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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
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@maka did the third NY flight fill up
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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ArrestedDev wrote:It is not a significant development per se. Fastjet entry into Kenya. KQ has a competitive advantage due to inbound customers from Europe, America and Asia. Any local carrier without such traffic cannot pose a threat to KQ. Chips away at KQ's (JJ's) market for domestic passengers. I have one more choice for my local flights.  for competition! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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obiero wrote:Ericsson wrote:ArrestedDev wrote:It is not a significant development per se. Fastjet entry into Kenya. KQ has a competitive advantage due to inbound customers from Europe, America and Asia. Any local carrier without such traffic cannot pose a threat to KQ. What about Jambo jet Jambojet is KQ and KQ is Jambojet. All these other local airlines just exist for capacity leftovers.. KQ various local daily flights are +30 in number!!! +30 flights to local destinations for KQ&Jambojet which represents over 70% of the marketshare. Some of these new guys are doing only 2-3 scheduled flights per day and with the current KES 2,200 offer by JJ, I would not be shocked if Fly540, Air Kenya, Silverstone et al quit the market So is JJ doing 2,200/- just to undercut the rest? It's a pity coz the rest of the taxpaying firms do NOT have GoK bailout money! Greedy 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: 14,223 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ericsson wrote:ArrestedDev wrote:It is not a significant development per se. Fastjet entry into Kenya. KQ has a competitive advantage due to inbound customers from Europe, America and Asia. Any local carrier without such traffic cannot pose a threat to KQ. What about Jambo jet Jambojet is KQ and KQ is Jambojet. All these other local airlines just exist for capacity leftovers.. KQ various local daily flights are +30 in number!!! +30 flights to local destinations for KQ&Jambojet which represents over 70% of the marketshare. Some of these new guys are doing only 2-3 scheduled flights per day and with the current KES 2,200 offer by JJ, I would not be shocked if Fly540, Air Kenya, Silverstone et al quit the market So is JJ doing 2,200/- just to undercut the rest? It's a pity coz the rest of the taxpaying firms do NOT have GoK bailout money! @vvs here you miss the point. close to half of the people who bought the KES 2,200 offer seats will not travel! they only bought the tickets just because they were cheap but leave will be denied, funds to accompany the travel shall not be located etc.. its simply excellent marketing.. the company shall keep selling ordinary tickets and only avail the offer seats, if space is available! terms and conditions apply
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:ArrestedDev wrote:It is not a significant development per se. Fastjet entry into Kenya. KQ has a competitive advantage due to inbound customers from Europe, America and Asia. Any local carrier without such traffic cannot pose a threat to KQ. What about Jambo jet Jambojet is KQ and KQ is Jambojet. All these other local airlines just exist for capacity leftovers.. KQ various local daily flights are +30 in number!!! +30 flights to local destinations for KQ&Jambojet which represents over 70% of the marketshare. Some of these new guys are doing only 2-3 scheduled flights per day and with the current KES 2,200 offer by JJ, I would not be shocked if Fly540, Air Kenya, Silverstone et al quit the market So is JJ doing 2,200/- just to undercut the rest? It's a pity coz the rest of the taxpaying firms do NOT have GoK bailout money! @vvs here you miss the point. close to half of the people who bought the KES 2,200 offer seats will not travel! they only bought the tickets just because they were cheap but leave will be denied, funds to accompany the travel shall not be located etc.. its simply excellent marketing.. the company shall keep selling ordinary tickets and only avail the offer seats, if space is available! terms and conditions apply JJ are competing with SGR Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
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sparkly wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:ArrestedDev wrote:It is not a significant development per se. Fastjet entry into Kenya. KQ has a competitive advantage due to inbound customers from Europe, America and Asia. Any local carrier without such traffic cannot pose a threat to KQ. What about Jambo jet Jambojet is KQ and KQ is Jambojet. All these other local airlines just exist for capacity leftovers.. KQ various local daily flights are +30 in number!!! +30 flights to local destinations for KQ&Jambojet which represents over 70% of the marketshare. Some of these new guys are doing only 2-3 scheduled flights per day and with the current KES 2,200 offer by JJ, I would not be shocked if Fly540, Air Kenya, Silverstone et al quit the market So is JJ doing 2,200/- just to undercut the rest? It's a pity coz the rest of the taxpaying firms do NOT have GoK bailout money! @vvs here you miss the point. close to half of the people who bought the KES 2,200 offer seats will not travel! they only bought the tickets just because they were cheap but leave will be denied, funds to accompany the travel shall not be located etc.. its simply excellent marketing.. the company shall keep selling ordinary tickets and only avail the offer seats, if space is available! terms and conditions apply JJ are competing with SGR Head on.. Twende twende! Brake ikikatika bahati mbaya! Compe ni compe roho safi
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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A company that has more posts on Wazua than profits it has made for shareholders in the last 5 years. Life is short. Live passionately.
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Rank: New-farer Joined: 2/27/2018 Posts: 59 Location: Cambrian Dc
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sparkly wrote:A company that has more posts on Wazua than profits it has made for shareholders in the last 5 years. KQ has made me some cash since last year. I have benefited from the up and down swing of the share. I bought some at ksh.12.5 then sold them at ksh.15 some months back and just last week I disposed of some that I had bought at ksh.10 at ksh.12.8. I will wait for the share to hit ksh. 10 then I jump in again. There's no other way to repay our losses from the consolidation. If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
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VyaBureSiachi wrote:sparkly wrote:A company that has more posts on Wazua than profits it has made for shareholders in the last 5 years. KQ has made me some cash since last year. I have benefited from the up and down swing of the share. I bought some at ksh.12.5 then sold them at ksh.15 some months back and just last week I disposed of some that I had bought at ksh.10 at ksh.12.8. I will wait for the share to hit ksh. 10 then I jump in again. There's no other way to repay our losses from the consolidation. Hapo sasa. The future belongs to the bold. Anyone buying under KES 12.5 and has capital at least enough to defend a minimum ratio of 2 new shares for each share held at KES 5 shall be wealthy before end of 2018
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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sparkly wrote:A company that has more posts on Wazua than profits it has made for shareholders in the last 5 years. 6 years. There's a lesson in it. My first major loss [from the high of 120 to 14] in absolute terms. I am glad I learnt the lesson early so I can (try to) avoid it in the future. I might have still screwed up with KenRe.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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