Only system that works. Even the communist leaders of China are managing a Capitalist economy!!!

I love Capitalism!!! It means if I work my a$$ off, I keep what I get [after taxes].

KQ had excellent passenger numbers all thro last year...which however did not turn into profit... a full plane is little to go buy especially if bulk of revenues is eaten up in costs and inefficiency..

Is there a way they could handle every person or unit of cargo as a cost centre? ... find out how much revenue per passenger turns into profit...how much does it cost to transit a person/unit of cargo..

then...only then would a full plane be a reason to smile..

sasa hii ni upuzi wanafanya!! amp;

With the longterm economic bullishness on Africa, travel volumes will surely spike and judging it's over 7 years a rights issue will not be any time soon. Look at all the hotel properties coming up in the country/SSA and you'll see that KQ isn't 'mad'. My 2cts. PS: No interest in KQ but in a expanding SSA hospitality group on the ZSE biased toward city/business hotels.

A debt to equity ratio of 257% by 2015...

I rarely touch stockz with a debt to equity ratio higher than 50%...

KQ will have to raise shareholders funds to 200billion in the next three years just to be back at 100% debt to equity...

Lets see how a company with just 1.5billion PAT will achieve such a feat!

KQ diehards may draw consolation from this theory...

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