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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:https://www.standardmedia.co.ke/business/article/2001299573/it-is-tears-for-owners-of-property-on-jkia-land
It is a fresh round of tears and pain for developers who have built on airport land with property worth billions set for demolition. An estimated 50 warehouses will be pulled down before October 28 when direct flights from the Jomo Kenyatta International Airport to New York commence. Undeveloped plots will also be restored to the Kenya Civil Aviation Authority (KCAA).
This was anticipated.. Its a very risky route for the USA HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,056 Location: Nairobi
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Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately. All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"... "New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down. KQLC should take a haircut and GoK should make good on its guarantees to KQLC. NOT AN EASY DECISION TO MAKE. Good luck! 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: 13,475 Location: nairobi
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VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Wewe unaishi kwa vacuum HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Or just spin-off JamboJet and make it the national carrier with leased assets. Leave the creditors to scavenge KQ. Sometimes painful decisions have to be made. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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sparkly wrote:VituVingiSana wrote:Rather than pumping in more cash into the moribund "Kenya Airways Plc" the designation of KQ should be transferred to a "New KQ" immediately.
All sensible contracts, routes, agreements and necessary employees should move to "New KQ" while the unwanted liabilities and employees stay at "Old KQ"...
"New KQ" would be owned by the creditors but it can rise like a phoenix over the next few years without the baggage of the "Old KQ" tying it down.
KQLC should take a haircut and GoK should make good on its guarantees to KQLC.
NOT AN EASY DECISION TO MAKE.
Good luck! Or just spin-off JamboJet and make it the national carrier with leased assets. Leave the creditors to scavenge KQ. Sometimes painful decisions have to be made. None of both your dreams are valid HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,056 Location: Nairobi
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Meanwhile KQ should support KK by buying fuel from KK. In cash. 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: 13,475 Location: nairobi
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VituVingiSana wrote:Meanwhile KQ should support KK by buying fuel from KK. In cash. Wewe ngoja full year results kwa amani HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote: Tutazidi kufinya vinyangarika wote wanao filisi KQ.. Hapa kazi zitapotea. New York has to happen
@Obiero your Head of State and Commander in Chief of the Armed Forces has stated the US flight shall take off next week (Mashujaa Day Speech) Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Pesa Nane wrote:obiero wrote: Tutazidi kufinya vinyangarika wote wanao filisi KQ.. Hapa kazi zitapotea. New York has to happen
@Obiero your Head of State and Commander in Chief of the Armed Forces has stated the US flight shall take off next week (Mashujaa Day Speech) I was at the stadium my friend.. Now headed to Kakamega New Referral. The decision to dismiss was made last week on Tuesday when the rumor first floated.. Anyone who doesn't show up for work on the inaugural flight day, without good and just cause, is summarily dismissed. Simple HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Some inspirational KQ video HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Richard Quest just jetted in at terminal 1, one of many confirmed celebrity passangers on the inaugural flight to New York.. Media blitz expected via CNN.. Can't wait for the "showers of blessing" at JFK HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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China/looking East make more money than these US routes. Wonder why KQ is making this obvious mistake In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Angelica _ann wrote:China/looking East make more money than these US routes. Wonder why KQ is making this obvious mistake How can you call a route connecting east africa's financial hub to the worlds financial centre a mistake?
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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hardwood wrote:Angelica _ann wrote:China/looking East make more money than these US routes. Wonder why KQ is making this obvious mistake How can you call a route connecting east africa's financial hub to the worlds financial centre a mistake? Competition & preferences - will KQ manage. Let us wait & see, time tells all. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Angelica _ann wrote:hardwood wrote:Angelica _ann wrote:China/looking East make more money than these US routes. Wonder why KQ is making this obvious mistake How can you call a route connecting east africa's financial hub to the worlds financial centre a mistake? Competition & preferences - will KQ manage. Let us wait & see, time tells all. I hope that this will give those without a clue, some perspective HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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I hear CNN's Richard Quest will be on the inaugural flight. What better news and boost of confidence?!! BBI will solve it :)
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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2012 wrote:I hear CNN's Richard Quest will be on the inaugural flight. What better news and boost of confidence?!! Even Kanye West may be inside. We are working hard to get it to happen HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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obiero wrote:2012 wrote:I hear CNN's Richard Quest will be on the inaugural flight. What better news and boost of confidence?!! Even Kanye West may be inside. We are working hard to get it to happen If Kanye is in so will the queen of slays, Kim. That would be another huge endorsement. BBI will solve it :)
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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2012 wrote:obiero wrote:2012 wrote:I hear CNN's Richard Quest will be on the inaugural flight. What better news and boost of confidence?!! Even Kanye West may be inside. We are working hard to get it to happen If Kanye is in so will the queen of slays, Kim. That would be another huge endorsement. The issue is not the hullabaloo / celebrations about the flight(s)...Rem we used to get dreamliners every Saturday for almost 8 months...How did that turn out.... After the first 2 flights its back to some serious issues about the route profitability.... possunt quia posse videntur
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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maka wrote:2012 wrote:obiero wrote:2012 wrote:I hear CNN's Richard Quest will be on the inaugural flight. What better news and boost of confidence?!! Even Kanye West may be inside. We are working hard to get it to happen If Kanye is in so will the queen of slays, Kim. That would be another huge endorsement. The issue is not the hullabaloo / celebrations about the flight(s)...Rem we used to get dreamliners every Saturday for almost 8 months...How did that turn out.... After the first 2 flights its back to some serious issues about the route profitability.... Thanks @maka for this. I observed the same hapo juu nikaambiwo am not patriotic. Will the route sustain itself? Only time will tell. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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