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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:sparkly wrote:obiero wrote:The current price is unbelievable.. A traders dream come true A trader's nightmare but cigar butt traders can have a last puff before the monkey dies. Reminds me of ARM where I had a last puff of 60% gain before the share was suspended. To compare ARM to KQ is akin to a comparison between Akothe and Rihanna. Try to use a standard base. EABL or Safaricom are KQ peers    EABL makes more on one bottle of beer it sells to KQ than KQ has made from 2012-2019. Safaricom makes more on one minute of airtime it sells to KQ than KQ has made from 2012-2019. Heck, Akothe has probably made more from one song than KQ has made from 2012-2019. Rihanna probably makes more from one concert than KQ's market cap! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Kenya Airways’ airport takeover bid a sugar-coated fraud, reject it - Billow Kerrow https://www.nation.co.ke...071700-1db53j/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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Ericsson wrote:KQ Resorts To Code Sharing Before Finally Suspending US Direct Flightshttps://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. Hahahaha the media reporting on KQ has been so bad Jesus Christ so we're condemning a code share now? Is there anyone who reports aviation news in Kenya that actually understands it?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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nairobby wrote:Ericsson wrote:KQ Resorts To Code Sharing Before Finally Suspending US Direct Flightshttps://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. Hahahaha the media reporting on KQ has been so bad Jesus Christ so we're condemning a code share now? Is there anyone who reports aviation news in Kenya that actually understands it? YTD cabin factor... J class.... 63% Economy.....58% Do the math... 550,000 USD behind target.. possunt quia posse videntur
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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maka wrote:nairobby wrote:Ericsson wrote:KQ Resorts To Code Sharing Before Finally Suspending US Direct Flightshttps://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. Hahahaha the media reporting on KQ has been so bad Jesus Christ so we're condemning a code share now? Is there anyone who reports aviation news in Kenya that actually understands it? YTD cabin factor... J class.... 63% Economy.....58% Do the math... 550,000 USD behind target.. Is this for the NYC route ama? Not surprised J class is doing better than Y. Was always going to be a premium heavy route.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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nairobby wrote:maka wrote:nairobby wrote:Ericsson wrote:KQ Resorts To Code Sharing Before Finally Suspending US Direct Flightshttps://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. Hahahaha the media reporting on KQ has been so bad Jesus Christ so we're condemning a code share now? Is there anyone who reports aviation news in Kenya that actually understands it? YTD cabin factor... J class.... 63% Economy.....58% Do the math... 550,000 USD behind target.. Is this for the NYC route ama? Not surprised J class is doing better than Y. Was always going to be a premium heavy route. Yes Sir... possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Heh. But Why always KQ? -Pilots were paid a combined Sh4.25bn from the airline’s Sh9.45bn wage bill for the 9 month period to Dec 2017 -The airline had 414 pilots, out of its overall workforce of 3,548. -13% of the workforce took home 45% of the wages. https://t.co/VMN8feo2V4
Businessdaily a few months late in relation to whn I first posted... possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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maka wrote:Heh. But Why always KQ? -Pilots were paid a combined Sh4.25bn from the airline’s Sh9.45bn wage bill for the 9 month period to Dec 2017 -The airline had 414 pilots, out of its overall workforce of 3,548. -13% of the workforce took home 45% of the wages. https://t.co/VMN8feo2V4
Businessdaily a few months late as to when I posted.... Add the senior management figure and voila... Exactly what I had posted. possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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M.J has returned every single cent he has earned as Chairman at KQ.... possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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maka wrote:M.J has returned every single cent he has earned as Chairman at KQ....  Jamaa is a gentleman unlike those who sucked whatever they could from KQ e.g.one was dishing out freebies to a shady influencer. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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