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KQ FY15 Loss of Ksh. 26 Bn
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Zoori
#61 Posted : Tuesday, September 01, 2015 8:10:53 AM
Rank: Hello


Joined: 6/5/2015
Posts: 9
[quote=D32]

From here http://www.ethiosports.c...-african-carriers-sink/[/quote]

do you have their financials?
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D32
#62 Posted : Tuesday, September 01, 2015 12:33:49 PM
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Joined: 2/16/2012
Posts: 808
@Zoori

No, sorry.
They tried to bury us, they didn't know we were seeds.
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Kausha
#63 Posted : Tuesday, September 01, 2015 1:11:37 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
Worried for KQ more than before because of the ET's 79 planes, 6m pax and the low fares they charge compared to KQ's numbers and high fares. ET is still rejigging it's fleet and will go after the rest of KQ's lunch in due course unless KQ can justify their high fares with corresponding service.
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Cde Monomotapa
#64 Posted : Tuesday, September 01, 2015 1:13:39 PM
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Joined: 1/13/2011
Posts: 5,964
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bubethi
#65 Posted : Tuesday, September 01, 2015 7:04:46 PM
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Joined: 9/17/2006
Posts: 94
CS Rotich; "KQ Board and management shake-up before bailout"

RINK
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enyands
#66 Posted : Tuesday, September 01, 2015 7:23:41 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
[quote=D32]

From here http://www.ethiosports.c...-african-carriers-sink/[/quote]

these guys charge high cost of travel and they end up making losses? I see there is a problem somewhere. Id rather use Ethiopia airlines and help that country with my little money instead of KQ and blame it on anti-patriotism. of course ill go where its cheaper...helloo
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newfarer
#67 Posted : Wednesday, September 02, 2015 6:01:12 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
bubethi wrote:
CS Rotich; "KQ Board and management shake-up before bailout"

RINK
bs
Pay teachers instead
punda amecheka
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Ash Ock
#68 Posted : Wednesday, September 02, 2015 12:01:58 PM
Rank: Member


Joined: 8/27/2010
Posts: 495
Location: Nairobi
[quote=D32]

From here http://www.ethiosports.c...-african-carriers-sink/[/quote]

Very deceiving comparison. Source cited CAPA does not provide fare comparisons.

First of all, the author uses full fare economy for KQ tickets.

Second, the author should have also compared prices from Addis and Johannesburg to London for the three airliners. Reason: direct flights are 99% of the time more expensive than 1 stop flights, the so called convenience tax.

Example:

Addis - London
ET - $882
KQ - $894
SA - $1'754
Cheapest: Egyptair @ $709

Johannesburg - London
KQ - $737
SA - $896
ET - $836
Cheapest: KQ

Source: expedia.com, travel dates used 1/10/15 - 15/10/15
Sent from my Black Nokia 3310
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Pesa Nane
#69 Posted : Friday, September 18, 2015 11:04:37 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Othelo
#70 Posted : Friday, September 18, 2015 1:43:21 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Mwaniki leaving KQ at its lowest point. How sad!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Pesa Nane
#71 Posted : Tuesday, October 13, 2015 9:11:06 PM
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Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Angelica _ann
#72 Posted : Tuesday, October 13, 2015 10:17:58 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,909
Pesa Nane wrote:

Tyranny where is @obiero's vote ........ Among spoilt smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero
#73 Posted : Wednesday, October 14, 2015 9:22:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,568
Location: nairobi
@angelica my vote was valid.. pushed kapkirwok through.. now we wait to see who shall be chair. it better not be the ambassador

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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VituVingiSana
#74 Posted : Wednesday, October 14, 2015 10:17:32 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,134
Location: Nairobi
Pesa Nane wrote:
Bottomline: Those who GoK wanted. The rest of the shareholders can go suck lollipops.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#75 Posted : Wednesday, October 14, 2015 11:57:43 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,568
Location: nairobi
VituVingiSana wrote:
Pesa Nane wrote:
Bottomline: Those who GoK wanted. The rest of the shareholders can go suck lollipops.

Cough cough.. There were only two contenders. Ignorance will kill africans

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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VituVingiSana
#76 Posted : Wednesday, October 14, 2015 10:16:10 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,134
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Pesa Nane wrote:
Bottomline: Those who GoK wanted. The rest of the shareholders can go suck lollipops.

Cough cough.. There were only two contenders. Ignorance will kill africans
Ignorance is bliss. As you have proved to us over the past 2 years. Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#77 Posted : Thursday, October 15, 2015 8:10:34 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,568
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Pesa Nane wrote:
Bottomline: Those who GoK wanted. The rest of the shareholders can go suck lollipops.

Cough cough.. There were only two contenders. Ignorance will kill africans
Ignorance is bliss. As you have proved to us over the past 2 years. Laughing out loudly

Hehe. Its unlikely that u have made more profitable trades than myself over the last two years..

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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VituVingiSana
#78 Posted : Thursday, October 15, 2015 9:02:41 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,134
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Pesa Nane wrote:
Bottomline: Those who GoK wanted. The rest of the shareholders can go suck lollipops.

Cough cough.. There were only two contenders. Ignorance will kill africans
Ignorance is bliss. As you have proved to us over the past 2 years. Laughing out loudly

Hehe. Its unlikely that u have made more profitable trades than myself over the last two years..
Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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