As expected Kenya Airways will get some regional jets, the Embraer 170 which can be expected to serve Kisumu (once fixed) and other regional routes. The Kisumu route showed the preference passengers have for jets versus turbo- props.
An earlier post & debate
More investment news
- Diamond Trust rights are trading on the NSE
- Stanbic Uganda IPO open to Kenyans
- Mumias opens this month
- Is the Family Finance capital raising legal? They say yes, other banks say no, CMA says nothing
Housekeeping
+ve In the last year, Hotmail (which I was about to abandon) has increased mailbox sizes from 2MB to 25 MB and now to 1 GB.
Anonymous comments are allowed again, but are likely to be ignored.
-ve my hotmail address has come to the attention of some of our West African brothers such as Ibrahim, Isaaic More, Idris Musa, Adamu Abubakar, Bala Mohammed, Zuma Amed, Ken Ono, Kaburo Abu, George Watara who have all sent me multi-million-dollar business proposals of which I am yet to decide on.
15 comments:
Looks like some anon dude beat me to the punch :) Anyway, on the multi-million dollar deals, the Nigerians are no longer alone. I got one such from some Natasha Russian woman asking me to help out with some millions of dollars left to her after her benefactor passed away.
Hi Banks, just receuived the Stanbic application, am plotting for minimum of 10000 shares. Whats guess on MSC offer price?
Whats the risk of buying FAmily Finance?
Same here. Been receiving funny emails on hotmail. Wuz wondering how comes it has taken so long to jaa kumbe they ongezad the mail to 1gb.Can you buy rights for Diamond Trust without having the shares?
Need to have a chit chat with you, tell me when you can be seen.Cheers
Hey how do you get those stanbic application forms?
Odegle, rush to Dyer & Blair. You'll also have to open a CDS account with them.
Banks, the number of comments link is not working.
So u won't take up Abubaker's offer of $409 Million? LOL... Come on broda...
Nice info on the Embraer - Is it confirmed they will buy those aircraft?
Their associated firm (Precision) is buying ATRs.
egm: The authors are hardworking and very creative
Jakarumba: Kenya's will over-subscribe that. Cheaper than Eveready
Shiroh: holla anytime. I believe anyoen can buy the rights, if shareholders don't take them all up
odegle: Dyer & Blair only
Jakarumba: Jimnah Mbaru is smart & scooped all other brokers on this one.
- Comments are acting up, tying to fix now
coldtusker: Zuma Amed made a better offer and I don't have to send him any money
- they will lease from GE aircraft services
Mitzy: How sad, but it's just a matter of time. Ethiopian's knees were also capped at last minute
Kudrinketh: countries still try and protect their airlines. e.g. Alitalia
kudri - Wacha madharao... KQ has been fighting for open skies & using KCAA to frustrate another airline will only backfire...
Ethiopian were asking for Fifth Freedom Rights - the airline wanted to fly passengers originating between 2 non-ethiopian cities. Does Ethiopia provide the same FFR to KQ?
I have no idea why VIA's flight was cancelled. They are Ugandan so they should be allowed full access to Kenyan skies as long as they meet the requirements.
KCAA blames UCAA. How does KQ come into the picture?
At $69 (1-way) I would also fly VIA. Maybe next year?
mitzy -
KQ has a 45 min layover in ADD. I do not know if KQ is allowed 5th Freedom Rights. Is KQ allowed to embark passengers in ADD to JIB (Djibouti)?
ET wanted to embark passengers in NBO onward to EBB.
Are Burundi & Rwanda in COMESA?
Finally, isn't ET using the letter (not the spirit) of open skies by blocking KQ on the ADD-Dubai/Jeddah route?
The final decision lies with KCAA not with KQ. What does KCAA say?
Of all the reasons about "bad" KQ... mitzy is the only one whose comments are BACKED by facts!
I am learning quite a bit... are you in the airline industry?
kudri - Puhleeze, KQ had the same deal last year... they offer these "reverse" deals... I know coz I got screwed as well earlier in the year!
Nairobi flies to Mombasa en masse at the beginning of Easter & Xmas thus instead of returning "empty" to NBO, KQ offers cheap fares for the MOMBASA folks who want to escape the hordes from Nairobi!
Competition is good... but truth is that ALL the airlines will do well over Xmas but it remains to be seen what happens over low season (mid-Jan thru mid-Apr)...
Mitzy - Isn't KCAA responsible for granting the ok for ET (& not KQ)?
I think both countries should have a quid pro quo i.e. allow KQ to fly ADD-Dubai/Jeddah while ET can fly NBO-Entebbe...
I hope KCAA's refusal for VIA is not political! It will only hurt everyone esp KQ if UCAA retaliates.
For some reason I don't think KCAA would make such a decision based solely to "protect" KQ.
mitzy,
Thanks for the business in africa link. Any source of info from home is appreciated.
You're right, Banks. Capital Markets Authority has formally approved the Government's plan to divest from Mumias at about 6pm today. Expect press conference and details tomorrow.
Hi,..
thanks again for your blog.
please let me know where i can get stanbic Uganda forms online
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