Ujaluo itakumaliza.

*Please fuel up at KenolKobil. KQ to pay cash. Thank You. Come Again.*

KQ sells its prime London airport landing slots

http://www.businessdaily...0/-/ggjp4h/-/index.html

As much as it makes sense to dispose of 'underutilized' assets isn't this an asset that is underutilized coz of poor management (marketing) decisions rather than decline in demand?

With the number of [East & Central] Africans & Brits [& Europeans/Americans] who visit or [transit through] London, KQ could be running 2 flights/day on this route.

So many folks I know prefer using QR, ET, TK or EK thanks to the huge savings [even if the flight is longer] from Nairobi to London.

Anyway, good luck to KQ.
As a KK shareholder, I'd like to see KQ start buying lots of fuel [on cash terms] from KK.
As an Unga shareholder, I'd like to see NAS/KQ buy Ennsvalley breads/pies.
As a TPSEA shareholder, I'd like to see KQ bring more tourists to KE/TZ/UG.
As a KenRe shareholder, I'd like to see more insurance policies sold to their staff and insurance for their vehicles.
Not to forget the money KQ owes KE banks. Those NPLs need to be reversed ASAP.

Kenya Airways (KQ) has sold its morning slot at London’s Heathrow Airport for KES 7.5 BN to
Oman Air. This is in addition to the evening slot it sold to Emirates Airways for KES 15
-
25 MN
making a total deal value of USD 90
-
100 MN. KQ’s sale of its coveted 5:30am slot is the highest
priced slot deal to have taken place at Heathrow. The airline is estimated to have earned KSH
3.0 BN from the deal that is expected to go towards offsetting of the company’s debt. Kenya
Airways currently departs for Heathrow in the morning and returns about two hours after
Heathrow arrival to minimize parking costs. It is unclear whether the KES 3.0 BN raised from
the sale is enough to cover the possible loss of business travelers who prefer leaving Kenya in
the evening in order to arrive in London in the morning

waambie wachukue mshwari wainvest kwa sportpesa

[quote=VituVingiSana]Ethiopian, which in its last set of accounts booked more profits than all other African carriers put together.
Ethiopians signs up with RwandAir as a Strategic Partner.

RwandAir has announced it is launching six more destinations in Africa, ranging from Abidjan, Bamako and Cotonou in West Africa to Harare and Lilongwe in the south, and Khartoum

Kenya Airways that last year banked the largest corporate loss in Kenya’s history

http://mgafrica.com/arti...ade-march-with-new-deal[/quote]
Some people must read on how Ethiopian Air does its business and then get back here to update the rest.. That is a mafioso like firm with massive big brother subsidy. In other news, the sale of the Heathrow slot is a midas touch by Ngunze. Why would the planes sit at the airport for over 14 hours. Sweating the assets is the only way forward. The hogwash on lost tourism opportunities is a fallacy. Business travellers are the only real losers here and we all know they can afford a night in London, so they wont really cry over this.. Long live Ngunze