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Kenya Airways...why ignore..
obiero
#12081 Posted : Sunday, April 07, 2019 10:16:34 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
hardwood wrote:
obiero wrote:
xxxxx wrote:
VituVingiSana wrote:
obiero wrote:

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price
In what capacity? Laughing out loudly Laughing out loudly Laughing out loudly


He must have been the bartender or the alcohol

🤣🤣


He was an usher.

Like Raymond?

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#12082 Posted : Monday, April 08, 2019 5:46:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
I wish MJ and SM well.
https://googleweblight.c...-KE&tg=840&pt=7

Are these genuine or sabotage?
Of course, better safe than sorry!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#12083 Posted : Monday, April 08, 2019 5:55:33 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
VituVingiSana wrote:
I wish MJ and SM well.
https://googleweblight.c...-KE&tg=840&pt=7

Are these genuine or sabotage?
Of course, better safe than sorry!


Personally I'm just astonished that minority investors can harbour hopes of making money off this monkey everLaughing out loudly ..but what do I know????
obiero
#12084 Posted : Monday, April 08, 2019 6:09:04 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
VituVingiSana wrote:
I wish MJ and SM well.
https://googleweblight.c...-KE&tg=840&pt=7

Are these genuine or sabotage?
Of course, better safe than sorry!

It's @maka. He keeps loosening bolts on the landing gear

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#12085 Posted : Monday, April 08, 2019 9:08:23 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Jason Kap-kirwok

Non-Executive Director (57 Years
)
Jason Kap-kirwok is the Senior Regional Director and Head of
the EAC-TradeMark East Africa (TMEA) Partnership Programme
based in Arusha, Tanzania. In this position, he is a member of
the senior management team of TMEA.
Prior to this appointment, Kap-kirwok was the Kenya Country
Director for TMEA. He joined TMEA from SBP Consult – a
consultancy he set up in 2004 and through which he consulted
for airlines across Africa, among others. His last assignment
before joining TMEA was a long-term contract with the World
Bank to support the 19 countries of the Common Market for
Eastern & Southern Africa (COMESA) to integrate regional and
national strategic planning. Kap-kirwok was also the Senior
Director and Head of Corporate Strategy and Operational
Change for Heifer International, a US-based development
organisation with a historical footprint in 125 countries.
Kap-kirwok has also previously worked for the Kenya Airways
Group as the Group Director for Corporate Strategy and
Industry Affairs, and the Chief of Strategic Planning and
Research for the 20 member Common Market for East And
Southern Africa, COMESA. He has served in boards of many
organisations including in the strategy committee of the
Nairobi Securities Exchange and KenCargo Airlines Limited.
He has taught air transport management as a visiting lecturer
for the City University of London and financial management and creative writing at Daystar University as a part-time
lecturer. Besides being an author (he has published five
books), he is passionate about social justice and comments
on economics and politics in his capacity as a newspaper
columnist – currently for the Star Newspaper and previously
as Sunday Standard columnist. His book, ‘I Blame the Sky’,
won the 2013 Jomo Kenyatta Prize for Literature, Children’s
English Category. He has also published two poetry
collections (Heartbeats of the Mind and Loud Monologues,
Silent Dialogues), a novella for young adults (The Heart is
a Reluctant Nomad), and a collection of opinion articles
(Telling it to the Birds). He has a forthcoming novel – The
Speed of Sin – published in early 2016.
Kap-kirwok, with the help of friends, helped build the first
modern school library for Chemoge Secondary School in
Mt. Elgon sub-county. For this and other contributions in the
education sector, he was nominated by Bungoma County and
honoured during the 2014 National Heroes Day (Mashujaa
Day) in October 2014.
Kap-kirwok is a graduate of the University of Nairobi (BSc),
Eastern University (MBA), Wharton Business School (Certificate
in Strategy) and University of Cape Town (Certificate
in Leadership).
possunt quia posse videntur
maka
#12086 Posted : Monday, April 08, 2019 9:41:01 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson
#12087 Posted : Monday, April 08, 2019 9:55:31 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
KLM has refused to pump money into kq
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#12088 Posted : Tuesday, April 09, 2019 3:27:56 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
Facing the transport committee today

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#12089 Posted : Tuesday, April 09, 2019 6:58:56 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
Impunity wrote:
ArrestedDev wrote:
maka wrote:
Ericsson wrote:
Someone predicted ksh.4 per share,it's not far away


It will reach huko after the results... How many straight years of loss making...7?


What’s the mishap that occurred?

It won’t reach 4 as passengers numbers are likely to go up soon or later especially with the arrival of the B777 before December. It will boost cargo upload i.e. the oversized items.


B777 is being bought?


Being returned... KQ cant even afford bottled water smile

https://www.pulselive.co...t-planes-engine/5jhnme0

The Dreamliner in Dar is almost ready its a good thing there was a spare engine at Base. Most guys dont realise how bad that incident would have been... The plane had come from JFK the previous day...One of the engineers said if it had happened when crossing the Atlantic we would have been talking of a different story Sad

Juba will get an additional frequency Q400 on ACMI (Aircraft,Crew,Maintenance and Insurance) all leased out...

Ohh yes and there is a New HR Director... Evelyne Munyoki....

She joins the family fromm Co -op Bank if I am not wrong....




Rem I told you guys the Dar story was downplayed big time... Here it is in the media a few weeks later....

https://www.google.com/a...AMP-15nut9kz/index.html

Could have been way worse...

For instance, the duty manager at KQ’s Operations Control Centre, who should have assisted the crew in the event of such an emergency.

ION... Yesterday some senior HR managers were sent home... Night.. Latifa... Bridgette....

possunt quia posse videntur
nairobby
#12090 Posted : Tuesday, April 09, 2019 12:34:29 PM
Rank: Member


Joined: 1/18/2019
Posts: 185
Location: kenya
maka wrote:
maka wrote:
Impunity wrote:
ArrestedDev wrote:
maka wrote:
Ericsson wrote:
Someone predicted ksh.4 per share,it's not far away


It will reach huko after the results... How many straight years of loss making...7?


What’s the mishap that occurred?

It won’t reach 4 as passengers numbers are likely to go up soon or later especially with the arrival of the B777 before December. It will boost cargo upload i.e. the oversized items.


B777 is being bought?


Being returned... KQ cant even afford bottled water smile

https://www.pulselive.co...t-planes-engine/5jhnme0

The Dreamliner in Dar is almost ready its a good thing there was a spare engine at Base. Most guys dont realise how bad that incident would have been... The plane had come from JFK the previous day...One of the engineers said if it had happened when crossing the Atlantic we would have been talking of a different story Sad

Juba will get an additional frequency Q400 on ACMI (Aircraft,Crew,Maintenance and Insurance) all leased out...

Ohh yes and there is a New HR Director... Evelyne Munyoki....

She joins the family fromm Co -op Bank if I am not wrong....




Rem I told you guys the Dar story was downplayed big time... Here it is in the media a few weeks later....

https://www.google.com/a...AMP-15nut9kz/index.html

Could have been way worse...

For instance, the duty manager at KQ’s Operations Control Centre, who should have assisted the crew in the event of such an emergency.

ION... Yesterday some senior HR managers were sent home... Night.. Latifa... Bridgette....



What is wrong with our media though so many inconsistencies in that article, simple facts that can be verified
ArrestedDev
#12091 Posted : Tuesday, April 09, 2019 2:56:16 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
@ maka, what about Jason Kap-kirwok?

Is he being touted to be the next CEO?

Pilots can override the ops centre instructions and perform the emergency procedures as per the manual.

Good to see heads rolling in HR. The names sounds like TNs concubines.

Yliett
#12092 Posted : Tuesday, April 09, 2019 4:29:18 PM
Rank: New-farer


Joined: 12/23/2018
Posts: 38
Location: germany
It is true that airline company can earn significant profits if it is leader on one market and have sort of monopoly. However, on a long run, I just don’t believe in airline investments as there are huge issues with high volatilities in oil prices, as well as competition from low-cost companies
Ericsson
#12093 Posted : Tuesday, April 09, 2019 4:31:58 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Yliett wrote:
It is true that airline company can earn significant profits if it is leader on one market and have sort of monopoly. However, on a long run, I just don’t believe in airline investments as there are huge issues with high volatilities in oil prices, as well as competition from low-cost companies


All businesses are like that
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#12094 Posted : Tuesday, April 09, 2019 6:53:57 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
ArrestedDev wrote:
@ maka, what about Jason Kap-kirwok?

Is he being touted to be the next CEO?

Pilots can override the ops centre instructions and perform the emergency procedures as per the manual.

Good to see heads rolling in HR. The names sounds like TNs concubines.


That guy cannot run a kiosk

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#12095 Posted : Tuesday, April 09, 2019 9:35:42 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Sebastian Mikosz earns a salary of ksh.4mn a month
MJ earns ksh.1.25mn
Government reconsiders JKIA takeover by KQ and is exploring other options
It was a mistake by KQ to buy and then lease the 777s
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
littledove
#12096 Posted : Wednesday, April 10, 2019 8:31:56 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 906
Location: sky
https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html
The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad.

“If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said.

Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind.

“The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said.

There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#12097 Posted : Wednesday, April 10, 2019 9:30:29 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
littledove wrote:
https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html
The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad.

“If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said.

Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind.

“The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said.


Macharia should stop taking kenyans for a ride.
KQ won't do any infrastructure developments or upgrades at JKIA.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#12098 Posted : Wednesday, April 10, 2019 9:43:40 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
littledove wrote:
https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html
The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad.

“If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said.

Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind.

“The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said.


Macharia should stop taking kenyans for a ride.
KQ won't do any infrastructure developments or upgrades at JKIA.




Very true. KQ can't generate enough funds for operations. How will they make money for capital investments?

It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets.
Life is short. Live passionately.
VituVingiSana
#12099 Posted : Wednesday, April 10, 2019 9:48:43 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
sparkly wrote:
Ericsson wrote:
littledove wrote:
https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html
The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad.

“If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said.

Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind.

“The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said.


Macharia should stop taking kenyans for a ride.
KQ won't do any infrastructure developments or upgrades at JKIA.


Very true. KQ can't generate enough funds for operations. How will they make money for capital investments?

It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets.
But, but... Laughing out loudly Laughing out loudly Laughing out loudly I like your analogy. EAPCC and ARM should merge. They are both dying. They might as well die in each other's arms.

I still say that the "Old KQ" needs to be put into administration and a "New KQ" carved out that doesn't have the baggage of the Old KQ.

The New KQ would be owned by the creditors of Old KQ. The current shareholders including GoK would be wiped out but Old KQ is already a dead man walking. GoK will be forced to make good on the forced/coerced Debt-to-Equity conversion for KQLC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#12100 Posted : Wednesday, April 10, 2019 10:13:30 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
littledove wrote:
https://www.nation.co.ke/news/JKIA-takeover-Govt-considers-other-options/1056-5063822-nkibxx/index.html
The CS told the MPs to look at the bigger picture and see KQ as a national entity that flies the country's flag abroad.

“If you view Kenya Airways as just another corporate you lose the point. This is a body that carries our national flag. KQ is our country ... it goes beyond the balance sheet which most people look at,” he said.

Mr Macharia further told the committee that the global aviation landscape has undergone rapid evolution yet Kenya lags behind.

“The Kenyan aviation sector is facing challenges characterised by turbulence experienced by the national carrier as well as loss of business by the JKIA. The market situation has created the need for comprehensive restructuring covering not only Kenya Airways but the whole aviation sector,” he said.


Macharia should stop taking kenyans for a ride.
KQ won't do any infrastructure developments or upgrades at JKIA.


Very true. KQ can't generate enough funds for operations. How will they make money for capital investments?

It's like handing over Bamburi assets to ARM with a promise that ARM will improve the efficiency of those assets.
But, but... Laughing out loudly Laughing out loudly Laughing out loudly I like your analogy. EAPCC and ARM should merge. They are both dying. They might as well die in each other's arms.

I still say that the "Old KQ" needs to be put into administration and a "New KQ" carved out that doesn't have the baggage of the Old KQ.

The New KQ would be owned by the creditors of Old KQ. The current shareholders including GoK would be wiped out but Old KQ is already a dead man walking. GoK will be forced to make good on the forced/coerced Debt-to-Equity conversion for KQLC.


Meanwhile when are the FY results being released
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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