This one you avoid it like fire
looking at it from a safe distance lest it crash lands

Citi recently gave KQ a target price of 18...

And if you see SC rising/gaining know that we are in a BULL market!

2nd paragraph
http://www.businessdaily...1/-/ygu1n1/-/index.html

Also join Wazua Googlegroup if not a member already...

Kenya Airways passenger
traffic in the first quarter to June remained unchanged, in what is likely to delay the
quick recovery of the
national carrier.
Data for the three months show passenger numbers remained at 841,238 passengers, as poor performance on the
European, Asian, and
domestic routes offset the 2.9 per cent growth on African routes—which
account for 52.9 per cent of its traffic.
http://www.businessdaily...6/-/jke0ff/-/index.html

300 staff to be affected by the job cuts

I think unions are led by un-reasonable thugs who can easily bring companies down.

Ditto @hisah!

KQ Management has been making the worst decisions I have ever heard. From the rights issue timing to the expansion programme and the latest one being firing employees, this will only affect the position of the company in short term announcements but eventualy they will have to face the reality of the day.

1. Cost of operation.
2. Cost of fuel.
3. Dividend payment (taking into account other creditors being paid first to offset the expansion programme).

Otherwise I wouldn't mind to buy this comapny for my one year old kid at a discount.