Michael Joseph take on KQ;
Turnaround of KQ-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.
Nationalisation of KQIt's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle