nairobby wrote:ArrestedDev wrote:sparkly wrote:Another case of other people making money at the expense of KQ.
The management is to blame. Demand is there and KQ can fill those birds.
Change of LHR schedule for instance was a bad move. The numbers were there in that route to fill a B777. The thinking that the Aircraft was not being utilised fully was just a scapegoat to sell the landing slot for quick cash. Oversized Cargo that could fit in a B777 cannot be uploaded by KQ anymore.
Kenya Airways cannot consistently fill a 400 seat Boeing 777-300ER. They just can't. None of their routes have capacity for the 77W. This is an aircraft that burns a lot of fuel as well so imagine having the plane half full at best and it's not burning fuel as economically as a 787, plus loan & lease repayments. Naikuni and co made a terrible choice bringing this plane. Remember they did operate the 3 77W's for about a year and you saw how much money they burned operating them.
Even TK is only using KQ's 777 for their high capacity India routes + London due to the large economy class configuration in KQ's planes.
If the network is expanded then KQ can fill it. There is demand out there. Turkish has a number of them in service. It is not India and London alone.
KQ lost the market share due to mismanagement, otherwise they should be able to utilize the equipment.
Good management is lacking in KQ. Mikosz failed to diagnose the issues and address them. This is why he is leaving. With such a loss alone from the 3 B777s, he can't see how KQ can make a profit in the near future.