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Kenya Airways...why ignore..

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VituVingiSana		#12011 Posted : Thursday, March 28, 2019 10:58:54 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#12012 Posted : Thursday, March 28, 2019 11:17:27 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Government parastatals when ordering goods abroad that come via air,they use kq Remove corruption and inefficiencies. Inefficiencies here for example reduce the percentage of employee costs to total revenue. KAA/Gok reduce the levies it charges kq for using Airports Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#12013 Posted : Thursday, March 28, 2019 11:30:12 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? KGL charged KQ more than it charges RW? JHB charged KQ more than it charges SAA? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#12014 Posted : Thursday, March 28, 2019 11:50:24 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies mentioned they will be able to match Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? GOK corruption, KAA i didn't mention they need KAA role here KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? Can be dealt on an individual basis and another topic.But to answer you yes extend to other local airlines If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? They already do that. KGL charged KQ more than it charges RW?yes. The Rwandair ceo mentioned during Africa CEO forum in kigali early this week. JHB charged KQ more than it charges SAA? Yes. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#12015 Posted : Thursday, March 28, 2019 12:01:56 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies mentioned they will be able to match Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Responded above Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? GOK corruption, KAA i didn't they need KAA role here KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? Can be dealt on an individual basis and another topic.But to answer you yes extend to other local airlines If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? They already do that. KGL charged KQ more than it charges RW?yes. The Rwandair ceo mentioned during Africa CEO forum in kigali early this week. JHB charged KQ more than it charges SAA? Yes. Circular argument. Start with removing corruption and inefficiencies that bedevil the entire country. So do you have any skin in the game except an indirect ownership like I do via Treasury? [Are there any losses you would suffer if KQ was put into administration?] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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nairobby		#12016 Posted : Thursday, March 28, 2019 12:12:31 PM
Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya		https://twitter.com/waka...tus/1111181919876796416 solid analysis here by the guys at Kenya Business Guide on the KQ-JKIA PIIP
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Ericsson		#12017 Posted : Thursday, March 28, 2019 1:03:49 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies mentioned they will be able to match Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Responded above Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? GOK corruption, KAA i didn't they need KAA role here KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? Can be dealt on an individual basis and another topic.But to answer you yes extend to other local airlines If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? They already do that. KGL charged KQ more than it charges RW?yes. The Rwandair ceo mentioned during Africa CEO forum in kigali early this week. JHB charged KQ more than it charges SAA? Yes. Circular argument. Start with removing corruption and inefficiencies that bedevil the entire country. Read my post #11880 So do you have any skin in the game except an indirect ownership like I do via Treasury? KQ revival if done in the right way will be for the betterment of the economy [Are there any losses you would suffer if KQ was put into administration?] As a taxpayer and supplying companies owed debt by KQ Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#12018 Posted : Thursday, March 28, 2019 1:17:50 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies mentioned they will be able to match Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Responded above Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? GOK corruption, KAA i didn't they need KAA role here KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? Can be dealt on an individual basis and another topic.But to answer you yes extend to other local airlines If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? They already do that. KGL charged KQ more than it charges RW?yes. The Rwandair ceo mentioned during Africa CEO forum in kigali early this week. JHB charged KQ more than it charges SAA? Yes. Circular argument. Start with removing corruption and inefficiencies that bedevil the entire country. Read my post #11880 So do you have any skin in the game except an indirect ownership like I do via Treasury? KQ revival if done in the right way will be for the betterment of the economy [Are there any losses you would suffer if KQ was put into administration?] As a taxpayer and supplying companies owed debt by KQ The "New KQ" could achieve the same goal sooner. Dump the toxic staff. Keep useful assets. Keep the profitable & growth routes. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#12019 Posted : Thursday, March 28, 2019 2:41:39 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: "Old KQ" should be put into administration. "New KQ" should take on the assets and staff it wants. And how will old kq repay the sh.222bn debt Do you think KQ in its current state can repay the net (assets-liabilities) loans it has taken on? Yes it can with the right support and management What does "support" mean? Have you bought KQ shares? It's not about buying KQ shares and no i haven't bought Support e.g government employees when travelling abroad and regionally to use kq. Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Remove corruption and inefficiencies mentioned they will be able to match Government parastatals when ordering goods abroad that come via air,they use kq Question: Should KQ match the fares offered by other airlines or should taxpayers pay a premium on KQ? Responded above Remove corruption and inefficiencies. Agreed but that should not be limited to KQ Inefficiencies here for example reduce the percentage of employee costs to total revenue. What is GoK's or KAA's role here unless GoK freezes wages? GOK corruption, KAA i didn't they need KAA role here KAA/Gok reduce the levies it charges kq for using Airports Should be a special concession just for KQ? What about other Kenyan airlines eg Silverstone? Can be dealt on an individual basis and another topic.But to answer you yes extend to other local airlines If just for KQ vs across the board then what if other airports/countries retaliated eg LHR charged KQ more than it charges BA? They already do that. KGL charged KQ more than it charges RW?yes. The Rwandair ceo mentioned during Africa CEO forum in kigali early this week. JHB charged KQ more than it charges SAA? Yes. Circular argument. Start with removing corruption and inefficiencies that bedevil the entire country. Read my post #11880 So do you have any skin in the game except an indirect ownership like I do via Treasury? KQ revival if done in the right way will be for the betterment of the economy [Are there any losses you would suffer if KQ was put into administration?] As a taxpayer and supplying companies owed debt by KQ The "New KQ" could achieve the same goal sooner. Dump the toxic staff. Keep useful assets. Keep the profitable & growth routes. What about existing debt,who takes it up? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#12020 Posted : Thursday, March 28, 2019 2:50:07 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		"Sadly, KQ pays Railway Maintenance Levy for its jet fuel, yet this levy goes to support a sector seen as a competitor. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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