4 days to some terrible results(to say the least) ....just saying...they even had to get Njonjo,Chandaria,Kirubi (who says we should be in sync with KQ during the good times and during the bad times)...oooh and Vimal...won't change the dismal results...7-8 Billion loss.

Southwest Airlines is packing more passengers on planes than last summer and paying sharply lower prices for fuel. That's adding up to more record profits at the nation's fourth-biggest airline.

The company says it will use up to $500 million to buy back shares, which is designed to boost the value of the stock. The shares rose more than 5 percent in midday trading.

Southwest said Thursday that it earned a record $608 million in the second quarter, up 31 percent from a year earlier. It was the airline's ninth straight quarter of record profit.

Excluding one-time items such as employee bonuses and fuel contracts, the company said the adjusted profit was $1.03 per share, a penny higher than analysts expected, according to a survey by FactSet.

Southwest benefited from the sharp drop in oil prices late last year. The airline saved a whopping $420 million, or 29 percent, on jet fuel compared with the same period last summer.

Like its competitors Delta and United, American Airlines is raking in cash as fuel prices plummet—a rather preposterous amount of cash, it turns out. From the company’s call today:

Today we reported record earnings of $1.9 billion, excluding special charges for the second quarter, to record not just for the second quarter at American, but actually the highest earnings American has ever had in one quarter in its history. We’re not the keepers of all industry data, but since this was the highest earnings of any airline this quarter, we think it was it was the highest quarterly earnings that any commercial airlines has ever reported.

Even with charges, the number is nearly double the company’s previous best quarter.

American Airlines, in bankruptcy just 18 months ago, benefits even more than its competitors from declining fuel prices, since it doesn’t engage in elaborate hedging strategies to protect itself from price swings.

Air France-KLM Group will drop routes, curb winter-season seating capacity and deepen other cost-cutting measures after second-quarter earnings tumbled 22 percent.

Operating profit fell to 185 million euros ($203 million), hurt by a continuing slide in fares and a stronger dollar that increased fuel prices, the Paris-based company said Friday.

1 day to go

#SuicideWatch
#SuicideWatch
#SuicideWatch
#SuicideWatch

@Obiero, just as Kenyans kept watch over #KideroGrass, we shall do the same here.

Please post every hour.
9.52am Wazuans, have you seen @Obiero?

80,000 KQ shares not worth a #SuicideWatch