10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers
KQ ABP 4.26