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Now Jetlink closes shop!!!
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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The dynamics of doing business have changed in the recent past,risks are becoming too many in every sector no one single company is insulated by the ongoings in their surroundings...only companies with sound risk management will be able to survive you just dont wake up one morning and decide to choke a competitor to its death bed,that wont work...if your planning to offer cheaper services look at cost reduction and get to know the real impact of the cheap services to your bottom line..next up Yu...http://www.businessdailyafrica.com/Corporate-News/Yu-mulls-tariff-rise--to-meet-high-cost-of-doing-business-/-/539550/1621328/-/ja07ar/-/index.html now is when they realise that the cheaper calling costs isnt helping them a bit...you,ll please some people for sometime but you will force the entire company to its knees. possunt quia posse videntur
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Rank: Veteran Joined: 9/19/2011 Posts: 1,694
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keraka wrote:RAO has no shareholding at in Jetlink.That you can take to another bank Kenyans and emtry gossip.
I once bumped across rumors in my village that am a big man in Nairobi and own a fleet of transport trucks which was far from the truth,that not withstanding i enjoyed the false material glorification and hope RAO must be doing the same. You know @impunity is always trying to be like @Mcdoba with "fresh" news so you can forgive him. Substandard rumour at best.
“People will believe a big lie sooner than a little one, and if you repeat it frequently enough, people will sooner or later believe it.” ― Walter C. Langer
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Rank: Member Joined: 8/7/2012 Posts: 180
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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Ms Mkenya wrote:Sad.. And yet we are busy talking badly about KQ. Running an airline seems to be very hard. ..would you still buy KQ now?  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Veteran Joined: 5/13/2010 Posts: 869 Location: Nairobi
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ProverB wrote:Ms Mkenya wrote:Sad.. And yet we are busy talking badly about KQ. Running an airline seems to be very hard. ..would you still buy KQ now? Ha ha not sure. KQ has a way of rising up.. so i am not entirely sure i would not.. ....above all, to stand.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Ms Mkenya wrote:Sad.. And yet we are busy talking badly about KQ. Running an airline seems to be very hard. All the same it's time for the KQ CEO and board to go. That loss in just 6mths is just too huge and beats logic.
BBI will solve it :)
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Rank: Member Joined: 9/2/2010 Posts: 563 Location: Embakasi
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Impunity wrote:kollabo wrote:mawinder wrote:Impunity,you are wrong.the owner of jetlink is peter kegode and elly aluvale is the front.however kegode is messi's bro and they dont see eye to eye. @mawinder Peter Kegode is not Messi's bro. Messi has a step bro called Kegode an ex-army guy who is his political opponent. You could be confusing the two. messi and oar owns jetlink, this u can present to any bank. What are the origins of the messi nickname? In a place where thought is abandoned, freedom can become a curse.
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Rank: Member Joined: 2/24/2010 Posts: 637 Location: Nairobi
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grolut wrote:Impunity wrote:kollabo wrote:mawinder wrote:Impunity,you are wrong.the owner of jetlink is peter kegode and elly aluvale is the front.however kegode is messi's bro and they dont see eye to eye. @mawinder Peter Kegode is not Messi's bro. Messi has a step bro called Kegode an ex-army guy who is his political opponent. You could be confusing the two. messi and oar owns jetlink, this u can present to any bank. What are the origins of the messi nickname? Having been a good student of Rao with his theatrics about politics being like football.On his defection from ODOMO he declared himself the latest Messi to score the winning Goal.The Irony was calling himself messi with that potbelly. The only thing necessary for the triumph of evil is for good men to do nothing.
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Rank: Member Joined: 3/18/2008 Posts: 377
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"How do you become a millionaire? Make a billion dollars and then buy an airline." -- Warren Buffett Warren Buffett summarized the experiences of airline industry. I guess companies start making money when they merge over the years until they create a strong oligopoly. We are going to see lots of changes in this industry with the expansion of FLY540 with bigger jets. "You've never lived until you've almost died; for those who have fought for it, life has a flavour the protected will never know."
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Jetlink Express is owned by Captain Elly Aluvale, Kiran Patel,Pele and Messi. JetlinkIf you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Veteran Joined: 10/13/2011 Posts: 660
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just heard kajwang requesting the govt to loan jetlink 1B kshs. i suppose then we can all line up at treasury and fill out GOK loan application forms to finance that car/plot/house purchase. and commercial bank staff should start job hunting
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Mastermind wrote:Jetlink Express is owned by Captain Elly Aluvale, Kiran Patel,Pele and Messi. Jetlink ...wapi@keraka ye ndiyo alikuwa ana yap yap,kelele ya chura...they shouldnt be given even a single penny from the GOK,y bailout a company thats careless with its risk controls. possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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maka wrote:Mastermind wrote:Jetlink Express is owned by Captain Elly Aluvale, Kiran Patel,Pele and Messi. Jetlink ...wapi@keraka ye ndiyo alikuwa ana yap yap,kelele ya chura...they shouldnt be given even a single penny from the GOK,y bailout a company thats careless with its risk controls. Pele and his minions... just opening their mouths without thinking. Life is short. Live passionately.
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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If the 170 million is because of a currency crunch how come they cant get a bank to cover it and provide short term relief? ....especially since the owners are politically connected. 170 million is not a lot of money in the corporate world.
I am guessing people have pulled out money for political purposes and no bank cover a company with such red books ....or it was already doing very badly for a long time and is now on its death throes and we are just being fed a line of BS by their PR office.
A lesson for suppliers to companies owned by politicians ...ask cash upfront or keep them on a very tight leash ...credit wise.
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Rank: Member Joined: 2/18/2011 Posts: 448
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they did and have been getting the cash upfront from Equity Group but seems Equity became impatient and are fearing a major loss on their side should the sudanese pound weaken against the dollar as anticipated.
KQ also has a cash crunch currently but it seems its lenders are willing to give them overdrafts to cover their recurrent expenditure.should the lenders get impatient they shall go the jetlink way
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Impunity wrote:Owners: Oarmessi.  Nani anachenga nani (who is bankrupting who ??) Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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quicksand wrote:If the 170 million is because of a currency crunch how come they cant get a bank to cover it and provide short term relief? ....especially since the owners are politically connected. 170 million is not a lot of money in the corporate world.
I am guessing people have pulled out money for political purposes and no bank cover a company with such red books ....or it was already doing very badly for a long time and is now on its death throes and we are just being fed a line of BS by their PR office.
A lesson for suppliers to companies owned by politicians ...ask cash upfront or keep them on a very tight leash ...credit wise. The drama begins.. tereng! -Ksh.440 million in unpaid rentals, -350 employees sent packing  -All operations halted -Planes 'ordered detained' RINKPesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/1/2010 Posts: 3,024 Location: Hapa
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Jet;ink's licence renewedQuote: "The airline’s managing director, Mr Elly Aluvale, said he had not received official communication from KCAA on the licence renewal, but added, Jetlink hopes to begin preparations to fly again within the first three months of 2014." Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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Now Jetlink closes shop!!!
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