Wataliii SI NDEGE, watalii NI PROMOTION, HAPAJAKOSEKANA NDEGE ZA KUWALETA WATALII TANZANIA, MIMI SIJUI KWA NINI WATU HAWAELEWI HILI JAMBO!
Ndege ya saba boeing 787 dreamliner
Ndege ya saba boeing 787 dreamliner
- Thread starter Emc2
- Start date
Wataliii SI NDEGE, watalii NI PROMOTION, HAPAJAKOSEKANA NDEGE ZA KUWALETA WATALII TANZANIA, MIMI SIJUI KWA NINI WATU HAWAELEWI HILI JAMBO!
I believe that, Ndege is just investment, business is ability to sale
Geza Ulole
JF-Expert Member
- Oct 31, 2009
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Ni mjinga wa mwisho atakataa kuwa na airline haswa KWA kuzingatia ukubwa wa nchi, ukuaji wa utalii na uwekezaji uliofanywa mpaka sasa kwenye viwanja vya kati na vikubwa. Tuiache serikali ifanye yake.
Priorities!
KENPAULITE
JF-Expert Member
- Apr 6, 2017
- 3,511
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5 year losses vs 40 years losses,which other long streak are u talking about ?
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 79,360
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ni jambo lakuskitisha ikiwa mulikua kwenye game kwa muda mrefu bila upinzani lakin cha ajabu munaendesha shirika kwa hasara miaka mitano bila nafuu, lakin ni jambo la faraja leo kuona Air tanzania inachukua 7 new brand aircrafts with no loans or leasing deals...
munatakiwa kujiuliza wapi mulikosea😀😀😀
YoungD
JF-Expert Member
- Dec 27, 2016
- 1,275
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you still hold the record. 40years of loss making by atcl.
YoungD
JF-Expert Member
- Dec 27, 2016
- 1,275
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punguza dose ya unachovuta, wapinzani wetu pia wako hali kama ya KQ tu.....SAA, EGYPT AIR, ETHIOPIAN. pangaboy hata jambo jet hamfiki, ligi yenyu ni fastjet na upuzi kama huo.
BILLY ISISWE
JF-Expert Member
- Feb 10, 2014
- 2,666
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Wewee sio zao. Ni za KLM. Kenya wana hisa ndogo sana KA
BILLY ISISWE
JF-Expert Member
- Feb 10, 2014
- 2,666
- 1,053
KLM pls Sio nyie
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
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No way ATCL made profit before while kq made loss prior privatisation n the last 10 years.
Naona quote yako imejaa mahumivu. Kwa sasa tunasonga mbele. Route zetu za kwanza ni China na India then Europe. Tulia sindano iwaingie.
ojey
JF-Expert Member
- Nov 22, 2016
- 1,148
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KLM wakona 7% share pekee, KQ ikona over 40% share kwa Precision Air ya Tanzania and the CEO ni mkenya. Industry ya ndege Kenya imeizidi Tanzania kwa mbali sana.
joto la jiwe
JF-Expert Member
- Sep 4, 2017
- 26,117
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Lakini kumbuka kwamba it is a loss making industry in Kenya, kwahiyo any industry ambayo Kenya imeizidi Tanzania ni failure, hii inathibitisha kwamba Kenya is a failed state.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
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Kenya Airways unveils new shareholding; KLM stake to drop
Kenya Airways Boeing 777-300ER© Kenya Airways18JUL2017
Kenya Airways (KQ, Nairobi Jomo Kenyatta) has unveiled details of its proposed revised shareholding structure given creditor banks' decision to commit to a debt-to-equity conversion plan.
At present, the bulk of the Kenyan carrier's equity is in the hands of the country's government with a 29.8% stake followed by KLM Royal Dutch Airlines with 26.7%. The remainder is held by private investors.
However, according to a filing to the Nairobi Stock Exchange lodged on July 16, under the airline's Optimization Plan aimed at reducing its current gross debt from KES242 billion (USD2.3 billion) to KES191 billion (USD1.8 billion), a consortium of eleven creditor banks, collectively the KQ Lenders Co., will convert KES22.5 billion worth of loans to a 35.69% stake.
"Although conversion of debt to equity will mean a large equity capital increase and the issue of new shares to these stakeholders, the effect will be to bolster balance sheet equity and capital structure sustainability with overall shareholder book equity becoming positive when compared to the current negative situation," the filing said.
In tandem with this conversion, Kenya Airways said certain Kenyan banks had also agreed to provide USD175 million via a new multi-purpose facility to allow Kenya Airways to primarily refurbish its aircraft engines.
As previously reported, government, too, will convert a loan of KES25 billion (USD241.5 million) to equity bringing its overall shareholding in Kenya Airways, held through the Cabinet Secretary to the National Treasury, to 46.53%.
For its part, although KLM's shareholding will decline to 13.71%, it has committed to an amended joint-venture agreement which, Kenya Airways says, will "bring enhanced benefits to the company". It has also pledged a further investment in Kenya Airways to the tune of USD76.5 million. This includes KLM's subscription to additional new Ordinary Shares in the carrier via USD26.5 million of in-kind contributions that constitute the London Heathrow slots that Kenya Airways currently leases (and uses) from KLM, as well as IT systems and support investment.
It will also subscribe to a further USD25 million worth of ordinary shares on the pre-completion of Kenya Airways' restructuring or soon thereafter on condition that the African airline has achieved acceptable additional concessions from the leaseholders of B777-300(ER) aircraft as well as its agreeing to maintain staff costs at current levels adjusted for inflation with any other increases subject to commensurate productivity improvements.
Finally, following the completion of Kenya Airways' restructuring, KLM will subscribe to a further tranche of ordinary shares valued at USD25 million.
Kenya Airways' remaining existing shareholders are expected to retain a portion of the post-restructured equity.
"The Shareholders will be provided with the ability and opportunity to reinvest in the Company, at an expected discount, and acquire further new Ordinary Shares via the Open Offer, post-Restructuring," it said.
In terms of boardroom control, government will have two seats on the Board in view of its long-term commitment to Kenya Airways, while KLM will be invited to appoint one director. KQ Lenders Co. Ltd shall be entitled to appoint one director for so long as it holds at least a 5% stake.
The proposed restructuring will be put to shareholders during an EGM called for August 7.
Kenya Airways unveils new shareholding; KLM stake to drop
ojey
JF-Expert Member
- Nov 22, 2016
- 1,148
- 816
Restructuring ilishafanyika na government ikaongeza shares, hii habari ni ya kitambo hata wewe unaona imeandikwa JULY 2017.Kenya Airways unveils new shareholding; KLM stake to drop
18JUL2017
Kenya Airways (KQ, Nairobi Jomo Kenyatta) has unveiled details of its proposed revised shareholding structure given creditor banks' decision to commit to a debt-to-equity conversion plan.
At present, the bulk of the Kenyan carrier's equity is in the hands of the country's government with a 29.8% stake followed by KLM Royal Dutch Airlines with 26.7%. The remainder is held by private investors.
However, according to a filing to the Nairobi Stock Exchange lodged on July 16, under the airline's Optimization Plan aimed at reducing its current gross debt from KES242 billion (USD2.3 billion) to KES191 billion (USD1.8 billion), a consortium of eleven creditor banks, collectively the KQ Lenders Co., will convert KES22.5 billion worth of loans to a 35.69% stake.
"Although conversion of debt to equity will mean a large equity capital increase and the issue of new shares to these stakeholders, the effect will be to bolster balance sheet equity and capital structure sustainability with overall shareholder book equity becoming positive when compared to the current negative situation," the filing said.
In tandem with this conversion, Kenya Airways said certain Kenyan banks had also agreed to provide USD175 million via a new multi-purpose facility to allow Kenya Airways to primarily refurbish its aircraft engines.
As previously reported, government, too, will convert a loan of KES25 billion (USD241.5 million) to equity bringing its overall shareholding in Kenya Airways, held through the Cabinet Secretary to the National Treasury, to 46.53%.
For its part, although KLM's shareholding will decline to 13.71%, it has committed to an amended joint-venture agreement which, Kenya Airways says, will "bring enhanced benefits to the company". It has also pledged a further investment in Kenya Airways to the tune of USD76.5 million. This includes KLM's subscription to additional new Ordinary Shares in the carrier via USD26.5 million of in-kind contributions that constitute the London Heathrow slots that Kenya Airways currently leases (and uses) from KLM, as well as IT systems and support investment.
It will also subscribe to a further USD25 million worth of ordinary shares on the pre-completion of Kenya Airways' restructuring or soon thereafter on condition that the African airline has achieved acceptable additional concessions from the leaseholders of B777-300(ER) aircraft as well as its agreeing to maintain staff costs at current levels adjusted for inflation with any other increases subject to commensurate productivity improvements.
Finally, following the completion of Kenya Airways' restructuring, KLM will subscribe to a further tranche of ordinary shares valued at USD25 million.
Kenya Airways' remaining existing shareholders are expected to retain a portion of the post-restructured equity.
"The Shareholders will be provided with the ability and opportunity to reinvest in the Company, at an expected discount, and acquire further new Ordinary Shares via the Open Offer, post-Restructuring," it said.
In terms of boardroom control, government will have two seats on the Board in view of its long-term commitment to Kenya Airways, while KLM will be invited to appoint one director. KQ Lenders Co. Ltd shall be entitled to appoint one director for so long as it holds at least a 5% stake.
The proposed restructuring will be put to shareholders during an EGM called for August 7.
Kenya Airways unveils new shareholding; KLM stake to drop
ojey
JF-Expert Member
- Nov 22, 2016
- 1,148
- 816
All companies makes loses. Hata KQ wakimake loss for the next ten years ATCL haiwezi fika pahali KQ imefika. You have a long way to go.
joto la jiwe
JF-Expert Member
- Sep 4, 2017
- 26,117
- 46,617
Sasa kwasababu watu wote wanaugua UKIMWI kwahiyo na wewe ukipata UKIMWI unaona ni poa?. Acha kukimbia ukweli kwamba Kenya is a failed state, it leads in areas which are making loses and corruption.
https://www.nation.co.ke/news/Kenya...Index-rankings/1056-945310-xke1t0z/index.html
ojey
JF-Expert Member
- Nov 22, 2016
- 1,148
- 816
Failed state but it's ahead of Tanzania. Overtake Kenya first then brag.