Why start the route in the first place even after being told time and time again that it will be a very very hard sale/sell.... In the other side of the world an Icelandic airline called WOW flies from Dehli to Orlando....with one of the highetst cabin factor ever @ 92%

KQ should be included as a Management Case on how NOT to run a business!

Teach the next generation...

Which leads me to "choices have consequences"
I am so comfy in my "lack-luster" core firms that have less drama.
80% of my investment portfolio. 3-5% Dividend Yield.

I like to sleep at night.

Profits rise and fall but remain (usually) profitable and pay me a dividend.
KenRe - Management drama "solved" until 2022
KK - since Ohana took over
I&M - A top-10 KE bank but a large Tier 2 bank
Unga - Drama on ownership but profits are decent

I like to sleep at night Uzee

Is Sebastian already spending money he expects to get from JKIA?

@maka, Sebastian cannot be compared to TN and Ngunze. If Ngunze was to remain as CEO then KQ could have collapsed. @obiero, I have said here again and again that Ngunze was not an astute manager at all. Let me not keep repeating.

@maka, no feeder routes for JFK as of now. Route cannot begin and it breaks even on the 1st and 2nd year. It will only pick up as more routes are added i.e. more transfer pax via NBO. Mogadishu is very key. Turkish is reaping big from the big Somali diapsora and hence the decision made by Sebastian to fastrack. It will help to prop up JFK.

What KQ needs is passengers numbers to increase. The only way to increase is through new routes.

You cannot grow an Airline by shrinking it. You will allow the competitors to dominate and catching up with them will be very hard.

Sebastian is reversing the poor decisions made by Ngunze. There was nothing wrong with expansion. It is only that TN, Mbugua, Ngunze, Mwaniki and their political associates used the oppoturnity to loot. Instead of leasing planes, they opted for debt and inflated aircraft prices. It is corruption and mismanagement which led to the current state of KQ and not expansion.

I mean, you saw the forensic audit report how the looting took place. Do I really need to remind you this?

Ngunze was paying suppliers and staff salaries using loans and proceeds from disposal of assets. He even said on Citizen tv while being interviewed by Terryanne.

Boom! New uniform, new menu, new routes, new beginnings!

@arresteddev ET has beaten KQ in the race to MOG

Those uniforms look good on models who are in shape. The reality in the air is different.
I know it should not be a consideration but one of the pleasures of flying Ethiopian is...

Kenya Airways Plc has revived long-shelved plans to expand its network by proposing to buy as many as 10 Boeing Co. 737 Max aircraft as part of a five-year strategy.

The move follows three consecutive years of losses caused by a poorly executed expansion strategy and fuel-hedging contracts that saw it miss out on rock-bottom oil prices. The losses forced the company into austerity measures that included job cuts, a 15 percent fleet reduction and the abandonment of an expensive but valuable landing slot at London’s Heathrow airport.

“We’ve put out a proposal for 10 planes at the moment,” Chief Operations Officer Jan de Vegt said in an interview in the capital, Nairobi, on Wednesday. “We will then have to take two to three years at least to introduce them. You have to train pilots.”
The current fleet is insufficient for new routes the carrier plans to take up, De Vegt said. KQ will begin direct flights to the U.S. on Oct. 28.

“The Max, for instance, could take us to Rome, which our present 737s can’t,” he said. The jet has new engines, better aerodynamics and uses less fuel, “and if you use less fuel you can put more on board and you can fly farther.”

So I hear it’s romoured he’s 60+ years and comes as part of the Benefit in Kind (services for shares) from KLM smh.....

I will have @maka arrested over corporate espionage