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Kenya Airways...why ignore..
Rank: Member Joined: 8/29/2008 Posts: 573
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obiero wrote:VituVingiSana wrote:obiero wrote:U expect business executives to travel in JJ?? Why not? Save money. Delta offers multiple seats/classes. Did you read the article? I dont know which lifestyle you currently enjoy, but I would never fly JJ while headed for a business engagement.. Someone may see me emerging from it and judge me accordingly :) Ujaluo itakumaliza.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Very nice review here "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 1/3/2007 Posts: 18,327 Location: Nairobi
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*Please fuel up at KenolKobil. KQ to pay cash. Thank You. Come Again.* KQ sells its prime London airport landing slots http://www.businessdaily...0/-/ggjp4h/-/index.html
As much as it makes sense to dispose of 'underutilized' assets isn't this an asset that is underutilized coz of poor management (marketing) decisions rather than decline in demand? With the number of [East & Central] Africans & Brits [& Europeans/Americans] who visit or [transit through] London, KQ could be running 2 flights/day on this route. So many folks I know prefer using QR, ET, TK or EK thanks to the huge savings [even if the flight is longer] from Nairobi to London. Anyway, good luck to KQ. As a KK shareholder, I'd like to see KQ start buying lots of fuel [on cash terms] from KK. As an Unga shareholder, I'd like to see NAS/KQ buy Ennsvalley breads/pies. As a TPSEA shareholder, I'd like to see KQ bring more tourists to KE/TZ/UG. As a KenRe shareholder, I'd like to see more insurance policies sold to their staff and insurance for their vehicles. Not to forget the money KQ owes KE banks. Those NPLs need to be reversed ASAP. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Mshahara bado....  possunt quia posse videntur
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Rank: New-farer Joined: 12/1/2014 Posts: 45 Location: Nairobi
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Kenya Airways (KQ) has sold its morning slot at London’s Heathrow Airport for KES 7.5 BN to
Oman Air. This is in addition to the evening slot it sold to Emirates Airways for KES 15
-
25 MN
making a total deal value of USD 90
-
100 MN. KQ’s sale of its coveted 5:30am slot is the highest
priced slot deal to have taken place at Heathrow. The airline is estimated to have earned KSH
3.0 BN from the deal that is expected to go towards offsetting of the company’s debt. Kenya
Airways currently departs for Heathrow in the morning and returns about two hours after
Heathrow arrival to minimize parking costs. It is unclear whether the KES 3.0 BN raised from
the sale is enough to cover the possible loss of business travelers who prefer leaving Kenya in
the evening in order to arrive in London in the morning
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Good move. Instead of selling seats in an aircraft which takes fuel , salaries, insurance etc. best to sell air.
I think there some innovative guys in the management now
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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maka wrote:Mshahara bado.... waambie wachukue mshwari wainvest kwa sportpesa If Obiero did it, Who Am I?
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Rank: Chief Joined: 1/3/2007 Posts: 18,327 Location: Nairobi
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Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...rade-march-with-new-dealGreedy 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: 14,164 Location: nairobi
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[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze @obiero you are so much intimate into KQ that you can't trace dark spots on Nguze's white linen garment. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Emerger wrote:
Kenya Airways (KQ) has sold its morning slot at London’s Heathrow Airport for KES 7.5 BN to
Oman Air. This is in addition to the evening slot it sold to Emirates Airways for KES 15
-
25 MN
making a total deal value of USD 90
-
100 MN. KQ’s sale of its coveted 5:30am slot is the highest
priced slot deal to have taken place at Heathrow. The airline is estimated to have earned KSH
3.0 BN from the deal that is expected to go towards offsetting of the company’s debt. Kenya
Airways currently departs for Heathrow in the morning and returns about two hours after
Heathrow arrival to minimize parking costs. It is unclear whether the KES 3.0 BN raised from
the sale is enough to cover the possible loss of business travelers who prefer leaving Kenya in
the evening in order to arrive in London in the morning
British Airways will bag those customers. Their flight arrives early morming every single day from Kenya
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Rank: Chief Joined: 1/3/2007 Posts: 18,327 Location: Nairobi
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obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze Dear @Obiero that is true. "Business Travelers" can afford to spend the night in London because they love traveling during the day instead of working at the office. What a brilliant move by KQ. These naysayers like @VVS are wrong. He is bitter he sold out at 14/- and bought KenolKobil. Where's the glamour? What a bull-headed short-term move to sell KQ. He should have bought more at 13. And even more at 12. Kept on adding at 11. So what if there was a loss. Shit happens. The CEO left with a hefty package he deserved while leaving a competent CFO in place. Warren Buffett would have snapped up the CFO. @VVS should have scooped up KQ at 10 rather than that useless share called KenolKobil that didn't even move at 9 while KQ moved from 9 to 8. Then to clean out the books, another loss. Even the chairman left, but progress continued as it went to 7. Ask @VVS, if there was any excitement at KK? A small dividend, profitability restored but NO price movement! And still pumping petrol and diesel. Excitement galore at KQ. 6/- and another loss. Then announcements to sell planes and land. More excitement when another loss was announced. The CFO left. A pity coz he was very good at his job. Warren Buffett will snap him up. Then 5/- and KQ was headed to 4/-. See what excitement @VVS missed out on? Poor guy got a hard-on when KK moved from 8 to 9 to 10... The likes of @VVS are just party-poopers who can't afford to spend a night in London. Anyway, he probably flies economy, if he flies at all, seeing he doesn't have access to Ngunze and is just jealous. Even JamboJet is too luxurious for him. Keep up the good work. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze Dear @Obiero that is true. "Business Travelers" can afford to spend the night in London because they love traveling during the day instead of working at the office. What a brilliant move by KQ. These naysayers like @VVS are wrong. He is bitter he sold out at 14/- and bought KenolKobil. Where's the glamour? What a bull-headed short-term move to sell KQ. He should have bought more at 13. And even more at 12. Kept on adding at 11. So what if there was a loss. Shit happens. The CEO left with a hefty package he deserved while leaving a competent CFO in place. Warren Buffett would have snapped up the CFO. @VVS should have scooped up KQ at 10 rather than that useless share called KenolKobil that didn't even move at 9 while KQ moved from 9 to 8. Then to clean out the books, another loss. Even the chairman left, but progress continued as it went to 7. Ask @VVS, if there was any excitement at KK? A small dividend, profitability restored but NO price movement! And still pumping petrol and diesel. Excitement galore at KQ. 6/- and another loss. Then announcements to sell planes and land. More excitement when another loss was announced. The CFO left. A pity coz he was very good at his job. Warren Buffett will snap him up. Then 5/- and KQ was headed to 4/-. See what excitement @VVS missed out on? Poor guy got a hard-on when KK moved from 8 to 9 to 10... The likes of @VVS are just party-poopers who can't afford to spend a night in London. Anyway, he probably flies economy, if he flies at all, seeing he doesn't have access to Ngunze and is just jealous. Even JamboJet is too luxurious for him. Keep up the good work. Liar!! You intend to troll KQ even after the 10th President of the Republic!! Your exes, ole wao.
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Rank: Elder Joined: 6/23/2009 Posts: 14,164 Location: nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze Dear @Obiero that is true. "Business Travelers" can afford to spend the night in London because they love traveling during the day instead of working at the office. What a brilliant move by KQ. These naysayers like @VVS are wrong. He is bitter he sold out at 14/- and bought KenolKobil. Where's the glamour? What a bull-headed short-term move to sell KQ. He should have bought more at 13. And even more at 12. Kept on adding at 11. So what if there was a loss. Shit happens. The CEO left with a hefty package he deserved while leaving a competent CFO in place. Warren Buffett would have snapped up the CFO. @VVS should have scooped up KQ at 10 rather than that useless share called KenolKobil that didn't even move at 9 while KQ moved from 9 to 8. Then to clean out the books, another loss. Even the chairman left, but progress continued as it went to 7. Ask @VVS, if there was any excitement at KK? A small dividend, profitability restored but NO price movement! And still pumping petrol and diesel. Excitement galore at KQ. 6/- and another loss. Then announcements to sell planes and land. More excitement when another loss was announced. The CFO left. A pity coz he was very good at his job. Warren Buffett will snap him up. Then 5/- and KQ was headed to 4/-. See what excitement @VVS missed out on? Poor guy got a hard-on when KK moved from 8 to 9 to 10... The likes of @VVS are just party-poopers who can't afford to spend a night in London. Anyway, he probably flies economy, if he flies at all, seeing he doesn't have access to Ngunze and is just jealous. Even JamboJet is too luxurious for him. Keep up the good work. Liar!! You intend to troll KQ even after the 10th President of the Republic!! Your exes, ole wao.
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,164 Location: nairobi
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lol.. @vvs has turned poetic.. KQ gets some loose billions from sale of the lot and people pelt it! in an ideal world, the stock should rally! BA will pick some passeng KQ will pick its own. Theres room for both!
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:lol.. @vvs has turned poetic.. KQ gets some loose billions from sale of the lot and people pelt it! in an ideal world, the stock should rally! BA will pick some passeng KQ will pick its own. Theres room for both! This stock is still in the cold. It can't rally as the negative equity keeps haunting KQ! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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KQ just got a deal to handle Royal Air Maroc....so the loss of business travellers going to London will be cancelled by this new deal. possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,327 Location: Nairobi
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obiero wrote:lol.. @vvs has turned poetic.. KQ gets some loose billions from sale of the lot and people pelt it! in an ideal world, the stock should rally! BA will pick some passeng KQ will pick its own. Theres room for both! Cash is king. Plus @VVS may get a free upgrade if he toes the company line! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze Business people are very "mean" with their cash...You think a business class passenger would pay KQ fare of KES.300K to UK and spend another KES. 35K in 5-star hotel instead of paying BA KES. 270K for the same route? Plus the BA service would save the business man a whole day...this people value time unlike the neandethals like you! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/3/2007 Posts: 18,327 Location: Nairobi
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Impunity wrote:obiero wrote:[quote=VituVingiSana] Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.Ethiopians signs up with RwandAir as a Strategic Partner. RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum Kenya Airways that last year banked the largest corporate loss in Kenya’s history http://mgafrica.com/arti...ade-march-with-new-deal[/quote] Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze Business people are very "mean" with their cash...You think a business class passenger would pay KQ fare of KES.300K to UK and spend another KES. 35K in 5-star hotel instead of paying BA KES. 270K for the same route? Plus the BA service would save the business man a whole day...this people value time unlike the neandethals like you! Dear @Impunity - You do know @Obiero is right. The business-folk want to chillax in London. What's another $500 for them after paying $3,000 for a business-class flight? @VVS has decided to toe the Company line just like @Obiero. After all, when was the last time you flew Biz Class? Join @VVS so that we too may fly Business Class compliments of the House. KQ will even provide Wet Ones to wipe off the brown stain on our noses. Thanks to the visionary leadership of Naikuni and Mbugua, we can now travel in a brand new 787. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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