KQ get 35 billion bailout

[RV Pundit]

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Almost equivalent to cdf.This thing must be fixed

[Njuri Ncheke]

This money should not be released untill we have new suppliers,contractors etc shortlisted and the current ones with ties to gatheca and dynasty fired.
Imagine suppliers are paid even before aircraft leaves the ground while employees go months without pay,Ruto needs run these people hard.

[Kadudu]

You are still dreaming. Ruto is just another extension of Uhuru. Nothing will change. Same forest with different monkeys.

This money should not be released untill we have new suppliers,contractors etc shortlisted and the current ones with ties to gatheca and dynasty fired.
Imagine suppliers are paid even before aircraft leaves the ground while employees go months without pay,Ruto needs run these people hard.

[Githunguri]

This money should not be released untill we have new suppliers,contractors etc shortlisted and the current ones with ties to gatheca and dynasty fired.
Imagine suppliers are paid even before aircraft leaves the ground while employees go months without pay,Ruto needs run these people hard.

If he releases the money,It will be evident that Ruto and Kenyatta are KQ suppliers.Get their 10% 20 % Cut.

[patel]

What can 35B do if ploughed in 5 or 6 counties?

[Kadudu]

When will the commission of inquiry be set up to investigate deep state?

Guys are still dreaming. You cannot send a thief to investigate another thief.

If he releases the money,It will be evident that Ruto and Kenyatta are KQ suppliers.Get their 10% 20 % Cut.

[RV Pundit]

Ruto needs time
But definitely KQ and NIS taking 40b each is criminal.

Ruto has to been too soft on Uhuru and his economic gangsters.

He needs to go hard. Even IMF has demanded some action.

[Kadudu]

You forget he is one of them. Ruto did not land from Mars yesterday. He has been in government most of his life. One of the biggest beneficiaries of the current dyfunctional system. How will he reinvent how Kenya government works?

Ruto needs time
But definitely KQ and NIS taking 40b each is criminal.

Ruto has to been too soft on Uhuru and his economic gangsters.

He needs to go hard. Even IMF has demanded some action.

[Njuri Ncheke]

This money should not be released untill we have new suppliers,contractors etc shortlisted and the current ones with ties to gatheca and dynasty fired.
Imagine suppliers are paid even before aircraft leaves the ground while employees go months without pay,Ruto needs run these people hard.

If he releases the money,It will be evident that Ruto and Kenyatta are KQ suppliers.Get their 10% 20 % Cut.

Absolutely,Ruto needs to be wary of buying a rope that Hustlers will hang him with.
Suppliers ARE MAIN PROBLEM OF KQ and these are proxies for dynasty. Ruto needs go hard we wont accept anything less.

[Githunguri]

This money should not be released untill we have new suppliers,contractors etc shortlisted and the current ones with ties to gatheca and dynasty fired.
Imagine suppliers are paid even before aircraft leaves the ground while employees go months without pay,Ruto needs run these people hard.

If he releases the money,It will be evident that Ruto and Kenyatta are KQ suppliers.Get their 10% 20 % Cut.

Absolutely,Ruto needs to be wary of buying a rope that Hustlers will hang him with.
Suppliers ARE MAIN PROBLEM OF KQ and these are proxies for dynasty. Ruto needs go hard we wont accept anything less.

Everybody in Kenya is a thief.The president governor judge Mp MCA in that order...These people bribe EACC DCI AND DPP.That is why nobody bothers with KDF NIS or Police budget,Once you steal you allow the judiciary and other investigative agencies to steal so that you protect each other.Ruto can't fight corruption.

In the case of KQ,The first business of the sitting government is to bail it out with 35BN.Thats where top UDA Leaders get their 5-10BN cut.Bailing it out means making it suitable for a foreign buyer like Delta airlines who may buy it.Then top UDA Leaders gets their 5-10 BN cut and become new Delta airline local suppliers and make more money.

That said,Did you hear that UDA GOK will import 1.5MN tonnes of rice and maize duty free..that is another 10BN they will make.

Elections and politics are over.Its STEALING TIME otherwise mind your own business.

HUSTLER ATAWARE DYNASTY MBAYA

[Nowayhaha]

In airline what matters is Aircraft leases, Fuel, Maintenance parts , and 3rd party handling .
Now when people talk of supplying KQ what do they mean ?

[Githunguri]

In airline what matters is Aircraft leases, Fuel, Maintenance parts , and 3rd party handling .
Now when people talk of supplying KQ what do they mean ?

(1) LEASES.

How many Aircrafts does KQ lease?
Who leases them and at what rates?
What type of lease are they?

(2) FUEL

I've just checked in the last financial year 2021.Unless corrected Kenya airways revenues were 70BN.How much of that money was spent on fuel?
Who supplies KQ with fuel?
How many Kilometres did the plane cover?What type of Planes does KQ have and their fuel consumption?

(3) MAINTAINANCE.

What type of Aircrafts does KQ Operate?What is their const of maintaince? Remember,The older the machine,the higher the cost of maintainance.Who supplies the aircraft parts?

(4) 3rd Party Handling.

Who provides these services to KQ in different airports globally and at what Rates?

(5) LABOUR COST

 Out of the 70BN KQ revenues in 2021 financial year,How much did KQ spend on Manpower.

(6) SERVICES.

Who provides KQ with financial services (FX hedging on fuel and credit services) Insurance and Legal services and at what rates?

There is nothing difficult here.PURE COMMON SENSE.

KQ is like Kenya Mpya or City Hoppa...Equity Bank gives you a loan to buy Isuzu NQR bus from General motors.Then you join a Sacco and pay County and TLB.Then hand over your bus to driver and Conductor... CORRELATION...If Equity banks gives you expensive loan to buy an Isuzu FRR which consumes more instead of an Isuzu NQR which consumes less and the bus has more than one driver and three conductors and at the same time Directline insurance offers you comprehensive insurance at a higher cost..then you are out of business.that is what happens at KQ.

[Nowayhaha]

https://www.theeastafrican.co.ke/tea/business/kq-kenya-power-to-get-usd300m-state-bailout-4063780?view=htmlamp

KQ has payables amounting to Ksh44 billion ($357 million) owed to aircraft lessors, operation, and maintenance costs, landing and rental fees, fuel costs, rent, navigation, handling charges, and taxes.

[RV Pundit]

should be sold for a dollar to delta

Kenya Airways has defaulted on paying Sh24 billion loan.

— Moe (@moneyacademyKE) December 23, 2022