obiero wrote:obiero wrote:obiero wrote: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
-3,311Kenya 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
Wheelback.. Mtajiju
We await end of next month with bated breath
@obiero, are you still there.
Like a baby school toddler, expound how you expect fleet ownership cost to decline by such a huge margin. Planes are still leased at a loss or are non profitable to own sofar, perennial strikes, couldn't have been worser. I will let you go with other losses but not that. Financing costs are likely to go up with a harder dollar than is likely otherwise.
Me I give you two years and after giving many alike ngunze a suck, you will come to the harsh realisation kq sucks functional wise from critical multiple system failure. That will make it four straight years in the red. Hapa naona watu wakilia machozi ya damu , lakini msiba wa kujitakia, watalilia nini?
The ghost inside this mbus is just reawakening from the underdosage and unfortunately more resistant and revitalised to wreek havoc. Dollar inaelekea wapi, petro nayo- hapo kwa hapo.
,Behold, a sower went forth to sow;....