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Kenya Airways...why ignore..
the deal
#14501 Posted : Wednesday, April 08, 2020 11:27:17 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
KQ is too big to fail!smile
obiero
#14502 Posted : Wednesday, April 08, 2020 12:33:47 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
ArrestedDev
#14503 Posted : Wednesday, April 08, 2020 1:15:56 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


Key players in govt not interested in building public entities to prosper. They are looking after their own interests and taking over profitable public enterprises.

This govt is killing KQ. It won’t be able to compete even if public money is pumped into it. KQ should be protected from competition but the players in govt are just after their own deals with Cargo, Chinese/ Qatari business partners, duty free space, hotel space in JKIA , supply contracts, etc.

They don’t care about the minority shareholders and the common people.
Spikes
#14504 Posted : Wednesday, April 08, 2020 2:43:14 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


You are approaching stocks from tainted perspective.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
ARAPCHARLEE
#14505 Posted : Wednesday, April 08, 2020 3:09:37 PM
Rank: New-farer


Joined: 4/28/2019
Posts: 88
Location: Talai
sqft wrote:
Selling "assets" to foot bills.





Jeso! Have MERCY! WOI!1.19cts!
Ericsson
#14506 Posted : Wednesday, April 08, 2020 7:22:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
tandich wrote:
Ericsson wrote:
sqft wrote:
Selling "assets" to foot bills.





An old Airbus plane


Looks like a Boeing fuselage


It has found a home in Kitengela where it's being remodelled to a club.

https://mobile.twitter.c...7878753512034304/photo/2
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sqft
#14507 Posted : Wednesday, April 08, 2020 10:41:27 PM
Rank: Veteran


Joined: 1/10/2015
Posts: 961
Location: Kenya
Ericsson wrote:
tandich wrote:
Ericsson wrote:
sqft wrote:
Selling "assets" to foot bills.





An old Airbus plane


Looks like a Boeing fuselage


It has found a home in Kitengela where it's being remodelled to a club.

https://mobile.twitter.c...878753512034304/photo/2


The walevi will certainly get high, very high.
Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
sparkly
#14508 Posted : Thursday, April 09, 2020 7:48:06 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.
Life is short. Live passionately.
Ericsson
#14509 Posted : Thursday, April 09, 2020 8:05:30 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#14510 Posted : Thursday, April 09, 2020 1:53:17 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?
Life is short. Live passionately.
obiero
#14511 Posted : Thursday, April 09, 2020 6:28:01 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
sparkly wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?

Not a narrative but a fact

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
sqft
#14512 Posted : Thursday, April 09, 2020 10:40:43 PM
Rank: Veteran


Joined: 1/10/2015
Posts: 961
Location: Kenya
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Also all passengers on delayed or canceled flights are booked exclusively at Weston. So hustler also has his snout in the kq trough. #Dynasty2.0. Everyone is eating and very happy except obiero.

https://www.kahawatungu....passengers-weston-hotel/
Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
maka
#14513 Posted : Friday, April 10, 2020 7:02:19 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
sparkly wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?

Not a narrative but a fact


How fast can you process pension?
possunt quia posse videntur
sparkly
#14514 Posted : Friday, April 10, 2020 9:52:38 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
sparkly wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?

Not a narrative but a fact


Prove it empirically
Life is short. Live passionately.
kaka2za
#14515 Posted : Saturday, April 11, 2020 3:03:57 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
obiero wrote:
sparkly wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?

Not a narrative but a fact


They said the same about KR. Kibaki dismantled it quickly.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
obiero
#14516 Posted : Saturday, April 11, 2020 7:43:18 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
maka wrote:
obiero wrote:
sparkly wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
the deal wrote:
KQ is too big to fail!smile

We will die and leave it ongoing.. Those thinking GoK will allow its collapse are wishful thinkers


If you want to know the end, look at the beginning (African Proverb).

GOK created KQ in 1977 after collapse of the East African Airways. The East Africans Airlines collapsed with the collase of the East African Community. It is rumoured that Kenyan pilots "stole" EAA planes by secretly flying them from Tanzania to Enbakassi on fears that the Tanzania Govt would appropriate them.

KQ was formed after the collapse of an airline and the collapse of a government. Fast forward 2020... the Government if broke, KQ is on a ventilator.

KQ was formed out of collapse of a Government and an Airline. It is not too farfetched to surmise that it can die the same way.


KQ is being kept afloat because the ruling elite are making money out of it.
Kamwana is there
Agwambo through Astral and Bakri.
Cargo handling business that was to be done by KQ is under Peter Muthoka
If Kenya gets a serious leader that who will destroy the dynasty, kq will either be let to die or rise up.


Do you buy @Obiero/thedeal narrative that it's too big to fail?

Not a narrative but a fact


How fast can you process pension?

1 month max

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#14517 Posted : Sunday, April 12, 2020 4:44:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Spikes wrote:
sparkly wrote:
Ericsson wrote:
obiero wrote:
sqft wrote:
Jambojet suspends all flights.

There was no option


They ferry cargo


Not practical:

1. Plane would have to be refitted for cargo. This means remove seats, overhead carriers, windows. Add rails for pallet containers.

2. Most jambojet planes are custom made for passengers and are not fit for cargo. Cargo versions need higher wings, more engine power and more fuel capacity.

3. There is no business. Cargo business is horticultural produce to Europe and consumer products from Europe and Asia. These markets have groumd to an halt.


#2 point is not necessary in the middle of the crisis . Higher wings,more engine power and more fuel capacity do not matter. What is relevant is weight capacity of the carrier. A passenger plane can carry cargo as long as is within its weight limit.

On this one the clown was thinking somewhat right. Today, KQ 2764 took off from Nairobi to Johannesburg packed with medical goods and essential items aboard one of our Dreamliners

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Spikes
#14518 Posted : Monday, April 13, 2020 8:52:55 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
Spikes wrote:
sparkly wrote:
Ericsson wrote:
obiero wrote:
sqft wrote:
Jambojet suspends all flights.

There was no option


They ferry cargo


Not practical:

1. Plane would have to be refitted for cargo. This means remove seats, overhead carriers, windows. Add rails for pallet containers.

2. Most jambojet planes are custom made for passengers and are not fit for cargo. Cargo versions need higher wings, more engine power and more fuel capacity.

3. There is no business. Cargo business is horticultural produce to Europe and consumer products from Europe and Asia. These markets have groumd to an halt.


#2 point is not necessary in the middle of the crisis . Higher wings,more engine power and more fuel capacity do not matter. What is relevant is weight capacity of the carrier. A passenger plane can carry cargo as long as is within its weight limit.

On this one the clown was thinking somewhat right. Today, KQ 2764 took off from Nairobi to Johannesburg packed with medical goods and essential items aboard one of our Dreamliners



I'd be SOMEWHAT genius if I invested all my FORTUNE in KQ a couple of years ago.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Ericsson
#14519 Posted : Monday, April 13, 2020 1:42:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://mobile.twitter.c...640605401186304/photo/1

https://www.businessdail...522630-12ifee/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
ArrestedDev
#14520 Posted : Monday, April 13, 2020 4:06:08 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
[quote=Ericsson]https://mobile.twitter.com/moneyacademyKE/status/1249640605401186304/photo/1

https://www.businessdail...22630-12ifee/index.html[/quote]

I said it herein. The cartels in the government wont allow this airline to prosper at all.

The problem is also with the management. They are not proactive at all. Any serious manager should have long seized the opportunity and used the passenger planes to ferry cargo across the globe but no one in KQ have done so.

ET must have been approached by the cartels/ owners of the cargo handling firms in Kenya and guaranteed approval by the Ministry of transport as shown by the quick response to the application.

We have a government that does not take care of the interests of its own strategic assets at all. This action proves what I have been talking about.

KQ in the first place should have been allowed to continue flying connecting passengers until demand dries up the way Qatar, Ethiopian are doing. Infact, Emirates is slowly restarting flights.

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