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Kenya Airways...why ignore..
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obiero
#4601 Posted : Sunday, July 03, 2016 6:09:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi

As we gear up for results release we remember that Gulamali Ismail, Ratilal Shah and Mike Maina all defended and/or increased their stake. So did Government of Kenya and Koninklijke Luchtvaart Maatschapij along with Chris Kirubi and Michael Waweru. This share is not for those with weak hearts and/or loose bladders

KQ ABP 4.26
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ArrestedDev
#4602 Posted : Sunday, July 03, 2016 6:59:01 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
obiero wrote:
[quote=ArrestedDev]Direct operating costs are a must for an airline to generate revenue. Nairobi is second to Johannesburg in Africa with respect to Cargo volumes and KQ should not leave the business to foreign carriers. Both pax and cgo pricing for KQ is detrimental to its growth. No justification from Ngunze can convince anyone.

Ngunze may be a novice as proposed by some but then the lies about KQ cargo should end. It's the best in Africa offering unequalled connections http://lesleysimpson.co....line-of-the-year-award/[/quote]

How many tonnes does KQ uplift per year? They are not taking advantage of such a perception. There is a lot to be done to net more tonnes so as to boost revenue.

The ban on miraa led to part of the bleeding at KQ. USD 5M cut off.. Just like that. Kenya Airways in 2016 is projected to grow total cargo uplifted by over 20 percent to 89,871 tonnes. Currently KQ carries about 72,504 tonnes yearly, contributing over 10percent of its own total revenue. Nairobi as a hub offers advantages that can not be overcome. Cargo freight by air is never about cost, but speed. Horticultural produce from Kenya cannot go to Ethiopia for onward movement to Europe. Trade balance and economic vibrancy necessitate most imports to also come to Kenya for onward distribution across Africa


The contribution from cargo is very low and more needs to be done. ET is at the top in Africa with respect to Cargo uplift. The reduced capacity has led to delays in Cargo delivery and hampers Cargo uplift growth moving forward.

http://allafrica.com/stories/201604270576.html


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obiero
#4603 Posted : Sunday, July 03, 2016 7:48:13 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
obiero wrote:
[quote=ArrestedDev]Direct operating costs are a must for an airline to generate revenue. Nairobi is second to Johannesburg in Africa with respect to Cargo volumes and KQ should not leave the business to foreign carriers. Both pax and cgo pricing for KQ is detrimental to its growth. No justification from Ngunze can convince anyone.

Ngunze may be a novice as proposed by some but then the lies about KQ cargo should end. It's the best in Africa offering unequalled connections http://lesleysimpson.co....line-of-the-year-award/[/quote]

How many tonnes does KQ uplift per year? They are not taking advantage of such a perception. There is a lot to be done to net more tonnes so as to boost revenue.

The ban on miraa led to part of the bleeding at KQ. USD 5M cut off.. Just like that. Kenya Airways in 2016 is projected to grow total cargo uplifted by over 20 percent to 89,871 tonnes. Currently KQ carries about 72,504 tonnes yearly, contributing over 10percent of its own total revenue. Nairobi as a hub offers advantages that can not be overcome. Cargo freight by air is never about cost, but speed. Horticultural produce from Kenya cannot go to Ethiopia for onward movement to Europe. Trade balance and economic vibrancy necessitate most imports to also come to Kenya for onward distribution across Africa


The contribution from cargo is very low and more needs to be done. ET is at the top in Africa with respect to Cargo uplift. The reduced capacity has led to delays in Cargo delivery and hampers Cargo uplift growth moving forward.

http://allafrica.com/stories/201604270576.html



Agreed. There is room for improvement

KQ ABP 4.26
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ArrestedDev
#4604 Posted : Sunday, July 03, 2016 8:35:26 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
The profile of the incoming COO now out in the public domain.

Quote:
KLM will also be keen to see one of its long-serving managers assume the important office at KQ in which it is the second-largest shareholder after Treasury with a 26.7 per cent stake.


My problem with these 'Wazungus' is that they take care of their own interests to the detriment of our own. It will be a tall order for KQ to pay off its loans if the right strategy is not put in place moving forward. Who will take care of the interests of the Kenyan majority shareholders (local individuals and institutions)?

http://www.businessdaily...0/-/hrcrbmz/-/index.html
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  | | Edit by user: Sunday, July 03, 2016 8:44 PM | Reason: Not specified
VituVingiSana
#4605 Posted : Sunday, July 03, 2016 8:48:49 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:

As we gear up for results release we remember that Gulamali Ismail, Ratilal Shah and Mike Maina all defended and/or increased their stake. So did Government of Kenya and Koninklijke Luchtvaart Maatschapij along with Chris Kirubi and Michael Waweru. This share is not for those with weak hearts and/or loose bladders

I am sure all the (private) parties are very happy with their decision... d'oh! d'oh! d'oh! I'd be interested in hearing what Gulamali Ismail, Ratilal Shah and Mike Maina have to say about KQ.

In any case, they are small players. The Kenyan Taxpayer is the largest shareholder. And has been and is gonna be shafted. Big Time. Yes, @VVS remains a 1/2,000,000 shareholder of GoK's stake. [2mn coz apparently there are only 2mn 'real' taxpayers in Kenya]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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maka
#4606 Posted : Sunday, July 03, 2016 9:36:20 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
obiero wrote:
[quote=ArrestedDev]Direct operating costs are a must for an airline to generate revenue. Nairobi is second to Johannesburg in Africa with respect to Cargo volumes and KQ should not leave the business to foreign carriers. Both pax and cgo pricing for KQ is detrimental to its growth. No justification from Ngunze can convince anyone.

Ngunze may be a novice as proposed by some but then the lies about KQ cargo should end. It's the best in Africa offering unequalled connections http://lesleysimpson.co....line-of-the-year-award/[/quote]

How many tonnes does KQ uplift per year? They are not taking advantage of such a perception. There is a lot to be done to net more tonnes so as to boost revenue.

The ban on miraa led to part of the bleeding at KQ. USD 5M cut off.. Just like that. Kenya Airways in 2016 is projected to grow total cargo uplifted by over 20 percent to 89,871 tonnes. Currently KQ carries about 72,504 tonnes yearly, contributing over 10percent of its own total revenue. Nairobi as a hub offers advantages that can not be overcome. Cargo freight by air is never about cost, but speed. Horticultural produce from Kenya cannot go to Ethiopia for onward movement to Europe. Trade balance and economic vibrancy necessitate most imports to also come to Kenya for onward distribution across Africa


Cargo can do much better@Obiero it's never given the attention it needs.
possunt quia posse videntur
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maka
#4607 Posted : Sunday, July 03, 2016 9:49:23 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
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obiero
#4608 Posted : Sunday, July 03, 2016 9:50:46 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
maka wrote:
obiero wrote:
ArrestedDev wrote:
obiero wrote:
[quote=ArrestedDev]Direct operating costs are a must for an airline to generate revenue. Nairobi is second to Johannesburg in Africa with respect to Cargo volumes and KQ should not leave the business to foreign carriers. Both pax and cgo pricing for KQ is detrimental to its growth. No justification from Ngunze can convince anyone.

Ngunze may be a novice as proposed by some but then the lies about KQ cargo should end. It's the best in Africa offering unequalled connections http://lesleysimpson.co....line-of-the-year-award/[/quote]

How many tonnes does KQ uplift per year? They are not taking advantage of such a perception. There is a lot to be done to net more tonnes so as to boost revenue.

The ban on miraa led to part of the bleeding at KQ. USD 5M cut off.. Just like that. Kenya Airways in 2016 is projected to grow total cargo uplifted by over 20 percent to 89,871 tonnes. Currently KQ carries about 72,504 tonnes yearly, contributing over 10percent of its own total revenue. Nairobi as a hub offers advantages that can not be overcome. Cargo freight by air is never about cost, but speed. Horticultural produce from Kenya cannot go to Ethiopia for onward movement to Europe. Trade balance and economic vibrancy necessitate most imports to also come to Kenya for onward distribution across Africa


Cargo can do much better@Obiero it's never given the attention it needs.

Indeed it can.. It's not dead though, that's what I was challenging. Basically needs some scaling up which can be done via experience laden Jan de Vegt

KQ ABP 4.26
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ArrestedDev
#4609 Posted : Sunday, July 03, 2016 10:03:21 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
http://nazret.com/blog/index.php/2016/06/30/ethiopian-airlines-says-looking-at


We really need someone who can be on top of things at KQ lest we get swallowed yet we have a good product and well trained manpower at our disposal. The vision 2025 mentioned in the article is our 'project mawingu'.
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  | | Edit by user: Sunday, July 03, 2016 10:05 PM | Reason: Not specified
obiero
#4610 Posted : Tuesday, July 05, 2016 10:58:23 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
ArrestedDev wrote:
maka wrote:
http://nazret.com/blog/index.php/2016/06/30/ethiopian-airlines-says-looking-at


We really need someone who can be on top of things at KQ lest we get swallowed yet we have a good product and well trained manpower at our disposal. The vision 2025 mentioned in the article is our 'project mawingu'.

The biggest mistake that could happen right now is to loose the institutional memory of KQ by firing Ngunze who is the last man standing after all other directors were either fired or resigned.. Let the new guys come in and gradually they shall absorb the wealth of knowledge held by Ngunze.. One year shall be enough. Meanwhile, we await the impressive full year results and outstanding Q1 2016-2017

KQ ABP 4.26
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  | | Edit by user: Tuesday, July 05, 2016 10:59 AM | Reason: Not specified
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