Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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ArrestedDev wrote:maka wrote:obiero wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:maka wrote:sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:Chris Kirubi is a shareholder so that he can do business with KQ For a start he has a stake in NAS Servair, the company that supplies the "meals" on KQ NAS is doing a splendid job for KQ KQ does an excellent job making money for NAS Servair. That contract might be reviewed shortly.... With Sebastian, the review will go through. The cost base of the Airline must come down by all means, @maka, pls. report here when things happen on this. Real turnaround in the works. De-levaraging of the balance sheet shall put KQ on the solid path to profitability. Sijui mbona watu hawaoni If the only issue was Finance costs, your statement would be valid. The problem goes much deeper than finance costs. All the other myriad issues have also been sorted.. In particular, revenue generation is on the up and up Interesting fellow this Sebastian...he was travelling to Dubai today decided to use ET rather than KQ....to check what the competition is doing,..btw from October ET will be handling KQ flights to Addis and Djibouti.... Cool stuff. Let him have a look first hand and formulate a winning strategy to counter ET. What rates are being charged by ET? It must be cheaper than Swissport and the likes? I have a firm believe that Sebastian will lower the cost base of KQ. I never knew I would live to see the day when I would agree with @arresteddev. We count down to the EGM KQ ABP 4.26
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