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Kenya Airways...why ignore..

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ArrestedDev		#12091 Posted : Tuesday, April 09, 2019 2:56:16 PM
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi		@ maka, what about Jason Kap-kirwok? Is he being touted to be the next CEO? Pilots can override the ops centre instructions and perform the emergency procedures as per the manual. Good to see heads rolling in HR. The names sounds like TNs concubines.
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Yliett		#12092 Posted : Tuesday, April 09, 2019 4:29:18 PM
Rank: New-farer Joined: 12/23/2018 Posts: 38 Location: germany		It is true that airline company can earn significant profits if it is leader on one market and have sort of monopoly. However, on a long run, I just don’t believe in airline investments as there are huge issues with high volatilities in oil prices, as well as competition from low-cost companies
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Ericsson		#12093 Posted : Tuesday, April 09, 2019 4:31:58 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Yliett wrote: It is true that airline company can earn significant profits if it is leader on one market and have sort of monopoly. However, on a long run, I just don’t believe in airline investments as there are huge issues with high volatilities in oil prices, as well as competition from low-cost companies All businesses are like that Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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obiero		#12094 Posted : Tuesday, April 09, 2019 6:53:57 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi		ArrestedDev wrote: @ maka, what about Jason Kap-kirwok? Is he being touted to be the next CEO? Pilots can override the ops centre instructions and perform the emergency procedures as per the manual. Good to see heads rolling in HR. The names sounds like TNs concubines. That guy cannot run a kiosk KQ ABP 4.26
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Ericsson		#12095 Posted : Tuesday, April 09, 2019 9:35:42 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Sebastian Mikosz earns a salary of ksh.4mn a month MJ earns ksh.1.25mn Government reconsiders JKIA takeover by KQ and is exploring other options It was a mistake by KQ to buy and then lease the 777s Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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littledove		#12096 Posted : Wednesday, April 10, 2019 8:31:56 AM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad. “If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said. Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind. “The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Ericsson		#12097 Posted : Wednesday, April 10, 2019 9:30:29 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		littledove wrote: https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad. “If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said. Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind. “The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said. Macharia should stop taking kenyans for a ride. KQ won't do any infrastructure developments or upgrades at JKIA. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#12098 Posted : Wednesday, April 10, 2019 9:43:40 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ericsson wrote: littledove wrote: https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad. “If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said. Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind. “The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said. Macharia should stop taking kenyans for a ride. KQ won't do any infrastructure developments or upgrades at JKIA. Very true. KQ can't generate enough funds for operations. How will they make money for capital investments? It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets. Life is short. Live passionately.
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VituVingiSana		#12099 Posted : Wednesday, April 10, 2019 9:48:43 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi		sparkly wrote: Ericsson wrote: littledove wrote: https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad. “If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said. Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind. “The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said. Macharia should stop taking kenyans for a ride. KQ won't do any infrastructure developments or upgrades at JKIA. Very true. KQ can't generate enough funds for operations. How will they make money for capital investments? It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets. But, but... I like your analogy. EAPCC and ARM should merge. They are both dying. They might as well die in each other's arms. I still say that the "Old KQ" needs to be put into administration and a "New KQ" carved out that doesn't have the baggage of the Old KQ. The New KQ would be owned by the creditors of Old KQ. The current shareholders including GoK would be wiped out but Old KQ is already a dead man walking. GoK will be forced to make good on the forced/coerced Debt-to-Equity conversion for KQLC. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Ericsson		#12100 Posted : Wednesday, April 10, 2019 10:13:30 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: sparkly wrote: Ericsson wrote: littledove wrote: https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad. “If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said. Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind. “The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said. Macharia should stop taking kenyans for a ride. KQ won't do any infrastructure developments or upgrades at JKIA. Very true. KQ can't generate enough funds for operations. How will they make money for capital investments? It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets. But, but... I like your analogy. EAPCC and ARM should merge. They are both dying. They might as well die in each other's arms. I still say that the "Old KQ" needs to be put into administration and a "New KQ" carved out that doesn't have the baggage of the Old KQ. The New KQ would be owned by the creditors of Old KQ. The current shareholders including GoK would be wiped out but Old KQ is already a dead man walking. GoK will be forced to make good on the forced/coerced Debt-to-Equity conversion for KQLC. Meanwhile when are the FY results being released Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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