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Kenya Airways...why ignore..
obiero
#5551 Posted : Thursday, September 08, 2016 11:16:52 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
ArrestedDev wrote:
Spikes wrote:
Impunity wrote:
chiaroscuro wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring


Sasa "Capital Restructuring" ni nini?

In layman's language: is PJT lending the money to KQ or buying shares in the company? Yaani: will KQ be expected to pay it back any time in the future?


The money is loaned to the Government, while the government has given the money to Kq as a soft loan, payable ONLY when Kq CAN pay.

Keywords > ONLY & CAN.

Thank me.



If KQ CAN NOT pay the government of the day will decide under controlling majority convert PJT loan to equity. Shareholders' dilution in the offing. Stay away for now. Moto wa kuotea mbali.


PJT is just a consultant looking for a prospective investor for KQ and they are being paid for the services. They are not pumping any money on their own into KQ. The shareholders has to approve any decision to be taken in the capital restructuring quest.

I sincerely hope that the words just a consultant were used loosely.. McKinsey, Seabury, KPMG & PJT are all respectable firms currently engaged by KQ.. NEWS has started filtering out..
COOP, IMH, KEGN, KQ, MTNU
ArrestedDev
#5552 Posted : Thursday, September 08, 2016 11:21:50 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
Impunity wrote:
chiaroscuro wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring


Sasa "Capital Restructuring" ni nini?

In layman's language: is PJT lending the money to KQ or buying shares in the company? Yaani: will KQ be expected to pay it back any time in the future?


The money is loaned to the Government, while the government has given the money to Kq as a soft loan, payable ONLY when Kq CAN pay.

Keywords > ONLY & CAN.

Thank me.



If KQ CAN NOT pay the government of the day will decide under controlling majority convert PJT loan to equity. Shareholders' dilution in the offing. Stay away for now. Moto wa kuotea mbali.


PJT is just a consultant looking for a prospective investor for KQ and they are being paid for the services. They are not pumping any money on their own into KQ. The shareholders has to approve any decision to be taken in the capital restructuring quest.

I sincerely hope that the words just a consultant were used loosely.. McKinsey, Seabury, KPMG & PJT are all respectable firms currently engaged by KQ.. NEWS has started filtering out..


These consultancies are just nailing the last nail in the coffin. A competent management does not need all these. It is an exercise in futility. KQ is already dead.
obiero
#5553 Posted : Thursday, September 08, 2016 11:51:15 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
Impunity wrote:
chiaroscuro wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring


Sasa "Capital Restructuring" ni nini?

In layman's language: is PJT lending the money to KQ or buying shares in the company? Yaani: will KQ be expected to pay it back any time in the future?


The money is loaned to the Government, while the government has given the money to Kq as a soft loan, payable ONLY when Kq CAN pay.

Keywords > ONLY & CAN.

Thank me.



If KQ CAN NOT pay the government of the day will decide under controlling majority convert PJT loan to equity. Shareholders' dilution in the offing. Stay away for now. Moto wa kuotea mbali.


PJT is just a consultant looking for a prospective investor for KQ and they are being paid for the services. They are not pumping any money on their own into KQ. The shareholders has to approve any decision to be taken in the capital restructuring quest.

I sincerely hope that the words just a consultant were used loosely.. McKinsey, Seabury, KPMG & PJT are all respectable firms currently engaged by KQ.. NEWS has started filtering out..


These consultancies are just nailing the last nail in the coffin. A competent management does not need all these. It is an exercise in futility. KQ is already dead.

Interesting. 40 AGMs later and people still claim that KQ shall close shop.. This is what utopias thrive on, imaginary deaths.. Qatar has placed a mouth watering bid to buy out KLM and remedy the negative equity through acceptance on conversion of GOK debt to equity. Hold your horses for the AGM thereafter positive H1
COOP, IMH, KEGN, KQ, MTNU
ArrestedDev
#5554 Posted : Thursday, September 08, 2016 1:32:23 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
Impunity wrote:
chiaroscuro wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring


Sasa "Capital Restructuring" ni nini?

In layman's language: is PJT lending the money to KQ or buying shares in the company? Yaani: will KQ be expected to pay it back any time in the future?


The money is loaned to the Government, while the government has given the money to Kq as a soft loan, payable ONLY when Kq CAN pay.

Keywords > ONLY & CAN.

Thank me.



If KQ CAN NOT pay the government of the day will decide under controlling majority convert PJT loan to equity. Shareholders' dilution in the offing. Stay away for now. Moto wa kuotea mbali.


PJT is just a consultant looking for a prospective investor for KQ and they are being paid for the services. They are not pumping any money on their own into KQ. The shareholders has to approve any decision to be taken in the capital restructuring quest.

I sincerely hope that the words just a consultant were used loosely.. McKinsey, Seabury, KPMG & PJT are all respectable firms currently engaged by KQ.. NEWS has started filtering out..


These consultancies are just nailing the last nail in the coffin. A competent management does not need all these. It is an exercise in futility. KQ is already dead.

Interesting. 40 AGMs later and people still claim that KQ shall close shop.. This is what utopias thrive on, imaginary deaths.. Qatar has placed a mouth watering bid to buy out KLM and remedy the negative equity through acceptance on conversion of GOK debt to equity. Hold your horses for the AGM thereafter positive H1


No positive H1 results to be reported. As I have said here before, any gains at the operating level will be totally wiped out by the finance costs. It is not going to be easy to buy out KLM with the veto powers they have. All these news will translate to nothing. Miracles are required to pull KQ out of the current quagmire. It will take years to do so with a competent management who knows what aviation is all about.
obiero
#5555 Posted : Thursday, September 08, 2016 3:39:51 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
Impunity wrote:
chiaroscuro wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring


Sasa "Capital Restructuring" ni nini?

In layman's language: is PJT lending the money to KQ or buying shares in the company? Yaani: will KQ be expected to pay it back any time in the future?


The money is loaned to the Government, while the government has given the money to Kq as a soft loan, payable ONLY when Kq CAN pay.

Keywords > ONLY & CAN.

Thank me.



If KQ CAN NOT pay the government of the day will decide under controlling majority convert PJT loan to equity. Shareholders' dilution in the offing. Stay away for now. Moto wa kuotea mbali.


PJT is just a consultant looking for a prospective investor for KQ and they are being paid for the services. They are not pumping any money on their own into KQ. The shareholders has to approve any decision to be taken in the capital restructuring quest.

I sincerely hope that the words just a consultant were used loosely.. McKinsey, Seabury, KPMG & PJT are all respectable firms currently engaged by KQ.. NEWS has started filtering out..


These consultancies are just nailing the last nail in the coffin. A competent management does not need all these. It is an exercise in futility. KQ is already dead.

Interesting. 40 AGMs later and people still claim that KQ shall close shop.. This is what utopias thrive on, imaginary deaths.. Qatar has placed a mouth watering bid to buy out KLM and remedy the negative equity through acceptance on conversion of GOK debt to equity. Hold your horses for the AGM thereafter positive H1


No positive H1 results to be reported. As I have said here before, any gains at the operating level will be totally wiped out by the finance costs. It is not going to be easy to buy out KLM with the veto powers they have. All these news will translate to nothing. Miracles are required to pull KQ out of the current quagmire. It will take years to do so with a competent management who knows what aviation is all about.

A miracle is on the way..
COOP, IMH, KEGN, KQ, MTNU
nzalela
#5556 Posted : Thursday, September 08, 2016 6:16:55 PM
Rank: New-farer

Joined: 4/11/2016
Posts: 30
Location: Nairobi
No fundamental change in the company has occured but you must give it to them for the cost cutting initiatives. Any short term recovery will be based on cost cutting initiatives but beyond that I still see no hope.

The people factor is increasingly becoming a threat. The regulator may have to say something about the loss of key staff in the company especially engineers very soon. They may either have to import KLM engineers or outsource half of the department either way it will be more expensive.
obiero
#5557 Posted : Thursday, September 08, 2016 6:21:26 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
nzalela wrote:
No fundamental change in the company has occured but you must give it to them for the cost cutting initiatives. Any short term recovery will be based on cost cutting initiatives but beyond that I still see no hope.

The people factor is increasingly becoming a threat. The regulator may have to say something about the loss of key staff in the company especially engineers very soon. They may either have to import KLM engineers or outsource half of the department either way it will be more expensive.

@maka @nzalela @arresteddev are all senior KQ staff, so I can't take their comments unquestionably
COOP, IMH, KEGN, KQ, MTNU
nzalela
#5558 Posted : Thursday, September 08, 2016 6:24:43 PM
Rank: New-farer

Joined: 4/11/2016
Posts: 30
Location: Nairobi
Meanwhile, middle east airlines have loved the KQ pilot talent and are coming for more..One KQ pilot made it to direct entry Emirates captain 777 from the narrow body which is a very rare occurence worldwide. Emirates only pick 6-10 guys a year for direct entry to wide body...success rate is getting higher by the day. If KQ doesnt act now, they will be faced with the engineer problem in the cockpit.
ArrestedDev
#5559 Posted : Friday, September 09, 2016 3:15:52 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
nzalela wrote:
Meanwhile, middle east airlines have loved the KQ pilot talent and are coming for more..One KQ pilot made it to direct entry Emirates captain 777 from the narrow body which is a very rare occurence worldwide. Emirates only pick 6-10 guys a year for direct entry to wide body...success rate is getting higher by the day. If KQ doesnt act now, they will be faced with the engineer problem in the cockpit.


The problem with these Middle East carriers is the brutal rosters. The deck crew are extremely fatigued. The situation is bad due to the shortage of pilots such that pilots are sleeping on the controls.People are moving there because they cannot see the future in KQ. The management lacks a vision for the Company. Read the stories regarding Emirates in the below link.

https://donotflyemirates.wordpress.com/

The same topic have been covered extensively by RT following the FlyDubai accident which pilots had predicted that it will happen very soon due to pilots fatigue. One of the videos is as below.





obiero
#5560 Posted : Friday, September 09, 2016 7:08:54 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
ArrestedDev wrote:
nzalela wrote:
Meanwhile, middle east airlines have loved the KQ pilot talent and are coming for more..One KQ pilot made it to direct entry Emirates captain 777 from the narrow body which is a very rare occurence worldwide. Emirates only pick 6-10 guys a year for direct entry to wide body...success rate is getting higher by the day. If KQ doesnt act now, they will be faced with the engineer problem in the cockpit.


The problem with these Middle East carriers is the brutal rosters. The deck crew are extremely fatigued. The situation is bad due to the shortage of pilots such that pilots are sleeping on the controls.People are moving there because they cannot see the future in KQ. The management lacks a vision for the Company. Read the stories regarding Emirates in the below link.

https://donotflyemirates.wordpress.com/

The same topic have been covered extensively by RT following the FlyDubai accident which pilots had predicted that it will happen very soon due to pilots fatigue. One of the videos is as below.






Soo sad what Emirates are claimed to
do
COOP, IMH, KEGN, KQ, MTNU
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