Tetesi: KQ yaongeza Hasara mara mbili hadi Ksh 7.5b kutoka billioni 4 mwaka jana😆😆

[Mkikuyu- Akili timamu]

Kenya Airways widens loss to Sh 7.59 Billion

Kenyan WallStreet
50 mins ago

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs.
Revenue for the 12 month period increased to Sh 114.45 Billion compared to Sh Sh 80.79 Billion reported during the 9 Month period ended 31 December 2017.
“Kenya Airways current liabilities exceeded Its current assets by KShs 101.540 million (31 December 2017: KShs 106.422 million). These events or conditions, along with other matters as set forth In note 2(e) of the audited financial statements Indicate that a material uncertainty exists that may cast significant doubt on Kenya Airways Pie’s ability to continue as a going concern.” Its auditors, Deloitte noted.
Kenya Airways widens loss to Sh 7.59 Billion

Kenyan WallStreet

50 mins ago​

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs.
Revenue for the 12 month period increased to Sh 114.45 Billion compared to Sh Sh 80.79 Billion reported during the 9 Month period ended 31 December 2017.
“Kenya Airways current liabilities exceeded Its current assets by KShs 101.540 million (31 December 2017: KShs 106.422 million). These events or conditions, along with other matters as set forth In note 2(e) of the audited financial statements Indicate that a material uncertainty exists that may cast significant doubt on Kenya Airways Pie’s ability to continue as a going concern.” Its auditors, Deloitte noted.

Kenya Airways widens loss to Sh 7.59 Billion

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December …

kenyanwallstreet.com

 

[Oii]

Kenya Airways current liabilities exceeded Its current assets by KShs 101.540 million

 

[Janerose mzalendo]

7.59 🅱 ℹ ll ℹ ⭕ n?
RIP ATCL 😔

 

[Geza Ulole]

Hapo Jambojet not accounted for!

 

[vulcan]

RIP ATCL

 

[Kafrican]

Hapo Jambojet not accounted for!

KQ owns Jambojet so obviously Jambojets is accounted for. And BTW, Jambojets makes profits.
Alafu si ni wewe ndo ulikua unasema 'uliskia' loss ya KQ itakua 'kubwa!' kabisa !!!!! Zaidi ya $250m. !!!


BTW hio ripoti wana compare full year 12 months 2018 loss na 9 months 2017 loss .sijui kwanini anafanya hivyo labda alikua anataka taarifa ilingane na kile alichokua anataka kusema kwahivyo akapunguza 2017 Hadi 9 month ili aseme loss ya 2018 imezidi kuongezeka... .... Full year 2017 loss was actually 10 Billion. So KQ reduced the loss from 10B to 7.5B.

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National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
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[kennedy0000]

Kenya Airways widens loss to Sh 7.59 Billion

Kenyan WallStreet
50 mins ago

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs.
Revenue for the 12 month period increased to Sh 114.45 Billion compared to Sh Sh 80.79 Billion reported during the 9 Month period ended 31 December 2017.
“Kenya Airways current liabilities exceeded Its current assets by KShs 101.540 million (31 December 2017: KShs 106.422 million). These events or conditions, along with other matters as set forth In note 2(e) of the audited financial statements Indicate that a material uncertainty exists that may cast significant doubt on Kenya Airways Pie’s ability to continue as a going concern.” Its auditors, Deloitte noted.
Kenya Airways widens loss to Sh 7.59 Billion

Kenyan WallStreet

50 mins ago​

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs.
Revenue for the 12 month period increased to Sh 114.45 Billion compared to Sh Sh 80.79 Billion reported during the 9 Month period ended 31 December 2017.
“Kenya Airways current liabilities exceeded Its current assets by KShs 101.540 million (31 December 2017: KShs 106.422 million). These events or conditions, along with other matters as set forth In note 2(e) of the audited financial statements Indicate that a material uncertainty exists that may cast significant doubt on Kenya Airways Pie’s ability to continue as a going concern.” Its auditors, Deloitte noted.

Kenya Airways widens loss to Sh 7.59 Billion

National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December …

kenyanwallstreet.com

Very dumb people in Tanzania. Including the 'economists'.
Comparing 9-month losses to 12 month losses.

https://www.the-star.co.ke/news/2019-04-30-kenya-airways-reports-sh59-billion-net-loss-in-2018/

Even so, the airline’s management has defended the increase, stating that financial year 2018/19 covered 12 months compared to nine months the previous year.

"This therefore means that the 2018 results are not directly comparable with the 2017 results as it is a representative of 12 months against the 9 months in 2017," Chairman Michael Joseph said.

 

[joto la jiwe]

Very dumb people in Tanzania. Including the 'economists'.
Comparing 9-month losses to 12 month losses.

https://www.the-star.co.ke/news/2019-04-30-kenya-airways-reports-sh59-billion-net-loss-in-2018/

Even so, the airline’s management has defended the increase, stating that financial year 2018/19 covered 12 months compared to nine months the previous year.

"This therefore means that the 2018 results are not directly comparable with the 2017 results as it is a representative of 12 months against the 9 months in 2017," Chairman Michael Joseph said.

Umeona hapo mambo matatu ambayo yanasababisha KQ kupata hasara?
1)Fuel cost
2)Salaries
3)Fleet ownership
Tumewaambia kwamba, katika biashara yoyote ya muda mrefu, leasing is very expensive and uneconomical, kama kawaida yenu kubisha bila kutumia akili.

 

[joto la jiwe]

KQ owns Jambojet so obviously Jambojets is accounted for. And BTW, Jambojets makes profits.
Alafu si ni wewe ndo ulikua unasema 'uliskia' loss ya KQ itakua 'kubwa!' kabisa !!!!! Zaidi ya $250m. !!!


BTW hio ripoti wana compare full year 12 months 2018 loss na 9 months 2017 loss .sijui kwanini anafanya hivyo labda alikua anataka taarifa ilingane na kile alichokua anataka kusema kwahivyo akapunguza 2017 Hadi 9 month ili aseme loss ya 2018 imezidi kuongezeka... .... Full year 2017 loss was actually 10 Billion. So KQ reduced the loss from 10B to 7.5B.

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National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
-------

Kama KQ inapata hasara katika hayo maeneo matatu, 1)Fuel cost, 2)Salaries, and 3)Fleet ownership. ATCL haina gharama za Fleet ownership, na gharama za salaries ni ndogo sana kutokana na idadi ndogo ya employees na viwango vidogo vya mishahara, ni wazi ATCL is making good business.

 

[Geza Ulole]

KQ owns Jambojet so obviously Jambojets is accounted for. And BTW, Jambojets makes profits.
Alafu si ni wewe ndo ulikua unasema 'uliskia' loss ya KQ itakua 'kubwa!' kabisa !!!!! Zaidi ya $250m. !!!


BTW hio ripoti wana compare full year 12 months 2018 loss na 9 months 2017 loss .sijui kwanini anafanya hivyo labda alikua anataka taarifa ilingane na kile alichokua anataka kusema kwahivyo akapunguza 2017 Hadi 9 month ili aseme loss ya 2018 imezidi kuongezeka... .... Full year 2017 loss was actually 10 Billion. So KQ reduced the loss from 10B to 7.5B.

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National carrier Kenya Airways has reported a loss of Sh 7.59 Billion for the 12 month period ended December 2018 from a loss of Sh 6.41 Billion reported in the nine month period ended in December 2017.
-------

Jambojet is always treated as a separate entity I am 100% sure not accounted for!

 

[kennedy0000]

Umeona hapo mambo matatu ambayo yanasababisha KQ kupata hasara?
1)Fuel cost
2)Salaries
3)Fleet ownership
Tumewaambia kwamba, katika biashara yoyote ya muda mrefu, leasing is very expensive and uneconomical, kama kawaida yenu kubisha bila kutumia akili.

Leasing is more expensive than buying?
Can you get any dumber?

Also, the losses have been declining 4 years in a row.

 

[Kafrican]

Kama KQ inapata hasara katika hayo maeneo matatu, 1)Fuel cost, 2)Salaries, and 3)Fleet ownership. ATCL haina gharama za Fleet ownership, na gharama za salaries ni ndogo sana kutokana na idadi ndogo ya employees na viwango vidogo vya mishahara, ni wazi ATCL is making good business.

ATCL iko na viwango vidogo vya kila kitu! Fuel cost, salaries, maintenance cost...etc. ATCL is comparable to fly540, jambojet or African Express not KQ !!!! Unataka Ku compare ndovu na panya ....

 

[Kafrican]

Jambojet is always treated as a separate entity I am 100% sure not accounted for!

Doesn't any parent company count out the financial performance of its subsidiaries in its FY results ?

 

[vulcan]

Is it 5.9 B or 7.5 B ??
https://www.the-star.co.ke/business...irways-reports-sh59-billion-net-loss-in-2018/

 

[Mkikuyu- Akili timamu]

Very dumb people in Tanzania. Including the 'economists'.
Comparing 9-month losses to 12 month losses.

https://www.the-star.co.ke/news/2019-04-30-kenya-airways-reports-sh59-billion-net-loss-in-2018/

Even so, the airline’s management has defended the increase, stating that financial year 2018/19 covered 12 months compared to nine months the previous year.

"This therefore means that the 2018 results are not directly comparable with the 2017 results as it is a representative of 12 months against the 9 months in 2017," Chairman Michael Joseph said.

Kwahivyo loss ya mwaka jana ilikuwa kubwa wakaona wa report ya 9months😆😆😆
Sasa tungojee 2019 baada ya nbo-jfk route, hiyo ndio itafika $300bn loss😂😂 pamoja wa loss ya wale walevi walio gonganisha mindege ikiwa parking👇👇👇

 

[joto la jiwe]

Leasing is more expensive than buying?
Can you get any dumber?

Also, the losses have been declining 4 years in a row.

Hivi wewe una akili kweli?, huko Kenya shule zenu zaidi ya ukabila mbasomeshwa nini?, aisee unatia huruma Sana. Hiyo ripoti imeekeza kila kitu, kwamba KQ liabilities ni kubwa kuliko assets, na ili kupata faida, lazima assets ziwe kubwa kuliko liabilities.

Ukinunua ndege zako mwenyewe by cash, hiyo ni capital investment ambayo inaonekana katika assets( Inafanya assets iwe kubwa), ukikodisha ndege, hiyo ni liabilities ambayo inafanya gharama za uendeshaji kuwa kubwa.

ATCL, Assets ni kubwa kuliko liabilities kwasababu imenunua ndege zake yenyewe.

KQ, liabilities ni kubwa kwasababu imekodi ndege nyingi inalipia fleet ownership kila mwaka.

 

[kennedy0000]

Kwahivyo loss ya mwaka jana ilikuwa kubwa wakaona wa report ya 9months😆😆😆
Sasa tungojee 2019 baada ya nbo-jfk route, hiyo ndio itafika $300bn loss😂😂 pamoja wa loss ya wale walevi walio gonganisha mindege ikiwa parking👇👇👇
View attachment 1084549View attachment 1084551View attachment 1084552

Kama gari iko na insurance, ndege unadhani haina insurance.
That accident will be paid for by the insurer.
Na hii hasara kubwa utaingoja hadi ukufe. KQ losses are only going down.

Last year they changed their reporting schedule. But analyst calculated the loss to be about Sh10.2 billion full year.

The previous year it was Sh26 billion. Very incredible progress.

 

[kennedy0000]

Hivi wewe una akili kweli?, huko Kenya shule zenu zaidi ya ukabila mbasomeshwa nini?, aisee unatia huruma Sana. Hiyo ripoti imeekeza kila kitu, kwamba KQ liabilities ni kubwa kuliko assets, na ili kupata faida, lazima assets ziwe kubwa kuliko liabilities.

Ukinunua ndege zako mwenyewe by cash, hiyo ni capital investment ambayo inaonekana katika assets( Inafanya assets iwe kubwa), ukikodisha ndege, hiyo ni liabilities ambayo inafanya gharama za uendeshaji kuwa kubwa.

ATCL, Assets ni kubwa kuliko liabilities kwasababu imenunua ndege zake yenyewe.

KQ, liabilities ni kubwa kwasababu imekodi ndege nyingi inalipia fleet ownership kila mwaka.

''Ukinunua ndege zako mwenyewe by cash''. 😂😂😂. Wacha nisikucheke.

ATCL imenunua ndege ngapi na pesa yake?
Bila kutumia pesa ya serikali ya kujenga mahospitali na barabara, ATCL hata haiwezi afford kununua helicopter.

Kama airlines hununua ndege cash na pesa zake, KQ ingekuwa na ndege moja ama mbili.

 

[joto la jiwe]

ATCL iko na viwango vidogo vya kila kitu! Fuel cost, salaries, maintenance cost...etc. ATCL is comparable to fly540, jambojet or African Express not KQ !!!! Unataka Ku compare ndovu na panya ....

Sasa hiyo ripoti imesema hasara inatokana na salaries, hasa marubani wanachukua 49% ya salaries, na kwamba Fuel cost pamoja na fleet ownership cost zipo juu, wewe unawapinga?.

Sasa kama hizo gharama zote zipo chini, vipi KQ inaendelea kupata hasara year in year out?, basi ninyi ni failed state original, kama mambo yote hapo ni OK, but nothing works, then ninyi Mungu amewalaani.

 

[hehemnyalu]

Kama KQ inapata hasara katika hayo maeneo matatu, 1)Fuel cost, 2)Salaries, and 3)Fleet ownership. ATCL haina gharama za Fleet ownership, na gharama za salaries ni ndogo sana kutokana na idadi ndogo ya employees na viwango vidogo vya mishahara, ni wazi ATCL is making good business.

Biashara gani ambayo ATCL wanafanya? Au ripoti ya CAG sujaielewa?