Emirates Announces Sh23 Billion Profit.. Less than KCB

[kennedy0000]

For those who think running an airline is like selling cashewnuts, here is the latest from the Middle East.
Emirates, one of the world's largest and most recognizable airline, has announced a full year profit of just $237 million.

We're talking of an airline with 254 planes and another 234 on order.

This profit is smaller than even our small KCB or Equity bank, companies that are unknown outside this region.

Anyway, for those who have been telling airlines to 'buy' planes with cash, this profit is not even enough for a single dreamliner.
If Emirates was not receiving oil money or taking debt, they would need 200 years to achieve current their fleet.

High oil prices are hurting Emirates

Emirates airline just paid its biggest ever fuel bill, sending profits to the lowest level in a decade.

edition.cnn.com

 

[Bujibuji Simba Nyamaume]

Ukiwa huna mbinu za biashara, ila una matamko tu ya kisiasa tegemea hasara ya kudumu

 

[vulcan]

Airlines are a difficult business, margins are low and the capital outlay is very huge.
Mostly they are done for national pride and public facilitation.

 

[eliakeem]

For those who think running an airline is like selling cashewnuts, here is the latest from the Middle East.
Emirates, one of the world's largest and most recognizable airline, has announced a full year profit of just $237 million.

We're talking of an airline with 254 planes and another 234 on order.

This profit is smaller than even our small KCB or Equity bank, companies that are unknown outside this region.

Anyway, for those who have been telling airlines to 'buy' planes with cash, this profit is not even enough for a single dreamliner.
If Emirates was not receiving oil money or taking debt, they would need 200 years to achieve current their fleet.

High oil prices are hurting Emirates

Emirates airline just paid its biggest ever fuel bill, sending profits to the lowest level in a decade.

edition.cnn.com

Bro acha kukurupuka na kufungua uzi hapa.
You are comparing the apples and coconuts.
Compare thee firms or companies in the same industry.
Now if Emirate announces Kes 23 Billion Profit less than KCB. We ask you again to do the following
Compare KQ with KCB
Compare KQ with Emirates

 

[Arien]

hakika

Ukiwa huna mbinu za biashara, ila una matamko tu ya kisiasa tegemea hasara ya kudumu

 

[eliakeem]

Airlines are a difficult business, margins are low and the capital outlay is very huge.
Mostly they are done for national pride and public facilitation.

But this is unfair comparison, coz the two companies are two different industry. Compare the likes.

 

[kennedy0000]

Bro acha kukurupuka na kufungua uzi hapa.
You are comparing the apples and coconuts.
Compare thee firms or companies in the same industry.
Now if Emirate announces Kes 23 Billion Profit less than KCB. We ask you again to do the following
Compare KQ with KCB
Compare KQ with Emirates

The intended point of the post has slipped your head. Let me summarize for you.

1. The airline industry is suffering.
2. You can't buy planes 'cash'. Unless you have oil money or your president is a dictator.

 

[vulcan]

Bro acha kukurupuka na kufungua uzi hapa.
You are comparing the apples and coconuts.
Compare thee firms or companies in the same industry.
Now if Emirate announces Kes 23 Billion Profit less than KCB. We ask you again to do the following
Compare KQ with KCB
Compare KQ with Emirates

It was not meant to be a direct comparison, he was just showing that even with a global well funded and managed airline like Emirates, business is still difficult.. imagine a regional bank like KCB in Africa makes more profit than Emirates.

 

[much know]

The intended point of the post has slipped your head. Let me summarize for you.

1. The airline industry is suffering.
2. You can't buy planes 'cash'. Unless you have oil money or your president is a dictator.

Kibera wako pouwa?

 

[vulcan]

The intended point of the post has slipped your head. Let me summarize for you.

1. The airline industry is suffering.
2. You can't buy planes 'cash'. Unless you have oil money or your president is a dictator.

True, the pride in buying all your planes in cash is not really something to celebrate unless you are swimming in OIL cash,

 

[Msapere]

Infact safaricom makes 3 times Emirates profif

For those who think running an airline is like selling cashewnuts, here is the latest from the Middle East.
Emirates, one of the world's largest and most recognizable airline, has announced a full year profit of just $237 million.

We're talking of an airline with 254 planes and another 234 on order.

This profit is smaller than even our small KCB or Equity bank, companies that are unknown outside this region.

Anyway, for those who have been telling airlines to 'buy' planes with cash, this profit is not even enough for a single dreamliner.
If Emirates was not receiving oil money or taking debt, they would need 200 years to achieve current their fleet.

High oil prices are hurting Emirates

Emirates airline just paid its biggest ever fuel bill, sending profits to the lowest level in a decade.

edition.cnn.com

 

[tuusan]

Infact safaricom makes 3 times Emirates profif

KQ vp imetengeneza pesa ngap?

 

[Bottas]

KQ vp imetengeneza pesa ngap?

Huu mwaka ilikua profit ya Ksh 89bn almost $890mln so ata ni mara nne...

 

[tuusan]

Huu mwaka ilikua profit ya Ksh 89bn almost $890mln so ata ni mara nne...

[emoji23] [emoji23] [emoji23] unaota mchana

 

[Tz_one]

Planes zina secondary profit nyingne kubwa zaid kuliko zenyewe kupata faida

 

[Bottas]

[emoji23] [emoji23] [emoji23] unaota mchana

Kuna uzi uliwekwa hapa afew days ago nitakutag,alafu Google pia kidogo wacha uzembe na ubishi wa kijinga....

 

[tuusan]

Kuna uzi uliwekwa hapa afew days ago nitakutag,alafu Google pia kidogo wacha uzembe na ubishi wa kijinga....

Wewe kwann usiilete yani mm ndio nihangaike na KQ ili iweje

 

[Bottas]

Wewe kwann usiilete yani mm ndio nihangaike na KQ ili iweje

Sorry I thought we were talking about safaricom