ArrestedDev wrote:HaMaina wrote:obiero wrote:KQ staff costs expected to dip by KES 3B
in the coming year
. Exactly the loss before tax in the below projection.. KQ shall finally return to profit..

How many wild dances and beheaded chicken were used by the mganga to give these projections? They are impressive though.
Exactly. This is the work of a witch doctor. Results like these will only be seen after two years when the new CEO with a vast aviation experience joins.
Redundancy costs will have a very serious impact on the P&L. Please expect a 10billion plus loss to be reported come July 17.
After Ngunze exit, more hidden blunders will be unearthed.
Truth!
A new broom sweeps clean. A new (foreign) CEO who has no ties to the crooked reign of Naikuni et al would not hesitate to call a spade a spade. When Ohana effectively took over from Segman, bad debts were written off. It served KK well to start from scratch.
I hope GoK doesn't pump more money into KQ. We have a large deficit to fill.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett