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Kenya Airways...why ignore..
Ericsson
#13081 Posted : Wednesday, July 03, 2019 1:22:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Jibabe wrote:
Ericsson wrote:
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 KQ
It'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


These assertions are conflicting,if it’s deep financial hole and would take 3-5 years and just had an airline turnaround expert what’s still wrong!
Turnaround is a process that takes time and may involve several people

How does nationalisation something I presume was left a while back be the panacea?
After privatisation a mess/mistake was created.Question now is how to correct the mess that has been created

Privatisation of KQ was hallowed in management books.
My reading of what Speedway Consultants did was inculcation of operational efficiency ,financial discipline and professionalism things i think thawed as times went on as people took nearly everything for granted.
Nationalisation is and should be a NO

KQ as a private company can't survive.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#13082 Posted : Wednesday, July 03, 2019 2:18:47 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019
Pesa Nane plans to be shilingi when he grows up.
sparkly
#13083 Posted : Wednesday, July 03, 2019 4:04:39 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Pesa Nane wrote:
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.
Life is short. Live passionately.
Ericsson
#13084 Posted : Wednesday, July 03, 2019 4:17:00 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#13085 Posted : Wednesday, July 03, 2019 5:01:26 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,224
Location: nairobi
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?

VituVingiSana
#13086 Posted : Wednesday, July 03, 2019 5:19:37 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Ericsson wrote:
Jibabe wrote:
Ericsson wrote:
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 KQ
It'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


These assertions are conflicting,if it’s deep financial hole and would take 3-5 years and just had an airline turnaround expert what’s still wrong!
Turnaround is a process that takes time and may involve several people

How does nationalisation something I presume was left a while back be the panacea?
After privatisation a mess/mistake was created.Question now is how to correct the mess that has been created

Privatisation of KQ was hallowed in management books.
My reading of what Speedway Consultants did was inculcation of operational efficiency ,financial discipline and professionalism things i think thawed as times went on as people took nearly everything for granted.
Nationalisation is and should be a NO

KQ as a private company can't survive.
Let "Old KQ" die and a "New KQ" take over the ICAO and IATA codes and BASAs. It has been done in other markets e.g. Switzerland.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#13087 Posted : Wednesday, July 03, 2019 5:21:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?
Negative Equity. Zero. Watu wapambane na hali yake. KQLC should be paid as per the guarantee. Not a penny more.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#13088 Posted : Wednesday, July 03, 2019 5:40:07 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,224
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
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 KQ
It'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




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?
Negative Equity. Zero. Watu wapambane na hali yake. KQLC should be paid as per the guarantee. Not a penny more.

You are very funny. Should be on a comedy show

Extraterrestrial
#13089 Posted : Wednesday, July 03, 2019 8:36:13 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...1146451026205184000?s=19
Ericsson
#13090 Posted : Wednesday, July 03, 2019 9:24:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
[quote=Extraterrestrial]KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...146451026205184000?s=19[/quote]

@obiero I told you
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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