Mc reggae
Which financials are you talking about? do you even know what are financials in the first place...i have on my desk KQ annual report 2008/09 otherwise read as 09,go to page 58 and look at loss / profit before taxation if you can't see (5,664m),then ......but in the event you understand what that number number is,come back i teach you how to digest financials.
Itz
Stop lying to us about capital intensive! there are businesses using more capital than KQ and churning out great ROICs. Look at oil,both upstream and downstream businesses they use much more capital than KQ and very regularly. So hiyo argument yako ni ya jobless corner not this forum. Look at other airlines and the ROIC they deliver,i have in mind Singapore airlines,Cathay,Qantas,Ryan air to name a few look at their ROIC and see what they get. KQ has been flying around like a headless chicken for sometime now,other than their great network which can easily be replicated they stink in everything else.
Also don't tell us about fuel,fuel pricing is part of KPIs of the executive management and Board! next time you will tell us KQ cant expand fast coz of pilot shortage! A soft example on KQ's botched leadership - how is it that KLM had hedged fuel below USD 80 and KQ was hedging at an AVCO of 112USD and yet KQ is an associate of KLM and has board members from KLM? what do they discuss in the board ? Look at the aircraft orders,KQ has among the worst procurement strategy its too reactive!