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Kenya Airways...why ignore..
obiero
#15131 Posted : Tuesday, January 19, 2021 6:13:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,221
Location: nairobi
maka wrote:
obiero wrote:
HaMaina wrote:
sqft wrote:
Can someone confirm?


Quote:
BREAKING: KthQ Amsterdam crew are stuck, their plane has been repossessed by the owners due to unpaid dues. Crew will be flying back on KLM today. Dreamliners also targeted.


Had seen this earlier, thought it was just gutter press, now I'm not sure.

Mjipe shughuli



Well Nyakundi was spot on...

Let me add... Currently 3 planes are out of service because of dues owed...

1 Dreamliner

2 737 - 800

From March to Date according to Allan KQ has added USD 400m in debt... Tafakari hayo.

When you reach a point your planes are being nabbed because of lack of payment something is terribly wrong.

The PPP would have sorted all this mess out, but we the Kenyan people thought with our hearts instead of the mind

KQ ABP 4.26
Ericsson
#15132 Posted : Tuesday, January 19, 2021 6:21:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
obiero wrote:
maka wrote:
obiero wrote:
HaMaina wrote:
sqft wrote:
Can someone confirm?


Quote:
BREAKING: KthQ Amsterdam crew are stuck, their plane has been repossessed by the owners due to unpaid dues. Crew will be flying back on KLM today. Dreamliners also targeted.


Had seen this earlier, thought it was just gutter press, now I'm not sure.

Mjipe shughuli



Well Nyakundi was spot on...

Let me add... Currently 3 planes are out of service because of dues owed...

1 Dreamliner

2 737 - 800

From March to Date according to Allan KQ has added USD 400m in debt... Tafakari hayo.

When you reach a point your planes are being nabbed because of lack of payment something is terribly wrong.

The PPP would have sorted all this mess out, but we the Kenyan people thought with our hearts instead of the mind


It was good PPP was rejected.
It would have hindered KAA from undertaking projects that improve Kenya's airports
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#15133 Posted : Tuesday, January 19, 2021 6:31:53 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
obiero wrote:
maka wrote:
obiero wrote:
HaMaina wrote:
sqft wrote:
Can someone confirm?


Quote:
BREAKING: KthQ Amsterdam crew are stuck, their plane has been repossessed by the owners due to unpaid dues. Crew will be flying back on KLM today. Dreamliners also targeted.


Had seen this earlier, thought it was just gutter press, now I'm not sure.

Mjipe shughuli



Well Nyakundi was spot on...

Let me add... Currently 3 planes are out of service because of dues owed...

1 Dreamliner

2 737 - 800

From March to Date according to Allan KQ has added USD 400m in debt... Tafakari hayo.

When you reach a point your planes are being nabbed because of lack of payment something is terribly wrong.

The PPP would have sorted all this mess out, but we the Kenyan people thought with our hearts instead of the mind


It was good PPP was rejected.
It would have hindered KAA from undertaking projects that improve Kenya's airports


Ummmh PPP = Nationalization? That is still on course... After we finish with BBI I guess.
possunt quia posse videntur
obiero
#15134 Posted : Tuesday, January 19, 2021 7:56:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,221
Location: nairobi
maka wrote:
Ericsson wrote:
obiero wrote:
maka wrote:
obiero wrote:
HaMaina wrote:
sqft wrote:
Can someone confirm?


Quote:
BREAKING: KthQ Amsterdam crew are stuck, their plane has been repossessed by the owners due to unpaid dues. Crew will be flying back on KLM today. Dreamliners also targeted.


Had seen this earlier, thought it was just gutter press, now I'm not sure.

Mjipe shughuli



Well Nyakundi was spot on...

Let me add... Currently 3 planes are out of service because of dues owed...

1 Dreamliner

2 737 - 800

From March to Date according to Allan KQ has added USD 400m in debt... Tafakari hayo.

When you reach a point your planes are being nabbed because of lack of payment something is terribly wrong.

The PPP would have sorted all this mess out, but we the Kenyan people thought with our hearts instead of the mind


It was good PPP was rejected.
It would have hindered KAA from undertaking projects that improve Kenya's airports


Ummmh PPP = Nationalization? That is still on course... After we finish with BBI I guess.

It's similar but not the same.. Anyways, let us await the cash

KQ ABP 4.26
sqft
#15135 Posted : Wednesday, February 03, 2021 5:19:35 PM
Rank: Veteran

Joined: 1/10/2015
Posts: 961
Location: Kenya
Times are tough in the airline industry.



Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
obiero
#15136 Posted : Friday, February 05, 2021 8:08:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,221
Location: nairobi
sqft wrote:
Times are tough in the airline industry.




Terrible https://www.businessdail...ment-instalments-3277524

KQ ABP 4.26
littledove
#15137 Posted : Monday, February 08, 2021 8:01:30 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
https://www.businessdailyafrica.com/bd/economy/mps-to-prioritise-kq-nationalisation-parliament-resumes-3282966
Parliament will prioritise the passage of a Bill that seeks to nationalise loss making national carrier, Kenya Airways (KQ) when lawmakers reconvene from recess tomorrow.

The National Aviation Management Bill 2020 is among the top State-backed items on the legislative calendar released by the National Assembly Clerk Michael Sialai.
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
Impunity
#15138 Posted : Thursday, February 11, 2021 3:33:00 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/mps-to-prioritise-kq-nationalisation-parliament-resumes-3282966
Parliament will prioritise the passage of a Bill that seeks to nationalise loss making national carrier, Kenya Airways (KQ) when lawmakers reconvene from recess tomorrow.

The National Aviation Management Bill 2020 is among the top State-backed items on the legislative calendar released by the National Assembly Clerk Michael Sialai.


Kes.10B bailout.
Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

HaMaina
#15139 Posted : Thursday, February 11, 2021 7:23:40 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Impunity wrote:
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/mps-to-prioritise-kq-nationalisation-parliament-resumes-3282966
Parliament will prioritise the passage of a Bill that seeks to nationalise loss making national carrier, Kenya Airways (KQ) when lawmakers reconvene from recess tomorrow.

The National Aviation Management Bill 2020 is among the top State-backed items on the legislative calendar released by the National Assembly Clerk Michael Sialai.


Kes.10B bailout.
Sad


10B for an organisation like KQ is not a bailout, it's a handout.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
maka
#15140 Posted : Friday, February 12, 2021 10:38:35 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
HaMaina wrote:
Impunity wrote:
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/mps-to-prioritise-kq-nationalisation-parliament-resumes-3282966
Parliament will prioritise the passage of a Bill that seeks to nationalise loss making national carrier, Kenya Airways (KQ) when lawmakers reconvene from recess tomorrow.

The National Aviation Management Bill 2020 is among the top State-backed items on the legislative calendar released by the National Assembly Clerk Michael Sialai.


Kes.10B bailout.
Sad


10B for an organisation like KQ is not a bailout, it's a handout.



That is already finished kitambo sana.... Even before it was dished out.
possunt quia posse videntur
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