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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,351 Location: Nairobi
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sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. 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: 18,351 Location: Nairobi
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chiaroscuro wrote:KQ nationalisation is based on warped logic: that the only way it can become profitable is by making it part of airports authority hence saving it airport levies. However, BA is a profitable airline that operates from a private airport (Heathrow is a private business!). What are they doing that KQ isn't? Simple answer: theft!
Nationalisation will NOT solve theft in KQ. If anything, theft will increase! The theft will be hidden from us but it will continue. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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VituVingiSana wrote:chiaroscuro wrote:KQ nationalisation is based on warped logic: that the only way it can become profitable is by making it part of airports authority hence saving it airport levies. However, BA is a profitable airline that operates from a private airport (Heathrow is a private business!). What are they doing that KQ isn't? Simple answer: theft!
Nationalisation will NOT solve theft in KQ. If anything, theft will increase! The theft will be hidden from us but it will continue. You will be hearing of theft on the Audtor general report two years after Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,229 Location: nairobi
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VituVingiSana wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. KQ was better off as a public listed entity, but Kenyans shot down the SPV, choices have consequences. We the people, will give the behemoth it's required monies, for eternity. They will surely not re-approach the public with a privatization offer anytime soon
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. KQ was better off as a public listed entity, but Kenyans shot down the SPV, choices have consequences. We the people, will give the behemoth it's required monies, for eternity. They will surely not re-approach the public with a privatization offer anytime soon And now the thread can be closed Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,351 Location: Nairobi
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#TBT KQ sells its prime London airport landing slot to Oman Air for Sh7.5 billion https://www.businessdail...101280-9auduq/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,229 Location: nairobi
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Ericsson wrote:obiero wrote:VituVingiSana wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. KQ was better off as a public listed entity, but Kenyans shot down the SPV, choices have consequences. We the people, will give the behemoth it's required monies, for eternity. They will surely not re-approach the public with a privatization offer anytime soon And now the thread can be closed No. Not until the buyout process is done
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Ericsson wrote:obiero wrote:VituVingiSana wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. KQ was better off as a public listed entity, but Kenyans shot down the SPV, choices have consequences. We the people, will give the behemoth it's required monies, for eternity. They will surely not re-approach the public with a privatization offer anytime soon And now the thread can be closed No. Not until the buyout process is done Yaani Scangroup is paying a 8 bob dividend while @Obiero and friends are praying for a 8 bob buyout. What a mockery by the stock gods! Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,229 Location: nairobi
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sparkly wrote:obiero wrote:Ericsson wrote:obiero wrote:VituVingiSana wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:Mike Ock wrote:I know people are very invested here, but let's be honest with ourselves: Kenya Airways deserves to close, and GoK needs to leave the airline business alone. Why a government needs a national airline carrier is just beyond me! Watch this video to understand the why That guy Abraham, is shallow. He doesn't even know why KQ was privatised in the first place! He also assumes that Kenya needs KQ to export flowers. Flower exporters don't necessarily need a Kenyan airline - they just need an airline! Also, majority of our tourists come by chartered flights, not scheduled ones. My view is that nationalisation is ill-advised. But if we must do it, we don't have to buy the other outstanding shares. Se we can just let it be liquidated by the creditors; pick up the assets and form a new airline - New Kenya Airways? That way we don't even have to pay off the debts! He is right on why KQ was privatized. It was merely the trend borne of Thatchernomics of the 80's and 90's. Thatcherism was characterised by deregulation, flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Kenya simply jumped into the band wagon without considering the full effects. Privatization was the right thing to do. The mismanagement by Naikuni and friends after Brian Davies left is when the rain started beating KQ. KQ was better off as a public listed entity, but Kenyans shot down the SPV, choices have consequences. We the people, will give the behemoth it's required monies, for eternity. They will surely not re-approach the public with a privatization offer anytime soon And now the thread can be closed No. Not until the buyout process is done Yaani Scangroup is paying a 8 bob dividend while @Obiero and friends are praying for a 8 bob buyout. What a mockery by the stock gods! 8bob dividend on how many issued shares.. Surely let us throw about useful information
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