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Kenya Airways...why ignore.. end 2025
Rank: Elder Joined: 6/23/2009 Posts: 14,382 Location: nairobi
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maka wrote:maka wrote:VituVingiSana wrote:Doesn't KQ have a 777-200LR? Nope....They leased them out to Turkish think they will be back next year... They had the larger version 300 ER... Open skies https://www.businessdail...43156-orq5sgz/index.html COOP, KEGN, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,410 Location: Nairobi
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maka wrote:maka wrote:VituVingiSana wrote:Doesn't KQ have a 777-200LR? Nope....They leased them out to Turkish think they will be back next year... They had the larger version 300 ER... Why can't they use these instead of the 787s so they can carry additional cargo + passengers? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:maka wrote:maka wrote:VituVingiSana wrote:Doesn't KQ have a 777-200LR? Nope....They leased them out to Turkish think they will be back next year... They had the larger version 300 ER... Why can't they use these instead of the 787s so they can carry additional cargo + passengers? Beats everyone....That would have worked esp with less frequencies.... 3 times a week or so...Def the plane would be packed instead of this daily flights... Kenya Airways (KQ, Nairobi Jomo Kenyatta) is planning to take back its two B787-8s and three B777-300(ER)s, currently sub-leased to each of Oman Air (WY, Muscat) and Turkish Airlines (TK, Istanbul Atatürk), as part of its five-year growth plan, Chief Executive Officer (CEO) Sebastian Mikosz has disclosed. The Kenyan carrier disposed of the five aircraft as part of a 2016 cost-cutting plan aimed at stemming continual losses through capacity cuts and network pruning. Speaking to Bloomberg this week, Mikosz said the returning widebodies would allow Kenya Airways to boost revenue flows through the launch of as many as 20 new routes in Africa, Europe and Asia over the next five years. Board approval for the new plan will be sought in April. Kenya Airways currently operates a widebody fleet of seven B787-8s alongside two B737-700s, eight B737-800s, and fifteen EMB-190s on flights covering Kenya, as well as Sub-Saharan Africa, China, Thailand, India, the United Arab Emirates (UAE), Saudi Arabia, the Netherlands, France, and the United Kingdom. The sub-leased B787-8s and B777s will return to Kenya Airways' service between September this year and December 2019. One of the returning aircraft will be used to operate the new Nairobi Jomo Kenyatta-New York JFK route that will be launched in October, he said. possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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maka wrote:VituVingiSana wrote:maka wrote:maka wrote:VituVingiSana wrote:Doesn't KQ have a 777-200LR? Nope....They leased them out to Turkish think they will be back next year... They had the larger version 300 ER... Why can't they use these instead of the 787s so they can carry additional cargo + passengers? Beats everyone....That would have worked esp with less frequencies.... 3 times a week or so...Def the plane would be packed instead of this daily flights... Kenya Airways (KQ, Nairobi Jomo Kenyatta) is planning to take back its two B787-8s and three B777-300(ER)s, currently sub-leased to each of Oman Air (WY, Muscat) and Turkish Airlines (TK, Istanbul Atatürk), as part of its five-year growth plan, Chief Executive Officer (CEO) Sebastian Mikosz has disclosed. The Kenyan carrier disposed of the five aircraft as part of a 2016 cost-cutting plan aimed at stemming continual losses through capacity cuts and network pruning. Speaking to Bloomberg this week, Mikosz said the returning widebodies would allow Kenya Airways to boost revenue flows through the launch of as many as 20 new routes in Africa, Europe and Asia over the next five years. Board approval for the new plan will be sought in April. Kenya Airways currently operates a widebody fleet of seven B787-8s alongside two B737-700s, eight B737-800s, and fifteen EMB-190s on flights covering Kenya, as well as Sub-Saharan Africa, China, Thailand, India, the United Arab Emirates (UAE), Saudi Arabia, the Netherlands, France, and the United Kingdom. The sub-leased B787-8s and B777s will return to Kenya Airways' service between September this year and December 2019. One of the returning aircraft will be used to operate the new Nairobi Jomo Kenyatta-New York JFK route that will be launched in October, he said. Probably fuel costs... Approximate fuel consumption the 777-300ER is quite a guzzler; Boeing 787-9 — 5400 kg/h Boeing 787-8 — 4800 kg/h Boeing 747-8 — 10200 kg/h Boeing 777-200 — 6200 kg/h Boeing 777-200ER — 6700 kg/h Boeing 777-200LR — 6800kg/h Boeing 777-300ER — 7800 kg/h Boeing 767-300ER — 4800 kg/h Boeing 767-400ER — 5200 kg/h possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,410 Location: Nairobi
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Though the 777-300ER would carry more pax and cargo so the extra fuel consumed (vs the 787-8) would be recovered through higher revenue assuming they can fly at least 80% LF. I think Mikosz said that the daily flights were to provide certainty for those flying on business. Of course, an alternate could have been 3/week direct by KQ and 4/week using a connecting flight via SkyTeam (CDG or AMS). Good luck to KQ. 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: 14,382 Location: nairobi
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I like the confidence of wazua pseudo airline CEO giving guidance to an established CEO of 20 years experience, being Sebastian Mikosz the redeemer.. Its almost comical. As @maka states its all about fuel efficiency on the Dreamliner. But meanwhile all focus is on the KAA tie up.. This will personally impact me. KES 30 is my projection but at KES 22, I can take a bow COOP, KEGN, MTNU
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:I like the confidence of wazua pseudo airline CEO giving guidance to an established CEO of 20 years experience, being Sebastian Mikosz the redeemer.. Its almost comical. As @maka states its all about fuel efficiency on the Dreamliner. But meanwhile all focus is on the KAA tie up.. This will personally impact me. KES 30 is my projection but at KES 22, I can take a bow Sebastian is more of a tour agent...  Told you Yves was the best guy for that job... Massive cancelations in the offing cockpit crew not happy.... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,382 Location: nairobi
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maka wrote:obiero wrote:I like the confidence of wazua pseudo airline CEO giving guidance to an established CEO of 20 years experience, being Sebastian Mikosz the redeemer.. Its almost comical. As @maka states its all about fuel efficiency on the Dreamliner. But meanwhile all focus is on the KAA tie up.. This will personally impact me. KES 30 is my projection but at KES 22, I can take a bow Sebastian is more of a tour agent... Told you Yves was the best guy for that job... Massive cancelations in the offing cockpit crew not happy.... Matusi tafadhali please uwache.. That guy has pedigree COOP, KEGN, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,410 Location: Nairobi
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obiero wrote:I like the confidence of wazua pseudo airline CEO giving guidance to an established CEO of 20 years experience, being Sebastian Mikosz the redeemer.. Its almost comical. As @maka states its all about fuel efficiency on the Dreamliner. But meanwhile all focus is on the KAA tie up.. This will personally impact me. KES 30 is my projection but at KES 22, I can take a bow Ahhh! Ngunze the Pretender. 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: 14,382 Location: nairobi
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@obiero continues to hold 95,000 KQ shares at ABP of KES 21.9 representing his final stand, with no further purchase, courtesy of the uncertainty upon KQs previously proposed Open Offer. It's now a matter of waiting and/or hoping for the KAA-KQ tie up; in which P&L factors holding constant, will turn KQ profitable instantly upon merger.. KES 30 per share is my bet on the larger refreshed entity, with assured increased annual revenue of KES 15B at the least. My biggest gamble in securities-life so far as no one now knows where the dice may fall. Maombi..  COOP, KEGN, MTNU
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