KAA and KQ broke - all need public bailout

[RV Pundit]

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Kenya gov also broke?

https://www.businessdailyafrica.com/bd/corporate/companies/kq-eyes-treasury-signal-new-turnaround-plan-3543526

https://www.businessdailyafrica.com/bd/economy/kaa-seeks-treasury-bailout-as-debt-piles-3543334

[Nowayhaha]

Both Companies affliated to Kenyatta Family.
Just like Mois time when Both were affliated with his family and cronies like Biwott. They will bw plundered these last days and will rwturn to profitabilty upon regime change.

Kenya gov also broke?

https://www.businessdailyafrica.com/bd/corporate/companies/kq-eyes-treasury-signal-new-turnaround-plan-3543526

https://www.businessdailyafrica.com/bd/economy/kaa-seeks-treasury-bailout-as-debt-piles-3543334

[RV Pundit]

KQ is dead - JamboJet should be set free.

[Nowayhaha]

KQ is being survived by Kenyatta family interests. The company is bailed out by Govt yearly and the money goes to pay leasing charges  of A/Cs which have been registered offshore by the Family.
Once out of power KQ will rebirth as it did in 2003.

KQ is dead - JamboJet should be set free.

[RV Pundit]

I hope they didnt sign long contract like that oil futures...otherwise that thing is debt beyond salvage

KQ is being survived by Kenyatta family interests. The company is bailed out by Govt yearly and the money goes to pay leasing charges  of A/Cs which have been registered offshore by the Family.
Once out of power KQ will rebirth as it did in 2003.

[Kadudu]

Pundit, not very long time ago you defended Kenyatta family from my accusation, that the Kenyatta family leased planes to KQ at horendorous amounts bringing KQ to its knees even before the corona pandemic broke out. Those stories that the leasing companies are owned by local banks through companies set up in offshore companies is a big decoy.  The Kenya parliament even failed to debate that issue courtesy of the Speaker Justin Muturi.

KQ will be kept alive in oder to pay the leasing fees to the Kenyatta family. KQ has even leased out most of these planes to rates lower than it is paying its lendors.

I hope they didnt sign long contract like that oil futures...otherwise that thing is debt beyond salvage

[RV Pundit]

Kadudu, evidence iko wapi?

[Kadudu]

Kadudu, evidence iko wapi?

[RV Pundit]

My evidence is the bitter Wanjigi and DL Langat (ruto proxy) - after their 10 percent fronting chinese - was taken over by Uhuru. Both Wanjigi and DL had bankrolled Jubilee hoping to reap 10 percent chinese management fee.

Uhuru - a mlevi-  took a keen interest on SGR - meaning he was running the project himself  for chinese - something Wanjigi had specialized in.

[Nowayhaha]

https://nipate.net/index.php?topic=8769.msg96935;topicseen#msg96935

Kadudu, evidence iko wapi?