You mean as in buying and selling or outrightly selling what they own now?

Its all fun and games until the day you will be forced to use Turkish Airlines to fly to Mombasa

1) Most Kenyans, myself included, buy using value. If Turkish can fly me for better value from Nairobi to Mombasa...
2) Soon I will be taking the SGR train to Mombasa. No need to drive to JKIA [1-2 hours], wait for 1 hour minimum, 45 mins to MBA, 45-60 mins from MIA to Mombasa Town.
3) There are other operators. Fly 540 among many others.
4) KQ has lost 80+bn in shareholder funds since 2012. That's about 1,000/- per every Kenyan. About 2,000 for every adult. And probably 100,000 per every Income Tax Taxpayer.
5) Kulula of South Africa makes money unlike SAA. The Jambo Jet model makes more sense for most Kenyan fliers. On a KQ flight [years ago] to MBA, the 'business class' had politicians & GoK officials. They don't pay for their own flights coz the taxpayers do!

KQ is a honeypot for thieves.

There is no 'free cancellation' of hedges. A fee has to be paid to cancel or neutralize the hedges.

Emirates does not hedge coz the CEO (Tim Clark) said hedges generally benefit the banks not the airlines after all the fees & premiums are included.

http://www.gulfbusiness....ark-president-emirates/
"Some airlines have delved into the derivatives market, but at Emirates, we will stick to our no-hedging strategy."

http://www.thenational.a...-to-resume-fuel-hedging
"Emirates expects oil prices to stay below US$80 a barrel for the medium term and has no plans to return to fuel hedging."
Tim Clark, the airline’s president, said that his treasury team was constantly “on my case, over fuel hedging”, but that he was reluctant to resume the practice, which required people “with a triple first from Oxford and from Harvard”. What are Alex's qualifications?

“We have managed to trade the airline through [fluctuations in the oil price]. When oil is priced between $115 a barrel and $50 a barrel we can make money.”

"Mr Clark said he believed that the global oil supply was unlikely to be constrained in the short term." Very smart chap!

So @Obiero, you are the insider. Tell us.