I am so glad I saw the light and dumped my KQ and bought other shares eg KK. Do not sit on shares of a firm that is dying. Take the loss and move on. It was an expensive lesson but my KK covered the losses from KQ and some.

My reading of all this points to a possibility of someone wanting to grab JKIA through the back door. If KQ default on its loan, then JKIA or part of the land can be auctioned and sold to the highest binder. We can then debate on whether an airline or an airport is of more national importance.

Compare KAA and KQ,which one has better management?

when Obiero returned from hibernation this thread was reignited back to full thrust......

KQ Resorts To Code Sharing Before Finally Suspending US Direct Flights

https://www.kahawatungu....&utm_medium=twitter

Despite Kenya Airways (KQ) announcing resumption of daily direct flights to US in June, it is evident that the national carrier cannot sustain the flights.

In fact, the airliner will not actually resume the flights, but will use American airliner, Delta Airlines, to advance the agenda, which means that a big chunk of profits will go the firm.

The two airlines announced that they had signed a code sharing deal, that would see the plan materialise. A code sharing deal is a commercial arrangement between two airlines, whereby one sells seats on a flight operated by the other. In this sense, Kenya Airways, owing to its limited financial ability, will be ‘selling’ its passengers to the American carrier.

“As part of our commitment to the New York route, we are proud to be a part of this partnership that will open up opportunities for our customers to access more destinations in North America through the John F. Kennedy Airport,” KQ CEO Sebastian Mikosz said.

Barely two weeks after launching the route, KQ reduced the number of its direct flights to new York, US, over low demand. Since then, the carrier has never resumed the flights as per the schedule, which was hit by several hiccups.