thats good to know but as usual muted response from the stock...

Did you get a chance to break out the numbers? I prefer tables to the current presentation.

So what the ex-Kenya growth in passengers?

Aw, come on... Mombasa shuttle to hoodwink investors? LOL... I think it is a strategic move to move passengers back to KQ from other airlines.

Air Uganda flies Entebbe-Mombasa. KQ figures additional/easier Entebbe-Nairobi-Mombasa connections can counter Air Uganda.

Fly540 had started eating into the domestic market but now KQ has taken part of it back. BTW, the lower airfare has also helped build a bigger cake.

Previously, I had to think hard about going to Mombasa. It was pricey at 12,000 return. Now I can go from 6,000 to 8,000 return. I like the option of buying 1-way flights. I can drive down with a friend then fly back when I want. Many hotels now offer packages including flights which gives KQ guaranteed sales.

Finally, KQ wants to hold on to the lucrative international travel. If you want to fly Mombasa-London then you can fly KQ all the way all day. No need to book 2 flights. Why use Fly540 then check in with BA/VA when you can fly KQ from MBA-NBO-LHR?

well the shuttle is good...but why dedicate all those resources to your less profitable operation? if it was Accra..Lagos...or Lusaka i would be excited...bdw NBO-JHB is full of delays so is LSK-NBO..i expect a signicant surge in costs due to increased head count due to operations like the shuttle..overall a lot of news flows in the loop to lift the share from 30's to 40's maybe 50's...that will encourage TN to do a Rights Issue..for me i'm staying out pending more info on the capital call...well i didnt have time to crunch those numbers but ex Kenya is positive apart from the fact that its single digit...also the Cabin factors have been stagnant while CAPACITY has increased..KQ has one of the lowest cabin factors in the industry...the 4th quater was better than the 3rd one which triggerd the sell off.

i think kq is using this strategy which is very tactful this is advertising at the same time retaining customers yes it may be true that nbo-msa route brings in only 4percent but these customers are also use kq for abroad flights i think one has to compute how much kq is saving in terms of marketing costs b4 u can say its making losses in my opinion nbo-msa route is killing two birds with one stone