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Kenya Airways...why ignore..
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obiero
#15321 Posted : Wednesday, January 19, 2022 9:34:51 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
sparkly wrote:
sparkly wrote:
obiero wrote:
the first of five 737 800 is on its way to the motherland.. when the inevitable profit turnaround comes soon, most wazuans will be left wondering..


The airline business makes money for everyone else except the shareholder.

Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance.


@Obiero, let me remind of this 8 year old quote. Achana na KQ.

Thanks bro but im in too deep! Let me leave this here https://www.businessdail...-pandemic-levels-3687146

KQ ABP 4.26
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VituVingiSana
#15322 Posted : Thursday, January 20, 2022 10:14:53 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
sparkly wrote:
sparkly wrote:
obiero wrote:
the first of five 737 800 is on its way to the motherland.. when the inevitable profit turnaround comes soon, most wazuans will be left wondering..


The airline business makes money for everyone else except the shareholder.

Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance.


@Obiero, let me remind of this 8 year old quote. Achana na KQ.

Thanks bro but im in too deep! Let me leave this here https://www.businessdail...pandemic-levels-3687146
Tourists are also flying other airlines eg Qatar, etc.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#15323 Posted : Tuesday, January 25, 2022 11:41:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
National Assembly majority leader Amos Kimunya has withdrawn the National Aviation Management Bill as he seeks more time to consult with stakeholders
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kmucheke
#15324 Posted : Monday, January 31, 2022 6:43:07 PM
Rank: Member

Joined: 3/16/2019
Posts: 313
Kenya Airways to stop transporting monkeys
Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February.
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sparkly
#15325 Posted : Tuesday, February 01, 2022 5:41:19 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kmucheke wrote:
Kenya Airways to stop transporting monkeys
Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February.


A monkey transporting monkeys ๐Ÿ’ ๐Ÿ™ˆ
Life is short. Live passionately.
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obiero
#15326 Posted : Wednesday, February 02, 2022 9:37:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
sparkly wrote:
kmucheke wrote:
Kenya Airways to stop transporting monkeys
Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February.


A monkey transporting monkeys ๐Ÿ’ ๐Ÿ™ˆ

The gift that keeps on giving. Sponsor manenos. KES 26B ndani.. https://www.the-star.co....ry-sh126bn-extra-budget/

KQ ABP 4.26
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My 2 cents
#15327 Posted : Thursday, February 03, 2022 8:03:26 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........

Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc.
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obiero
#15328 Posted : Thursday, February 03, 2022 8:04:10 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
My 2 cents wrote:
........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........

Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc.

Very true. But we canโ€™t walk from Nairobi to Toronto

KQ ABP 4.26
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My 2 cents
#15329 Posted : Thursday, February 03, 2022 9:07:44 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
obiero wrote:
My 2 cents wrote:
........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........

Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc.

Very true. But we canโ€™t walk from Nairobi to Toronto


No we can't. But investors are best advised to pick stocks that allow for good sleep and capital preservation. We have easy pickings on the bourse. Just buy a well managed bank and go back to sleep.
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obiero
#15330 Posted : Friday, February 04, 2022 12:42:03 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
My 2 cents wrote:
obiero wrote:
My 2 cents wrote:
........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........

Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc.

Very true. But we canโ€™t walk from Nairobi to Toronto


No we can't. But investors are best advised to pick stocks that allow for good sleep and capital preservation. We have easy pickings on the bourse. Just buy a well managed bank and go back to sleep.

Not a bank, but ARM comes to mind.. KQ is being heavily resuscitated and if it comes back to life, the share appreciation shall be immense. It simply depends on ones risk appetite

KQ ABP 4.26
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