Air Transport Contributes US$3.2bn per year to Kenya's GDP!

[Mwanzi1]

You comparing SAA 2016 loss with KQs 2015 loss and yet claim that I cooked data? I don't engage in gezanomics friend. 9mn passengers for your airport and a profit of $12bn for SAA don't just happen from nowhere
KQ makes Sh900m operating profit, six-month net loss down to Sh4.78 billion

And scroll down the very site you quoted and see KQ's retired fleet, a total of 23 planes. You did not contest the destinations because you saw it down the line of the report. I always try to never make up figures

The loss figure are both from the FY of 2015-16, your just chose what you want to believe. Apparently 2017 report shows even bigger loss from what your claiming, the tune of kshs.10 billion.

Kenya Airways cuts losses by half to 10.2Bn as turnaround strategy takes off - Capital Business
http://www.hapakenya.com/2017/05/25/kenya-airways-posts-61-decline-losses-year-ended-march-2017/

Thanks to cost cutting of selling landing rights (which is shame because is not easy to obtain landing rights, look what Kenya did to Emirates). Even selling aircraft, which I'm not sure why airline was hugging dead assets for so long.

The number of aircraft I've shown you is the current one, this is how it stands today. When you count sold and leased aircraft's, that's what I call "cook data."

 

[Mwanzi1]

And on the other hand, the vast mineral deposits of DRC (larger than US + EU economies), Venezuelan oil (worlds largest deposits), Mongolia, Chad's uranium etc haven't amounted to anything. Even Russia , despite being one of the most endowed nations is a power in decline, from world domination to emerging economy

Things don't always work out like we'd want them to

And haven't you heard the news lately, why DRC features a lot? Russia is in decline? Haha the country which explore universe like no other, I was hopping you've say China and Japan are declining because of it's shrinking population. But your horizon is 2017, try and push that to 2050 where all internal combustion engines are long gone who will be the king then? I know for sure Kenya won't make the list.

 

[mkome]

And believe me around 30% of the revenues are attributable to flights on transit to tourists flying to Tanzania. A reason I support Magufuli's efforts to revamp ATCL!

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[Mwanzi1]

KQ does not survive because of Kenyans. Actually most Kenyans shun it because of the ticket prices.
The same way KQ can pull out of TZ and not feel a pinch.
KQ is what it is today because of its wide network and alliances with SkyTeam, which guarantees it passengers that would traditionally not choose it., e.g Britons, French or Germans.
The only alliance ATCL can dream of is with Air Uganda or Mogadishu express.

Remember this, ATCL bought all its aircraft cash, no loans no middle man. Deal was negotiated direct with manufacturer. There's more room to manoeuvre in terms of cheaper ticket and so on.

 

[IamLee]

A thing me n Magufuli want so badly, no more better time than now when KQ languishes in loses year in year out [emoji23] [emoji115]

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oh boy,seems you will have to wait for the longest time. the aviation industry in Kenya is just getting started with massive upgrade of it's major and minor airports including Kerenga airport,Manda airport recently launched Isiolo Int'l Airport Malindi Int'l Airport..
with the upgrade, the airlines operation and passenger frequencies significantly shoot up. Too bad for you.

 

[IamLee]

Remember this, ATCL bought all its aircraft cash, no loans no middle man. Deal was negotiated direct with manufacturer. There's more room to manoeuvre in terms of cheaper ticket and so on.

it would have been a shame anyway to buy A 1980's propeller engine aircraft (bombardier Q-400) with a loan or lease

 

[Geza Ulole]

oh boy,seems you will have to wait for the longest time. the aviation industry in Kenya is just getting started with massive upgrade of it's major and minor airports including Kerenga airport,Manda airport recently launched Isiolo Int'l Airport Malindi Int'l Airport..
with the upgrade, the airlines operation and passenger frequencies significantly shoot up. Too bad for you.

Isiolo, Kisumu n Malindi r not international airports. For an airport to be called international has to be able to receive continental jets e.i. 747 n above. Said airports runway length are less than 2500 km the minimum requirement. That’s according to IATA regulations.

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[Mwanzi1]

it would have been a shame anyway to buy A 1980's propeller engine aircraft (bombardier Q-400) with a loan or lease

1980 eh ? Wow, I beg you pls don't wake up.

 

[kennedy0000]

Remember this, ATCL bought all its aircraft cash, no loans no middle man. Deal was negotiated direct with manufacturer. There's more room to manoeuvre in terms of cheaper ticket and so on.

We have already covered this exhaustively.
There are only 2 reasons poor countries like Tanzania, Zimbabwe and North Korea avoid loans (and hence remain poor).
1. They think loans are bad.
2. The banks don't trust them to pay back.

 

[kennedy0000]

Kenyans r business minded yet u ruined KQ the moment a Kenyan was handled over! [emoji23] [emoji115]

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Kenyans are business minded in that they have have banks, supermarkets, insurance, sport betting, real estate, schools, small businesses... the list is endless, all over Tanzania, Uganda, Rwanda, South Sudan etc.
I'm yet to identify a single Tanzanian business in Kenya apart from Azam which you keep talking about and it has like 200 subscribers in Kenya.

 

[kennedy0000]

Tunaongea vitu viwili tofauti
Ethiopian airlines operates twice daily to Dar and KIA...
SAA Operates twice daily to
KQ ndo ucseme
So it means coming of ATCL will obvi decrease frequency in this other airlines

Obviously is a very strong word.
Unless you restrict your market, the chances of ATCL been driving to obscurity are 95%+.

 

[Mwanzi1]

We have already covered this exhaustively.
There are only 2 reasons poor countries like Tanzania, Zimbabwe and North Korea avoid loans (and hence remain poor).
1. They think loans are bad.
2. The banks don't trust them to pay back.

Your just sitting here in JF saying things you don't know, ask Rotich if debt are fun. It come a time Kenya is overwhelmed with interest payment alone let alone paying back debt.

Kenya to spend $4.6 billion of revenue on paying debt

Mind you, more than half of Kenyan debt is owed to Chinese. In another words, Chinese own more than half of Kenyan wealth.

 

[kennedy0000]

Your just sitting here in JF saying things you don't know, ask Rotich if debt are fun. It come a time Kenya is overwhelmed with interest payment alone let alone paying back debt.

Kenya to spend $4.6 billion of revenue on paying debt

Mind you, more than half of Kenyan debt is owed to Chinese. In another words, Chinese own more than half of Kenyan wealth.

Loans are not fun during the repayment period. Even an individual never enjoys spending part of their monthly income to pay back a bank loan.
But they are essential to advance your self. Otherwise you will never amount to anything.

 

[kennedy0000]

Your just sitting here in JF saying things you don't know, ask Rotich if debt are fun. It come a time Kenya is overwhelmed with interest payment alone let alone paying back debt.

Kenya to spend $4.6 billion of revenue on paying debt

Mind you, more than half of Kenyan debt is owed to Chinese. In another words, Chinese own more than half of Kenyan wealth.

Do you even know the meaning of wealth. There is a difference between GDP and wealth.
GDP is the productivity in just a one year.
If its possible to count net worth, that's a whole different figure.

 

[Kambalanick]

Isiolo, Kisumu n Malindi r not international airports. For an airport to be called international has to be able to receive continental jets e.i. 747 n above. Said airports runway length are less than 2500 km the minimum requirement. That’s according to IATA regulations.

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I don't understand that.. but I can fly from Kisumu to Jo burg so...that is pretty international to me.

 

[Mwanzi1]

Do you even know the meaning of wealth. There is a difference between GDP and wealth.
GDP is the productivity in just a one year.
If its possible to count net worth, that's a whole different figure.

I'm pretty sure your the one struggling to understand word wealth (economically). Example, newly built SGR in Kenya was build with loan money from China, and that money has been calculated on Kenyans GDP as money injected into the economic. But is that SGR technically speaking fully owned by Kenya? or it will be own by Kenya after you finish paying 90% of the loan. Because the last time I check, Kenya only inject 10% of the total cost.

 

[kennedy0000]

I'm pretty sure your the one struggling to understand word wealth (economically). Example, newly built SGR in Kenya was build with loan money from China, and that money has been calculated on Kenyans GDP as money injected into the economic. But is that SGR technically speaking fully owned by Kenya? or it will be own by Kenya after you finish paying 90% of the loan. Because the last time I check, Kenya only inject 10% of the total cost.

Wealth means everything owned by Kenya on Kenyan soil and outside.
Chinese cannot even amount to 0.01%, and this is without counting natural minerals.

 

[Tz_one]

We have already covered this exhaustively.
There are only 2 reasons poor countries like Tanzania, Zimbabwe and North Korea avoid loans (and hence remain poor).
1. They think loans are bad.
2. The banks don't trust them to pay back.

Who told u Tz doesnt take loans ..it does take loans ..sema sio kwa rate kama ya Kenya ..almost every big project u undertake

 

[Mwanzi1]

Wealth means everything owned by Kenya on Kenyan soil and outside.
Chinese cannot even amount to 0.01%, and this is without counting natural minerals.

GDP to debt ration in Kenya is 50%, more than half of that owned by Chinese. Let say Chinese are to demand that money back today, what will be Kenya be left with. And all this happen under Uhuru Kenyatta's watch.

 

[Hoshea]

You're disillusion if you think you'll get a slot in London (leave alone 3) anytime in the foreseeable future.
Tanzanians are simply not businessmen by nature. Therefore travel to other African countries from Dar is almost non-existent.
And their lies the problem. You will never convince an international businessman passing through Dar to abandon KQ or Ethiopian to board a funny looking aircraft to maybe Lagos or Harare.

Magufuli is getting ahead of himself. The problem is not lack of an airline. The problem is the lack of supporting numbers from Tanzanians to sustain a proper air industry.
Tanzanians are generally lazy and slow and lack the entrepreneurial spirit to invest in other countries. Even if ATCL buys 100 airplanes, they will sleep on the tarmac.

First thing is changing the national culture.

Aren't businessman by nature? Nyie endeleeni kujidanganya na hizo story zenu za decades ago, wafanyabiashara wa Kenya wanapata competition hawajai experience in the past from Tanzanian businessmen, hivi enyewe upo JF unasaidia biashara ya mtz.