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Kenya Airways FY 2014 loss of 4.8bn!!!
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mibbz
#141 Posted : Saturday, July 19, 2014 1:44:59 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
freiks wrote:
Akenyan2014 wrote:
[quote=mibbz]Ethiopian Airlines to double capacity to Nairobi later in the year with 4 flights daily Addis-Nairobi. As someone said,competition is two times as fast with haalf the baggage.Perhaps it's time to do a mid-cycle evaluation of project mawingu and reposition themselves

http://www.businessdaily...4/-/tvw0jj/-/index.html[/quote]


Air Uganda Suspends Operations

Could KQ cash in on this route



@frieks there was a post over here that KQ are already charging $500 economy & $1500 business class to Entebbe.
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VituVingiSana
#142 Posted : Saturday, July 19, 2014 8:48:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
http://www.businessdaily.../-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Akenyan2014
#143 Posted : Saturday, July 19, 2014 9:26:24 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate-News/KQ-comes-to-Precision-Air-s-rescue-with--10m/-/539550/2390214/-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.


Like someone trying to rescue a friend slipping off on a cliff: Both can sink !! How long will it take to recoup the investment?
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Gordon Gekko
#144 Posted : Saturday, July 19, 2014 9:58:11 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate-News/KQ-comes-to-Precision-Air-s-rescue-with--10m/-/539550/2390214/-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.

KQ should take some of the prescription they are giving PW, sell and lease back the dreamliner fleet in order to avoid the VAT charges.....
But I like taking back control of the airline.
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  | | Edit by user: Saturday, July 19, 2014 9:59 PM | Reason: Not specified
VituVingiSana
#145 Posted : Sunday, July 20, 2014 12:07:09 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
Akenyan2014 wrote:
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate-News/KQ-comes-to-Precision-Air-s-rescue-with--10m/-/539550/2390214/-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.


Like someone trying to rescue a friend slipping off on a cliff: Both can sink !! How long will it take to recoup the investment?
This is going to have to be a very long-term play for KQ if it can be managed well. As is KQ needs to sort out its problems with KQ first.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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nyakosh
#146 Posted : Sunday, July 20, 2014 12:22:55 AM
Rank: New-farer

Joined: 8/14/2013
Posts: 20
Location: Copenhagen
Airlines is one of the most high risk value business as it depends heavily on international politics which is always a complicated affair. International politics controls world tourism trends and fuel prices among others.
Problems can be very complicated, solutions cannot be.
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Tall Order
#147 Posted : Sunday, July 20, 2014 4:20:11 AM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
Recently, an investor advised me to steer clear of airline stocks unless I was really sure of the happenings in the company. They remain some of the most risky investment vehicles.
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obiero
#148 Posted : Sunday, July 20, 2014 7:25:47 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
Gordon Gekko wrote:
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate-News/KQ-comes-to-Precision-Air-s-rescue-with--10m/-/539550/2390214/-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.

KQ should take some of the prescription they are giving PW, sell and lease back the dreamliner fleet in order to avoid the VAT charges.....
But I like taking back control of the airline.

both can sink or both can take off.. KQ is on the road less travelled and you all will see the fruits soon
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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VituVingiSana
#149 Posted : Sunday, July 20, 2014 9:18:25 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
obiero wrote:
Gordon Gekko wrote:
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate-News/KQ-comes-to-Precision-Air-s-rescue-with--10m/-/539550/2390214/-/op2v41z/-/index.html

So now KQ is spending more money to bail out Precision... Oh, well... And that requires the co-operation of the TZ govt [which hates Kenyans & Kenyan firms]. Good luck.

KQ should take some of the prescription they are giving PW, sell and lease back the dreamliner fleet in order to avoid the VAT charges.....
But I like taking back control of the airline.

both can sink or both can take off.. KQ is on the road less travelled and you all will see the fruits soon
After being burned in both KQ & KK [though no loss, just lower than expected gains in KK] I will pick KK at 8.60 vs KQ at 10.30 for my "Investment Challenge 2014" ... Pray Pray Pray
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#150 Posted : Tuesday, July 22, 2014 9:58:40 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
More competition for KQ
https://www.youtube.com/watch?v=VYDwnilHe-E
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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