Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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@obiero accumulate there is mini-bloodbath in this counter. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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Rank: New-farer Joined: 11/9/2015 Posts: 18
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UberAir service? Their pricing offers no competitive advantage that comes with Uber. Trying to come home for the weekend. EBB/NBO. Departure Saturday/Return Sunday. KQ- 547usd. RwadAir- 274usd. Sax-239usd (late Friday flight and return Sunday). And I checked these prices like half an hour ago.
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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Shiwashei wrote:UberAir service? Their pricing offers no competitive advantage that comes with Uber. Trying to come home for the weekend. EBB/NBO. Departure Saturday/Return Sunday. KQ- 547usd. RwadAir- 274usd. Sax-239usd (late Friday flight and return Sunday). And I checked these prices like half an hour ago. It's been 2 years since I used KQ to EBB or KGL after I found RwandaAir provides direct NBO-EBB service. Cheaper. And the stewardesses provide some visual gratification too. #TeamMafisi Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 5/22/2014 Posts: 78
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VituVingiSana wrote:Shiwashei wrote:
UberAir service? Their pricing offers no competitive advantage that comes with Uber.
Trying to come home for the weekend. EBB/NBO. Departure Saturday/Return Sunday. KQ- 547usd. RwadAir- 274usd. Sax-239usd (late Friday flight and return Sunday). And I checked these prices like half an hour ago.
It's been 2 years since I used KQ to EBB or KGL after I found RwandaAir provides direct NBO-EBB service. Cheaper. And the stewardesses provide some visual gratification too. #TeamMafisi 
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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KQ’s bankers ease loan terms as carrier eyes Sh60bn bailout http://www.businessdaily...8/-/xqcpgh/-/index.html
Good news for KQ but which banks have lent to KQ? That's $250,000,000 in NPLs. Some loans will be restructured but there's a price to pay in lost cashflow (repayments), opportunity cost and potential write-offs. Have the loans to KQ been classified as NPLs? Have they been provided for? When will they be taken into the P&L? Or is the can being kicked down the road 2-5 years from now? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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mugo2of3 wrote:VituVingiSana wrote:[quote=Shiwashei]
UberAir service? Their pricing offers no competitive advantage that comes with Uber.
Trying to come home for the weekend. EBB/NBO. Departure Saturday/Return Sunday. KQ- 547usd. RwadAir- 274usd. Sax-239usd (late Friday flight and return Sunday). And I checked these prices like half an hour ago. It's been 2 years since I used KQ to EBB or KGL after I found RwandaAir provides direct NBO-EBB service. Cheaper. And the stewardesses provide some visual gratification too. #TeamMafisi [/quote) I reserved KQ flight return, Entebbe-Nrb. Got offer of USD 425. Following day when I wanted to pay was told system ticketing issue, price i USD 540. I cancelled my trip. RWADAIR cost was USD 275. Only problem was time of flights. I don't see how KQ will remain competetive
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Rank: New-farer Joined: 5/20/2010 Posts: 69
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VituVingiSana wrote:KQ’s bankers ease loan terms as carrier eyes Sh60bn bailout http://www.businessdaily...8/-/xqcpgh/-/index.html
Good news for KQ but which banks have lent to KQ? That's $250,000,000 in NPLs. Some loans will be restructured but there's a price to pay in lost cashflow (repayments), opportunity cost and potential write-offs. Have the loans to KQ been classified as NPLs? Have they been provided for? When will they be taken into the P&L? Or is the can being kicked down the road 2-5 years from now? Well now, a little bit of PR here and there wont hurt anybody "If everything holds constant, I would like to see a break-even point within the next one to two years." How KQ captain plans to navigate raging financing storm
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Rank: Elder Joined: 6/23/2009 Posts: 14,329 Location: nairobi
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sl8r wrote:VituVingiSana wrote:KQ’s bankers ease loan terms as carrier eyes Sh60bn bailout http://www.businessdaily...8/-/xqcpgh/-/index.html
Good news for KQ but which banks have lent to KQ? That's $250,000,000 in NPLs. Some loans will be restructured but there's a price to pay in lost cashflow (repayments), opportunity cost and potential write-offs. Have the loans to KQ been classified as NPLs? Have they been provided for? When will they be taken into the P&L? Or is the can being kicked down the road 2-5 years from now? Well now, a little bit of PR here and there wont hurt anybody "If everything holds constant, I would like to see a break-even point within the next one to two years." How KQ captain plans to navigate raging financing storm Write off for a national carrier?? GoK is bankrupt?? Some people.. ION, told u KQ will be back in black sooner than most imagine. Just waiting for one more signal to buy 65,000 shares in a single trade on 02.04.16. Insha'Allah COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:sl8r wrote:VituVingiSana wrote:KQ’s bankers ease loan terms as carrier eyes Sh60bn bailout http://www.businessdaily...8/-/xqcpgh/-/index.html
Good news for KQ but which banks have lent to KQ? That's $250,000,000 in NPLs. Some loans will be restructured but there's a price to pay in lost cashflow (repayments), opportunity cost and potential write-offs. Have the loans to KQ been classified as NPLs? Have they been provided for? When will they be taken into the P&L? Or is the can being kicked down the road 2-5 years from now? Well now, a little bit of PR here and there wont hurt anybody "If everything holds constant, I would like to see a break-even point within the next one to two years." How KQ captain plans to navigate raging financing storm Write off for a national carrier?? GoK is bankrupt?? Some people.. ION, told u KQ will be back in black sooner than most imagine. Just waiting for one more signal to buy 65,000 shares in a single trade on 02.04.16. Insha'Allah Please tell me I am also speculating on this wounded brute! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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