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Kenya Airways...why ignore..
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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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 peopleHow 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 createdPrivatisation 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
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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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.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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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
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Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
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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?
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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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 peopleHow 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 createdPrivatisation 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
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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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
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Rank: Elder Joined: 6/23/2009 Posts: 14,223 Location: nairobi
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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
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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[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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