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What’s the point of this airline kweli?
@langatkipro UDA kubaya-- it should just be disbanded ! :D:D:D
Not disbanded but sold to a commercial airline. They try to sell Kenya using the airline but it’s a financial toilet. And the reason they won’t sell is because the Kenyatta family owns many of its aircrafts. KQ just leases the planes. Which means the first thing a buyer will do is discontinue some of those leases to turn into profitability. Cutting off the financial supply of that family. They won’t let it happen. After all, its taxpayers paying out of their behinds for continuous bail outs. For certain individuals to acquire property in Karen and Runda.
The Kenyan government has no business being in commercial operations. Air Canada, BA, Japan Air, Lufthansa are all privately owned.
A basic principle of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized. Noam Chomsky
How do you lose money from hedged strategies. Fuel prices have been going up so it wouldn’t make sense them hedging in the dip.
Golden child Michael Joseph atuambie shida iko wapi.
Stick to UDA issues bro. we are not used to seeing such meaningful news coming from you
Government has no business in business. Africa Uncesored did an expose on KQ.
GoK should stick to macroeconomic policy implementation and regulation to create an enabling environment for businesses to thrive.
Hebu link ya exposé kama uneza ipata tuichambue pls
:D:D:D:D:D…hii ni cash cow ya mlevi 1 and family.
Emirates made a loss of Kshs 417 Billion during the same time. You guys do not fully comprehend the impact of COVID 019 to the travel industry, do you?
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These are staggering losses.
Shida ilianzia apa:
https://www.youtube.com/watch?v=dDzi76HGEg4
Corruption and mismanagement resulted in the worst decision-making in history. A few short-sighted fellas who had their own self interest at heart.
Y’all are naive then. This has been a cash cow for Konyagi since he took power in 2012…Notice how KQ started going broke at that exact year. Next utaskia 60bilion zimeinjectiwa kui bail out…Be woke guys.
bullshit. KQ has been making loses for the last nine years way before corona