ought Wednesday this week. My forecast remains loss before tax of KES 5.6B Is it Wednesday Tomorrow ?? Yes Net loss still very significant. Mikosz already expressed his frustration on this. 2019 figures still be not palatable at all as fleet ownership and maintenance costs will rise with the return of the B777. Revenue significantly up. Also, JKIA will turn everything inside out...
KQ ABP 4.26
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