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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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VituVingiSana wrote:obiero wrote:Good to see KQ expanding to Gatwick. Too bad KQ sold some primo slots to Oman Air. Folks would fly from NBO to LHR overnight lakini now that is gone. Bullet 5 https://corporate.kenya-...-business-transactions/[/quote] 5. Selling of the London Heathrow Slot Regarding the selling of London Heathrow slot in 2016, we would like to state as follows: The slot was sold to optimize the network by reducing aircraft ground time at Heathrow Airport. Slots at Heathrow have commercial value and hence KQ monetized the slot and negotiated for a better slot that allows KQ to land and take-off within the shortest ground time. We are currently flying 10 times weekly to London. A slot is an authorization to land and take off at a particular airport during a specified day and period. This was a purely business decision which was done through a transparent process.
Stories za jaba! Oman Air and KLM (I think) picked up the other slots! Oman Air bought it at KES 7.3B. KQ now uses the KLM slot on common understanding terms, at a cost COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,380 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Good to see KQ expanding to Gatwick. Too bad KQ sold some primo slots to Oman Air. Folks would fly from NBO to LHR overnight lakini now that is gone. Bullet 5 https://corporate.kenya-...-business-transactions/[/quote] 5. Selling of the London Heathrow Slot Regarding the selling of London Heathrow slot in 2016, we would like to state as follows: The slot was sold to optimize the network by reducing aircraft ground time at Heathrow Airport. Slots at Heathrow have commercial value and hence KQ monetized the slot and negotiated for a better slot that allows KQ to land and take-off within the shortest ground time. We are currently flying 10 times weekly to London. A slot is an authorization to land and take off at a particular airport during a specified day and period. This was a purely business decision which was done through a transparent process.
Stories za jaba! Oman Air and KLM (I think) picked up the other slots! Oman Air bought it at KES 7.3B. KQ now uses the KLM slot on common understanding terms, at a cost "Common Understanding" means little if KLM wants/needs the slot or if KQ is no longer part of SkyTeam or KLM is no longer a shareholder in KQ. Greedy 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: 14,321 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Good to see KQ expanding to Gatwick. Too bad KQ sold some primo slots to Oman Air. Folks would fly from NBO to LHR overnight lakini now that is gone. Bullet 5 https://corporate.kenya-...-business-transactions/[/quote] 5. Selling of the London Heathrow Slot Regarding the selling of London Heathrow slot in 2016, we would like to state as follows: The slot was sold to optimize the network by reducing aircraft ground time at Heathrow Airport. Slots at Heathrow have commercial value and hence KQ monetized the slot and negotiated for a better slot that allows KQ to land and take-off within the shortest ground time. We are currently flying 10 times weekly to London. A slot is an authorization to land and take off at a particular airport during a specified day and period. This was a purely business decision which was done through a transparent process.
Stories za jaba! Oman Air and KLM (I think) picked up the other slots! Oman Air bought it at KES 7.3B. KQ now uses the KLM slot on common understanding terms, at a cost "Common Understanding" means little if KLM wants/needs the slot or if KQ is no longer part of SkyTeam or KLM is no longer a shareholder in KQ. Your query is rhetorical since KLM is still a 7.8% shareholder in KQ COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,380 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Good to see KQ expanding to Gatwick. Too bad KQ sold some primo slots to Oman Air. Folks would fly from NBO to LHR overnight lakini now that is gone. Bullet 5 https://corporate.kenya-...-business-transactions/[/quote] 5. Selling of the London Heathrow Slot Regarding the selling of London Heathrow slot in 2016, we would like to state as follows: The slot was sold to optimize the network by reducing aircraft ground time at Heathrow Airport. Slots at Heathrow have commercial value and hence KQ monetized the slot and negotiated for a better slot that allows KQ to land and take-off within the shortest ground time. We are currently flying 10 times weekly to London. A slot is an authorization to land and take off at a particular airport during a specified day and period. This was a purely business decision which was done through a transparent process.
Stories za jaba! Oman Air and KLM (I think) picked up the other slots! Oman Air bought it at KES 7.3B. KQ now uses the KLM slot on common understanding terms, at a cost "Common Understanding" means little if KLM wants/needs the slot or if KQ is no longer part of SkyTeam or KLM is no longer a shareholder in KQ. Your query is rhetorical since KLM is still a 7.8% shareholder in KQ Currently. Not necessarily in the future. Also 7.8% in KQ means nothing much to huge KLM. Greedy 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: 14,321 Location: nairobi
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sparkly wrote:VituVingiSana wrote:the deal wrote:KQ will be nationalised by 2020....I also believe Gava will bid higher...KES8.52 is just a guideline...could be high as KES15...although KES23 could make @obiero extremely happy...KQ is my signature contrarian play...just minor profit taking and then the stock will rally again... 15/-?  Given that optimism, I think you should buy out as many of KQLC's shares. Talk to @obiero and his friends at the Exchange Bar. Too much dreaming going on in this this thread PIIP is back. A cat by another other name, is a cat https://www.citizen.digi...-end-of-the-year-n365946 COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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obiero wrote:sparkly wrote:VituVingiSana wrote:[quote=the deal]KQ will be nationalised by 2020....I also believe Gava will bid higher...KES8.52 is just a guideline...could be high as KES15...although KES23 could make @obiero extremely happy...KQ is my signature contrarian play...just minor profit taking and then the stock will rally again... 15/-? Given that optimism, I think you should buy out as many of KQLC's shares. Talk to @obiero and his friends at the Exchange Bar. Too much dreaming going on in this this thread PIIP is back. A cat by another other name, is a cat https://www.citizen.digi...end-of-the-year-n365946[/quote] Story za jaba and vibes. So long as KQ is not paying KAA for landing and parking fees,JKIA is as dead as dodo. End of the year will come and there will be nothing on the ground. Eti leverage on JKIA balance sheet which is just idle land he is referring to. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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Ericsson wrote:obiero wrote:sparkly wrote:VituVingiSana wrote:the deal wrote:KQ will be nationalised by 2020....I also believe Gava will bid higher...KES8.52 is just a guideline...could be high as KES15...although KES23 could make @obiero extremely happy...KQ is my signature contrarian play...just minor profit taking and then the stock will rally again... 15/-? Given that optimism, I think you should buy out as many of KQLC's shares. Talk to @obiero and his friends at the Exchange Bar. Too much dreaming going on in this this thread PIIP is back. A cat by another other name, is a cat https://www.citizen.digi...end-of-the-year-n365946
Story za jaba and vibes. So long as KQ is not paying KAA for landing and parking fees,JKIA is as dead as dodo. End of the year will come and there will be nothing on the ground. Eti leverage on JKIA balance sheet which is just idle land he is referring to. I am pretty sure I see buildings and even a runway at JKIA. Not sure if they seem like idle land! Also, have you sighted the KAA balance sheet? It is multiple times larger than KQ assets. Fly Ethiopian does not settle slot fees in Bole. You need to recall the initial motivation for PIIP. Watch and learn COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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August 14th. Write it down, somewhere COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/20/2007 Posts: 2,076 Location: Lagos, Nigeria
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obiero wrote:August 14th. Write it down, somewhere Hi @Obiero Pls throw more light ? Is it HY 2025 earnings report? The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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young wrote:obiero wrote:August 14th. Write it down, somewhere Hi @Obiero Pls throw more light ? Is it HY 2025 earnings report? Yes boss. A bumper harvest COOP, IMH, KEGN, KQ, MTNU
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