Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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obiero wrote:10+ reasons to believe in operation pride at KQ: 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 especially in Africa 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. Recent rate cap by GoK 15. Financial revamp by transaction advisers 16. Strong forex holding with primary pricing being USD  Profit trend (L/PBT) (KSh m) From 2003 to 2016 ascending: 547 2,075 5,520 6,960 5,975 6,526 −5,664 2,671 5,002 2,146 −10,826 −4,861 -29,710 -26,099 -3,311 Kenya Airways operating margin trend 2016 -3.5% 2015 -14.8% 2014 -2.2% 2013 -9.11% .. 2010 2.6% 2009 5.6% 2008 11.6% 2007 13.1% Point #16 is particularly pregnant seeing the current exchange rate on the green buck.. A godsend for KQ KQ ABP 4.26
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