Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
obiero wrote:kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA None of their airlines is owned by the state/Federal government Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
Ericsson wrote:obiero wrote:kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA None of their airlines is owned by the state/Federal government You are an intelligent investor so you must know about the state support via subsidy https://www.bbc.com/news/business-52101665
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
obiero wrote:Ericsson wrote:obiero wrote:kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA None of their airlines is owned by the state/Federal government You are an intelligent investor so you must know about the state support via subsidy https://www.bbc.com/news/business-52101665 What @Ericsson said was None of their airlines is owned by the state/Federal government *I will qualify and say no commercial airline since that's the thrust of this discussion. The US airlines were forced into loss-making by the travel bans. Even SWA felt the pain. To that extent - travel ban - I feel for KQ too but KQ's problems predate COVID. Losses since 2012. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
VituVingiSana wrote:obiero wrote:Ericsson wrote:obiero wrote:kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA None of their airlines is owned by the state/Federal government You are an intelligent investor so you must know about the state support via subsidy https://www.bbc.com/news/business-52101665 What @Ericsson said was None of their airlines is owned by the state/Federal government *I will qualify and say no commercial airline since that's the thrust of this discussion. The US airlines were forced into loss-making by the travel bans. Even SWA felt the pain. To that extent - travel ban - I feel for KQ too but KQ's problems predate COVID. Losses since 2012. Well, PPP was shot down. Now you and fellow Kenyans will have to buy my shares .. I repeat, national pride is key. Bailouts are about saving face. USA did it, Kenya will do it
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
|
I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:obiero wrote:kmucheke wrote:VituVingiSana wrote:sparkly wrote:My position remains that instead of signing pacts with insolvent SAA, GOK should lobby other EAC countries to form a public regional airline. sparkly wrote:East African Community members need to rethink their aviation sectors or thier dreams of connecting the world and national pride will remain unachievable.
EAC has a fleet size of 60 planes flying to 89 destinations (Kenya 40-53; Rwandaair 12-23; Tanzania 8-13) Uganda, Burundi, South Sudan do not have national carriers. EAC stats are dwarfed regionally by Ethiopian Airlines which has a fleet of 112 flying 125 passenger and 40 cargo destinations.
Compared to international Middle Eastern "competitors" flying regionally like Emirates (258 planes, 158 destinations) and Turkish (336 planes, 304 destinations) EAC carriers are really puny.
Debt ladden EAC carriers (where they exist) are playing in the village league under delusion that they are competing with international counterparts. Only collaborative effort will lead to meaningful impact in the sector. EAC member countries should dissolve their airlines and form an East African Airline (Call it Safari Airlines). Countries without their own airlines like Uganda and Burundi should invest in the new East African Airline.
A collaborative East African Airline will have monopoly in East & Central Africa, challenge the regional giants based on bigger capital base and economies of scale.
Egos. Everyone wants their own airline. TZ and UG have refused to learn from KQ. The smart ones are RW who roped in Qatar as the Sugar Daddy who is also financing the new airport. Yes RwandaAir seems to have learnt after making losses year after year and having a high CEO turnover rate. They sold their soul. National pride is a serious thing, ask the USA None of their airlines is owned by the state/Federal government You are an intelligent investor so you must know about the state support via subsidy https://www.bbc.com/news/business-52101665 What @Ericsson said was None of their airlines is owned by the state/Federal government *I will qualify and say no commercial airline since that's the thrust of this discussion. The US airlines were forced into loss-making by the travel bans. Even SWA felt the pain. To that extent - travel ban - I feel for KQ too but KQ's problems predate COVID. Losses since 2012. Well, PPP was shot down. Now you and fellow Kenyans will have to buy my shares.. I repeat, national pride is key. Bailouts are about saving face. USA did it, Kenya will do it We are broke 😔 Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way Hopium Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
sparkly wrote:obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way Hopium Why you wanna count my money! Sipangwingwi
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way 2027... Hang in there bro. possunt quia posse videntur
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
maka wrote:obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way 2027... Hang in there bro. A 60 month bond? Tutangoja kaka Maka
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way KQLC might be paid by GoK but minorities will probably not and should not. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
Cruising at 32,000 feet above sea level https://www.businessdail...khartoum-flights-3648246
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
[quote=obiero]Cruising at 32,000 feet above sea level https://www.businessdail...hartoum-flights-3648246[/quote] Higher revenue equals to much higher expenses and losses widening. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
Recall the reduction in pilots per flight to Asia, plus HOTAC cuts on the back of vastly improved OTP. The bird is in the air
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
VituVingiSana wrote:obiero wrote:snifadog wrote:I can't believe captain @obiero is still going on about his KQ shares. suggest to just write it off, take it out of your signature and move on. lesson learnt.. state companies issa bad bad idea. losses tupu GoK will pay up. There’s no escaping this. Remember there’s a guarantee by KQLC. Money is on the way KQLC might be paid by GoK but minorities will probably not and should not. possunt quia posse videntur
|
|
|
Rank: Veteran Joined: 6/2/2010 Posts: 1,066
|
They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
My 2 cents wrote:They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense. No, GoK should NOT nationalize KQ. Let it die and a "New KQ" can take over the old KQ minus the debts. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
VituVingiSana wrote:My 2 cents wrote:They should just go ahead and nationalise KQ. That's the only option to keep KQ going. It will operate at a perpetual loss for years to come; only the state can do this at tax payers expense. No, GoK should NOT nationalize KQ. Let it die and a "New KQ" can take over the old KQ minus the debts. Refer to SAA and some of the America Airlines for the eventual end point!
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|