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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Bumper H2 forming  A good gesture but you will be shocked by nasty results next week on Tuesday... You will see buy orders placed at 1.00 bob as your portfolio blows up inextinguishable furnace. #Watch and unlearn your trading strategy. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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Spikes wrote:obiero wrote:Bumper H2 forming A good gesture but you will be shocked by nasty results next week on Tuesday... You will see buy orders placed at 1.00 bob as your portfolio blows up inextinguishable furnace. #Watch and unlearn your trading strategy. Quality of a man thoughts are displayed in the structuring of his words
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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obiero wrote:Spikes wrote:obiero wrote:Bumper H2 forming A good gesture but you will be shocked by nasty results next week on Tuesday... You will see buy orders placed at 1.00 bob as your portfolio blows up inextinguishable furnace. #Watch and unlearn your trading strategy. Quality of a man thoughts are displayed in the structuring of his words Tuesday is two days away,ukweli utajulikana Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/1/2009 Posts: 256
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obiero wrote:VituVingiSana wrote:nairobby wrote:obiero wrote:@maka the pessimist kindly confirm why the NBO-NYC flights are at 80% capacity booked through to second week of September 2019 Flew the route earlier this week. Plane was full to the brim. Matatu style?  I am glad KQ is flying full. I keep getting positive news from insiders at KQ other than @maka.. Luckily I have ran into some funds today. Kufa dereva, kufa makanga I will average down further on KQ Nearly 10 years ago when the FIFA World Cup was in South Africa, KQ planes were flying full to SA. I jumped in with both feet, thinking there was no way their financials would not be rosy that year, and boost their share price and dividends. Boy, was I mistaken. This is Kenya, and KQ is Gov controlled. I eventually bailed with a 40% loss, and I was one of the lucky ones. That kind of luck I would not wish on anyone.
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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Monk wrote:obiero wrote:VituVingiSana wrote:nairobby wrote:obiero wrote:@maka the pessimist kindly confirm why the NBO-NYC flights are at 80% capacity booked through to second week of September 2019 Flew the route earlier this week. Plane was full to the brim. Matatu style? I am glad KQ is flying full. I keep getting positive news from insiders at KQ other than @maka.. Luckily I have ran into some funds today. Kufa dereva, kufa makanga I will average down further on KQ Nearly 10 years ago when the FIFA World Cup was in South Africa, KQ planes were flying full to SA. I jumped in with both feet, thinking there was no way their financials would not be rosy that year, and boost their share price and dividends. Boy, was I mistaken. This is Kenya, and KQ is Gov controlled. I eventually bailed with a 40% loss, and I was one of the lucky ones. That kind of luck I would not wish on anyone. You should not only look at full flights in isolation. Check crude price, fleet type, destination frequency.. NBO-NYC for instance is a hit! Expect 10% jump in revenue
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Bumper H2 forming The real tweet... Customers are pissed
Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Monk wrote:obiero wrote:VituVingiSana wrote:nairobby wrote:obiero wrote:@maka the pessimist kindly confirm why the NBO-NYC flights are at 80% capacity booked through to second week of September 2019 Flew the route earlier this week. Plane was full to the brim. Matatu style? I am glad KQ is flying full. I keep getting positive news from insiders at KQ other than @maka.. Luckily I have ran into some funds today. Kufa dereva, kufa makanga I will average down further on KQ Nearly 10 years ago when the FIFA World Cup was in South Africa, KQ planes were flying full to SA. I jumped in with both feet, thinking there was no way their financials would not be rosy that year, and boost their share price and dividends. Boy, was I mistaken. This is Kenya, and KQ is Gov controlled. I eventually bailed with a 40% loss, and I was one of the lucky ones. That kind of luck I would not wish on anyone. You should not only look at full flights in isolation. Check crude price, fleet type, destination frequency.. NBO-NYC for instance is a hit! Expect 10% jump in revenue You are looking at 10% jump in revenue. What if total cost jumps exponentially to, for instance, 50%...? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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FUNKY wrote:nairobby wrote:VituVingiSana wrote:Ericsson wrote:Air Tanzania acquires landing slots at Gatwick Airport
Air Tanzania has made progress in its plan to fly to London by securing three landing slots at the Gatwick airport. The airline intends to fly directly from their hub at Dar es Salaam’s Julius Nyerere International Airport via Kilimanjaro to London’s Gatwick airport every Wednesday, Friday, and Sunday returning via Kilimanjaro to Dar es Salaam on Thursday, Saturday, and Monday.
If granted permission to fly to the European city, it will be Air Tanzania’s first route into Europe. The air carrier will use the London route as a link to other European and American markets.
The airline is undertaking land rights and landing licenses to allow it to fly into United Kingdom. In addition, Air Tanzania will need to secure European Union safety standards certification. In the meantime, the airline has passed IATA Operational Safety Audit (IOSA), a mandatory requirement for airlines planning international flights.
Air TZ will operate their new Boeing B787 Dreamliner thrice a week positioning it to offer an incredible service and dominate the marketplace.
The new route will pile pressure on some loss making airlines in the region currently flying from their hubs in East Africa to the UK as Air Tanzania gains market share at their expense.
Furthermore, it will increase competition to Air Egypt that has been connecting via Cairo and KLM connecting via Amsterdam and Kilimanjaro.
Air Tanzania has in the recent past resumed flights to Moroni, Entebbe, Johannesburg, Harare, and Bujumbura with planned flights to the Far East in Mumbai, Guangzhou, and Bangkok.
KQ sold off its PRIME slots at LHR. What an awful move. LHR > Gatwick for most travelers to the UK. Meh, don't think it was that awful. They made 7.5b selling those early morning slots (most a slot has sold for at LHR), improved their fleet efficiency as plane didn't have to lie at LHR all day and their London flights still enjoy good loads. Don't think it was that bad. LHR is still the main gateway. ATCL probably couldn't get slots there. Side note, when are HY results being released? Landed at JKIA yesterday and so many people were transiting through there, why isn't this reflective in the results? Because of corruption Someone didn’t tell Tanzania that aviation is not a bed of rosés https://www.bbc.com/news/world-africa-49460873
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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obiero wrote:Bumper H2 forming @maka - What does it cost KQ per pax, in compensation, for being bumped off a flight like NBO-JFK? 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: 13,558 Location: nairobi
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VituVingiSana wrote:obiero wrote:Bumper H2 forming @maka - What does it cost KQ per pax, in compensation, for being bumped off a flight like NBO-JFK? Less than the ticket cost! Note that the overbooking is only done in NBO and never NYC.. Nairobi KQ office settles USD 300 only in HOTAC per affected adult passenger
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Bumper H2 forming @maka - What does it cost KQ per pax, in compensation, for being bumped off a flight like NBO-JFK? Less than the ticket cost! Note that the overbooking is only done in NBO and never NYC.. Nairobi KQ office settles USD 300 only in HOTAC per affected adult passenger USD 400...Then factor in around 6k for the hotel... The cost of pick up in the morning by Holiday Tours... so just cancel the one way cost... @Obiero I know you are excited by this but its peak season now... They werent able to get seats even on other carriers/rebooking on other carriers and using the disruption tool has become tricky... Planes are packed till end of September. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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maka wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Bumper H2 forming @maka - What does it cost KQ per pax, in compensation, for being bumped off a flight like NBO-JFK? Less than the ticket cost! Note that the overbooking is only done in NBO and never NYC.. Nairobi KQ office settles USD 300 only in HOTAC per affected adult passenger USD 400...Then factor in around 6k for the hotel... The cost of pick up in the morning by Holiday Tours... so just cancel the one way cost... @Obiero I know you are excited by this but its peak season now... They werent able to get seats even on other carriers/rebooking on other carriers and using the disruption tool has become tricky... Planes are packed till end of September. Let's enjoy while it lasts.. Seasonality exists in many industries, including telcos! Crude in aviation is playing within hedged range, so it's all gravy for KQ. 50 souls bumped off on a 234 seater isn't bad business, bad customer service indeed, but booming business!
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:maka wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Bumper H2 forming @maka - What does it cost KQ per pax, in compensation, for being bumped off a flight like NBO-JFK? Less than the ticket cost! Note that the overbooking is only done in NBO and never NYC.. Nairobi KQ office settles USD 300 only in HOTAC per affected adult passenger USD 400...Then factor in around 6k for the hotel... The cost of pick up in the morning by Holiday Tours... so just cancel the one way cost... @Obiero I know you are excited by this but its peak season now... They werent able to get seats even on other carriers/rebooking on other carriers and using the disruption tool has become tricky... Planes are packed till end of September. Let's enjoy while it lasts.. Seasonality exists in many industries, including telcos! Crude in aviation is playing within hedged range, so it's all gravy for KQ. 50 souls bumped off on a 234 seater isn't bad business, bad customer service indeed, but booming business! Life as we know it... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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Keep telling you guys that the staff don't want KQ to prosper
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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True. However 100m in HOTAC isn't an extreme expense sum for a firm with turnover exceeding KES 110B per annum
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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obiero wrote:True. However 100m in HOTAC isn't an extreme expense sum for a firm with turnover exceeding KES 110B per annum The ksh.100mn if saved will be useful in reducing the loss kq makes Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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Ericsson wrote:obiero wrote:True. However 100m in HOTAC isn't an extreme expense sum for a firm with turnover exceeding KES 110B per annum The ksh.100mn if saved will be useful in reducing the loss kq makes There is no airline which doesn't have operating expenses. For KQ unfortunately it's the staff that cause the unnecessary costs
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,558 Location: nairobi
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Ericsson wrote:obiero wrote:True. However 100m in HOTAC isn't an extreme expense sum for a firm with turnover exceeding KES 110B per annum The ksh.100mn if saved will be useful in reducing the loss kq makes There is no airline which doesn't have operating expenses. For KQ unfortunately it's the staff that cause the unnecessary costs
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Ericsson wrote:obiero wrote:True. However 100m in HOTAC isn't an extreme expense sum for a firm with turnover exceeding KES 110B per annum The ksh.100mn if saved will be useful in reducing the loss kq makes There is no airline which doesn't have operating expenses. For KQ unfortunately it's the staff that cause the unnecessary costs Well KQ has always paid HOTAC its not something new.... It is just that last week there was a meeting officiated by the Director of Operations who is a pilot and all Pilots who have managerial positions plus Head of Ground Services .... That is when they were given the stats... For example last week when there was a crew shortage it was because one FO was having a wedding in Mombasa.... That same Director of Operations who is complaining about delays etc was in the same wedding and should have raised that issue with his colleague pilots. Yes there is the issue of goodwill etc but one can't call in sick a few hours from the flight and go Scott free that is what they do plus they don't have to show evidence that they were actually ill... A couple of flights were cancelled more than 500 pax had to be accommodated just because of 1 wedding... possunt quia posse videntur
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