₦airaland Forum

rvp2018:
Because operational cost > revenue - meaning we are digging a big hole every year. Until we operational profitable - we will continue digging. As for - now in COVID - you're still paying staff, pilots and offices - and getting zero revenues - so you're digging - and in 3yrs - the hole will be big - and this time round - nobody will want to cover it except for public money

SAA has been profitable since April my bru

rvp2018:
Because operational cost > revenue - meaning we are digging a big hole every year. Until we operational profitable - we will continue digging

that what we call economically unfeasible..... KQ has been making a loss every since 2013

rvp2018:
They are small country of 2 million people - without crime, immigrations and name your problems - they can be next Mauritus - if only they decouple from South Africa - for now - they catch cold every time south africa sneezes.

true

rvp2018:
You're in 2017 - we did that debt swap - that is just sealing the anus and hoping to stop the Ghana like choleric diarhoea.

so If that's the case why is KQ asking for bailouts as we speak!

rvp2018:
Codein here we go. I hazard Namibia is even more developed than South Africa. Nigeria is competing with Somalia and Burundi in every index including development.

its very close but it has not overtaken SA.

forgiveness:
Then Nigeria is more developed than Namibia and all other countries in Sub Sahara Africa save South Africa (for now).

nope not in terms of infrastructure it isn't

rvp2018:
Strategic partners like KQ is going to help you - not Gidon Novick - even if he is best aviator - airline you need more than that. If you had sold shares to Qatar - you would be okay - but obviously they cannot risk getting into SAA now.

Now COVID will affect airline industry for two more years - do you think GIdon whatever farmers will have money to keep injecting money?

nope KQ is a dead horse...hence why SAA rejected it.

Again SAA is solvent since April of 2021.... No more bailouts neaded like KQ

forgiveness:
Very good. Sri Lanka, Indonesia, Saints Kits etc are far more developed than South Africa. EOD

in terms of HDI yes.....in terms of infrastructure no..

rvp2018:
Splitting hairs. The only action it saw in 18 months were irregular gov gigs to pick vaccines and pep - it wasnt flying daily like KQ

that is actually you mate

GeneralDae:
But HDI is not the only measure of ďevelopment. Botswana as a whole is not even up to some towns in China and India and definitely not bigger than Delta State in Nigeria. Wouldn't it be unimaginable for such societies not to have ok HDI's on average?

I never said HDI is the only measurement for development

rvp2018:
KQ for long time was Africa most successfully airline - when Ethiopia airline was almost bankrupt. The trick - we had brilliant privitisation in 1995 - that had KLM holding 40 percent, Kenya gov 25 percent and public IPO the results.

You need a strategic partners like we had in KLM - because airline business is not a JOKE>

yeah I'm pretty sure Gidon Novick knows more about running an airline than you.....so yeah I'm pretty sure he would know who to partner with and who not to partner with...

The similarities between KQ and old SAA is uncanny

rvp2018:
Those are just chartered flights. Not commercial flights. That just waking up a drunk pilot in the middle of his depression and telling him to go pick some drugs - and they go back to drinking their sorrows.

Kenya airways even in deep of covid still flies - because again - we have huge cargo to fly to Europe daily - flowers and vegetables.

While you were grounded - KQ was stepping up supply of fresh vegies and flower to Europe - JKIA lead in cargo in Africa.

https://www.youtube.com/watch?v=x69v-raL7xg

that is not what you said.... You said it was grounded.... Not it was grounded only for commercial flights

forgiveness:
Based on your assertion, Sri Lanka, Saint kit, Libya, Indonesia etc are more developed than South Africa because they are ranked higher in terms of HDI than South Africa.

yes in terms of HDI they are.... Can't argue with facts my friend

rvp2018:
We cannot let Africa Pride down Yes we did restructuring Kenya gov shareholding moved to 49 percent; local banks took 28 percent; KLM refused to inject capital and are now almost zero shareholding from 51 percent.

As for RSA - you are going nowhere - unless you align with big boys like KLM, Airfrance, Qatar, Emirates, Turkish - etc etc - those are strategic partners you should be looking - not south african farmers who fly small planes for hobby.

as I said KQ is economically unfeasible.... Hence why its asking bail out after bail out.

SAA is only going to get better with the experienced Takatso Consortium at the helm.....

rvp2018:
You're splitting hairs. SAA filled bankruptcy in Dec 2019 - long before COVID hit your shores. It did not fly commercially for 18months - didnt fly at all for 1yr when company was DEAD.

wierd because dead SAA flew 56 repatriation during covid in 2020 as well as several flights last year to fetch vaccines and freight?

rvp2018:
But we already did that - we converted all debt into Equity - and airline survive - as the lenders became shareholders - but now gov has to inject more capital.

yes and would continue to do so because just like old SAA KQ isn't economically feasible in its current form.

Enjoy your 50 destinations that you don't ever go to yet your tax money is still used to kick a dead horse every year

rvp2018:
It had not flown commercially - for 18 months. Are you doing freight pro bono?

I see you discovered a new word also you said it was grounded...... Yet it was flying in March??

But I see you changed your story to "commercially"

rvp2018:
We were the same boat but KQ has survived longer. At least we have lot of cargo in flowers and vegetables to ferry to Europe - so even with COVID - we still do some flying.

The SAA has not recorded any profits since 2011. The airline has for years been surviving through public funds.


KQ has been restructured- but it keep digging a big hole.

SAA private investor will soon give up and you will have to pump more public fund like we did in Kenya.

We have done those restructuring - We did one big one in 2017 - but airline is brutal industyr.

26 September 2017
Once the last loose ends have been tied up, Kenya will be celebrating its largest debt and equity restructuring transaction yet: the record-breaking USD 2.2 billion restructuring of Kenya Airways PLC. This is according to the lead legal advisor on the transaction, pan-African law firm Bowmans.

cool story bro.... But I don't believe in fairy tales and premonitions, the guys that took over SAA are highly experienced in the Air travel industry.

As for KQ.... It will continue to die a slow death like SAA.... Only time will tell if it will be bought by a private firm or simply disappear like a fart in the wind

rvp2018:
Please get a grip of yourself - and hunt for knowledge - not bushbucks or warthogs

https://www.youtube.com/watch?v=jLsUZDlRnQ0

grounded for passengers you muppet ... It was still flying vaccines and freight.... Back in March

rvp2018:
You're a cartoon - first SAA went down a year - and didnt fly for 18months - and we are just 5 days in 2022
SAA has now dropped from being 2nd to Ethiopia Airline.
To barely surviving.
KQ is in trouble but it's still flying to 50 destinations.
Thanks to COVID - KQ got a chance to kick unions arses - and fired 3000 staff - there might now crawl because staffing cost and unions was killing it.

Where is your source that it didn't fly for 18 months?

Secondly as I said SAA is now privately owned and still n star alliance member.... Its only going to get better.... Unfortunately for KQ it's going the same route as old SAA..... Not long from now we will see KQ liquidated.

rvp2018:
Lol - you're becoming a bonobo - the SAA airline did not fly for 18 months.

it was a month.......or let's say 2 months from 2 August 2021 until 30 September 2021

forgiveness:
Is Casablanca better than your top 3 cities in South Africa?

nope

forgiveness:
Show me your statistical facts. Lagos, Abuja, Ikeja, and Lekki are more developed than any place in that country.

QOL index mercer, Quality of infrastructure index WEF, HDI index....... Which one do you want?

forgiveness:
Ok it is as develop as South Africa. Is that what you hate to here?

However, can you explain your objection to my assertion?

because its just plain wrong.....there are many SSA countries that rank higher in terms of HDI than Nigeria.

Same with infrastructure

Shma:
But I don't believe Windhoek or Kigali is more developed than Lagos.

But Since you believe jl115, then cool.

its not about belief but statistical facts

samorobo:
Is Nairobi more developed than Casablanca

nope its not

Shma:
Jl115 believes Kigali and windhoek is more developed than lagos, ask him.

I do yes

samorobo:
Do you think Nairobi is more developed than Casablanca. Your honest review sir.

nope

rvp2018:
SAA is failed airline. KQ has never stopped flying since inception. Not even during worse of COVID-19. We convered the dreamliners to freightliners.

Bankrupt SAA stopped flying for 18 months. Now they are flying to DRC congo and Ghana - and we are helping them - because we know they have lots of potential.

actually it was 1 month

rvp2018:
How can they reject a airline that flies to 50 destinations - when they are starting from the scratch.

South African Airways announced last month that it had set a date (September 23rd) to resume operations. True to its word, SAA will relaunch today after a year of inactivity and almost 18 months without a commercial flight.

The carrier will initially offer flights from Johannesburg to Cape Town, Accra, Kinshasa, Harare, Lusaka and Maputo.

That was in 2021 my bru

rvp2018:
Dream on. In Subsahara Africa - KQ is now 2nd to Ethiopia - after SA went belly up.
KQ's subsidiaries like Precision Air or JamboJet - beat your useless airline.
Airline business is not owning jets - you can lease them - it's the entire operation that need to work like a clockwork
Something you lazy dull Tanzanians CANNOT HACK

SAA is now majority privately owned..... So while KQ will continue to ask for bail outs for years to come(just like SAA did), SAA will only get better from now on

rvp2018:
South Africa is the saudi arabia of minerals.

actually it isn't anymore.... Mining only contributes 8% of SAs gdp