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Kenya airways records 6.589bn 1H loss.
mlennyma
#1 Posted : Tuesday, November 06, 2012 9:44:05 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
http://af.reuters.com/ar...s/idAFN6E8HE00C20121106
"Don't let the fear of losing be greater than the excitement of winning."
2012
#2 Posted : Tuesday, November 06, 2012 9:47:49 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Wow! That's HUGE!
It's time for Titus to do the 'honorable thing'.
Let's wait for it at 3/-

BBI will solve it
:)
mlennyma
#3 Posted : Tuesday, November 06, 2012 9:52:39 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Surely whats left?its only 1H and expansion not working as anticipated.
"Don't let the fear of losing be greater than the excitement of winning."
StatMeister
#4 Posted : Tuesday, November 06, 2012 9:56:57 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
I expected a loss, and factoring layoff costs, 1b. They have exceeded my expectations by far. They just lost all the money they made for last 10 years.

All these losses companies are making (kq, total, kk, marshals, cmc...), and the counters are still bullish, what is it am missing? How long will these struggling companies take.to reverse the losses?
A bad day fishing is better than a good day at work
mlennyma
#5 Posted : Tuesday, November 06, 2012 10:17:33 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
http://af.reuters.com/ar...ws/idAFL5E8M61L520121106
"Don't let the fear of losing be greater than the excitement of winning."
maina20
#6 Posted : Tuesday, November 06, 2012 11:00:35 AM
Rank: Member

Joined: 7/21/2010
Posts: 249
Location: nairobi
http://www.businessdaily...18/-/ubqgpd/-/index.html
..desire to succeed is always fighting with fear of failure..
youcan'tstopusnow
#7 Posted : Tuesday, November 06, 2012 11:36:58 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Jeeez! Managed to 'beat' KK I see...;-)
GOD BLESS YOUR LIFE
Aguytrying
#8 Posted : Tuesday, November 06, 2012 1:01:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
When the company files for bankruptcy in a few years is when most will realise, this is not a good company at this moment
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#9 Posted : Tuesday, November 06, 2012 1:27:01 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
There could be alot of worry about collapsing if the gvt was not a major share holder.
"Don't let the fear of losing be greater than the excitement of winning."
guru267
#10 Posted : Tuesday, November 06, 2012 4:07:08 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i recently had a discussion about airlines with someone here! I lWonder where they are now! Sad
Mark 12:29
Deuteronomy 4:16
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