Kenya Airways

[aviator]

@kyuktothecore

You mean $1.8m per year, which is peanuts for an investment of such magnitude.

Damn my maths teacher. kumbe ni peanuts!

[system]

@kyuktothecore

The only reason kina Emirates, Qatar and Etihad make billions is coz of the massive subsidies they receive from their respective govts.

The other reason which is very significant is that the geographic location of their countries in the world map gives them an edge over most countries.

[Koolibah]

@Avalance

Nani ako na loose change anunue boeing, bei ya jioni
now they are selling aircrafts and some dreamliner orders are in the pipeline?

[ATTACH=full]10696[/ATTACH]

[shocks]

@kyuktothecore

I’ve never understood why people invest in airlines. They’re very capital intensive but with razor thin profit margins, if any.

then there is so much that you can’t control. Terrorism, fuel prices, travel advisories, beef btw. countries e.g Tanzania,

[Ingia]

@Okiya

I don’t see sense in this. You cannot buy off KQ without dealing with GOK and KLM.

Who do you think is GOK?

[bluetooth]

http://www.capitalfm.co.ke/business/2015/07/chris-kirubis-full-speech-on-kq-results-kqrebound/

Read the article above,kq answers are there,anti clicking ,see below

NAIROBI, Kenya, July 30- After Kenya Airways announced a massive net loss of Sh25.7billion in its 2015 full year results, Businessman Chris Kirubi is of the suggestion that it was time to take action and not pretend that all is well.

6

Kirubi who attended the Thursday investor briefing, feels that it was time to stop doing the same thing and expect different results by continuing to pile debts at Kenya Airways and expect it to get back to profitability.

He says that instead of watching the ship sink, a better option could be “take off KQ from the stock market and let it belong to the key investors.”

“Every year you are borrowing and borrowing and borrowing and borrowing. You can’t run a business of this size on loans. You arrange a loan of Sh20 billion, you have made a loss of Sh20billion; next year you will have made a loss of Sh40 billion.”
“I feel sorry for you Ngunze (CEO KQ) and my friend Alex (Group Finance Director) as you try to run a commercial business and walking against the tide. We need to buy out KLM for whatever value they have now, and get them out and really try to have an East African common market strategy.”

For Kirubi, we need to bring investors who this business hurts if it does not exis

[aviator]

Shots have been fired.

[system]

@aviator

Shots have been fired.

Thought so too.

[WuTang]

Kirubi, a true vulture hovering in the air waiting to pounce and feast on the carcass

[Koolibah]

@Okiya

I don’t see sense in this. You cannot buy off KQ without dealing with GOK and KLM.

I heard CK on BBC say that KLM should be given back their money and told to take a walk. I just went Oh shit so this is what it’s all about. Uchumi reloaded. Uhuru has to hold his ground like Kibaki though Kibaki ha Mukhisa strongly pushing for it. Adan Mohammed may lack the spine.

[Koolibah]

@aviator

Shots have been fired.

now watch unknown people gobble up KQ shares as they anticipate this. CK didn’t just come up with this idea, he is simply a spokesman for a flock of vultures that met the previous night in an exclusive club with the report on the table ("My friend Alex) the kes 4M CFO had organized