Every action has a reaction

We are headed back to KES 10 and higher. Akisema atakubariki.. :)

As SAA tackles the largest cost item; SA Airways to test tobacco biofuel in 2015 Read more: http://www.southafrica.i...hTZqOO6Sp#ixzz3LVOCqgCL

Going by the stats of only 12% infra-Africa trade, there should be more than enough for everybody. Political goodwill, infrastructure, people-goods-capital flows and we've got it!

In terms of profitability, that's on a case by case basis.

@Obiero when will your Jambojet do NBO-HRE? Now that Fastjet imewekwa brakes?!? *disgruntled*

Give us a break, I think we need a consultant to do civic education about KQ.

When air traffic controllers go on strike it is Not KQ, it is KCAA staff.

When JKIA gets fire, it is Not KQ, it is KAA premises on fire.

When you see a huge KQ advert on Mombasa road painted the Pride of Africa that structure Not owned KQ, it is Ogilvy or equivalent advertising firm carrying out advertising work on behalf of the client KQ.

In every negative news in aviation the headlines on many dailies carry 'gory' pictures of the otherwise healthy KQ aircraft.Even for an airport tender gone sour they still hang a placard of the dreamliner on the headlines NKT KQ needs to sue those mischievous reporters in the spirit of supporting the new amendments to the Security laws.

When ATC's go on strike, who spends fuel on the apron while waiting for clearance?

When JKIA catches fire, who burns fuel taking aircraft to Mombasa/Entebbe for parking?

@Monk one can only for KQ. You got my point. It matters little whether it is KCAA's 'fault' or KAA's 'premises' that catch fire... It's KQ that pays the price for grounded aircraft, delayed flights, pricey taxiing or circling around JKIA...

KQ makes money when its aircraft are in the air full of passengers & cargo. Not when the planes are sitting on the ground, empty...

@ VVS, I din't miss your point , you had none. You are right @Obiero on this one. It is not that I don't reckon the myriad of challenges but are you not aware that most of these issues being raised daily affect all other airlines as well? Kenyans have never been proud of anything they own. Only giving negative sides of parastatals even when they try to make a small profit.
Remember what happened to Orange. All the time it was making losses, and state diluting its shareholding. Only to come out last year and say it made a profit - long after the govt. had found its holding diluted.

Kuwa mpole @ ak. KQ is hardest hit by these issues as it uses JKIA as its hub. All their aircraft pass through JKIA as opposed to other airlines where only a few aircraft need to come to JKIA. In addition, other airlines can choose not to come to Nrb if issues get elephant. KQ cannot do that.

... BTW, how's the dividend? Oops, I meant the possibility of a dividend in 2018 only if the shareholders pump in a plenty of ma-billions to wipe off the debts!

So get ready to support your hometown airline by buying more, more, more shares in the Rights Issue! I estimate KQ needs at least Shs 30bn to enable it reduce the debt [interest payments] to manageable levels.

Current Market Cap with 1.5bn shares issued = 13bn [which is now lower than what KQ raised in the 2012 Rights Issue]
Raising 30bn means issuing 3.5bn shares... Get your RTGS ready!

JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU...

I have balls of clay when it comes to 'loser' investments.
Comprehensive PBT Loss of 13.5bn in 6 months. I do not see a profit for the 2H seeing how few tourists are showing up. Add the continuing ebola scare + al-shabaab.
As for lower oil/fuel prices, KQ will benefit but also lose on hedges in place. KQ has stopped giving detailed info. What are they scared of?