LOL. In the same plane there is a chap who paid KES 6,500.. Tuwache drama

All flights were booked by lawyers going for the annual south migration (LSK annual retreat).

JJ made money. The hotels in south coast made money. Why is he complaining? Is the money made from the lawyers inferior to the white man's dollar/pound?

[quote=moneydust]KQ enters bus transport business

Talk of losing focus...[/quote

Kq shareholders should not interpret this as good news.
The shuttles have been bought on loans as the company is on negative equity.That means an increase on finance costs which currently stands at 7 bilion.
It also means there will be an increase on long term debts which currently stands at 113 billion.
Worse still,there is the operational deficit of 30 bilion which is serviced by expensive overdrafts and short term borrowings.
Therefore any gain made here will be wiped out by finance costs.
If you talk about seeing a walking corpse somewhere,i will believe you based on kq company.

They will not buy the buses but lease (or outsource) them. I have used "JJ" buses in Mombasa and Eldoret. They are much cheaper than using taxis.

From Castle to MIA was 250/- (or so). A cab would be 1,000/-
From Eld Airport to town was 200/- (or so). A cab would be 1,700/-

The only downside I see is the limited services they offer. The buses should be available every 30-60 mins to/from JKIA.

Transfers and karibu?They already have a service similar to this...they can always meet and greet you, get you a cab plus book a hotel for you for a fee ofcourse...

This business is a non starter. It's basically throwing good money.

......................

@maka,thanks for accepting postive criticism.My cousin is subjective.He has emotionaly attached himself with a vampire and he wont accept to be told the truth.
My comments are based on the FY 2016.If they are poor,it means the results were poor which is true.
Even if the buses are leased,it wont bring any significant change to kq books.
They sold very many assets in the last FY.What we saw in the results was only ksh 6 bilion.So from the buses,what will reflect in the books? i dont think it will reach even 500 milion.This will not help the current deficit.
I have insisted here that what kq needs is urgent cash injection of kshs 30 bilion.That will wipe out the deficit.It will result into a pretax profit of 4 bilion.If this does not happen,shareholders should wait for atleast the next 5 years for the company to make a net profit.

The real low costs like EasyJet and Southwest don't have such sickening price variation's even if one would have to hope in the aircraft from sleep to airport.
I am afraid but the system of ticketing being used JJ is more or less the same as the Legacy airlines...if not not worse.
I don't think even KQ will charge you 29K one way to Mombasa...in economy class!?

I doubt if it will have any impact. Is uber more than Kshs. 1,000 from JKIA to Town? The recent price cuts effected, what does it mean for such a service?

Enyewe we are "shallow"