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Kenya Airways FY 2014 loss of 4.8bn!!!
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.
VituVingiSana
#142 Posted : Saturday, July 19, 2014 8:48:17 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
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
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?
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.
VituVingiSana
#145 Posted : Sunday, July 20, 2014 12:07:09 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
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
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.
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.
obiero
#148 Posted : Sunday, July 20, 2014 7:25:47 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,552
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

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#149 Posted : Sunday, July 20, 2014 9:18:25 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
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
VituVingiSana
#150 Posted : Tuesday, July 22, 2014 9:58:40 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
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
maka
#151 Posted : Tuesday, July 22, 2014 2:52:53 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The new terminal 1A went live today with the departure of the dreamliner ,it went well...Friday this week they will do 4 flights,if everything is ok Tuesday its officially opened.
possunt quia posse videntur
littledove
#152 Posted : Saturday, July 26, 2014 9:08:24 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
http://www.capitalfm.co.ke/business/2014/07/kq-in-pact-with-delta-on-west-africa-route/
The Kenya Airways flight will offer seamless connections from Monrovia to Accra while Delta will offer nonstop flights between Accra’s Kotoka International Airport and New York’s John F. Kennedy International Airport.

There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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