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KQ-11TH AUGUST 2009 STRIKE IS ON!
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Pierce
#1 Posted : Monday, July 27, 2009 9:02:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Just heard on radio that KQ staff have disagreed with management (over pay issues) and that staff will down their tools on 11th of Aug 2009.........
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VituVingiSana
#2 Posted : Monday, July 27, 2009 9:07:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Well,they should go ahead because the other airlines are letting staff go. I hope the Govt allows KQ to hire foreign pilots & staff. KQ's staff is among the best-paid in Kenya. It has lost billions. *** As an investor,I would not mind taking a hit in the short term for longer-term stability.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Njunge
#3 Posted : Monday, July 27, 2009 9:10:00 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Penny,
An industrial strike has a procedure......Am not doubting anything.Just that 11th August is too close for a formal notice........BTW,i hope they don't down their tools (read aircrafts).

Yombo dhier....!!
Nothing great was ever achieved without enthusiasm.
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Pierce
#4 Posted : Monday, July 27, 2009 9:15:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Njung'e.............looks like a 14 day notice!
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Djinn
#5 Posted : Monday, July 27, 2009 9:17:00 AM
Rank: Elder

Joined: 11/13/2008
Posts: 1,565
haki yetu! will they 'ngoa' the runway?

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
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VituVingiSana
#6 Posted : Monday, July 27, 2009 10:50:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
It is time that KQ can advantage of the strike and fire the inefficient employees as well as the senior/expensive employees. Yes,it will hurt in the short-term but as an investor it will be better for the longer-term.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Mainat
#7 Posted : Monday, July 27, 2009 12:56:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
How about loss of earnings? I don't think KQ needs this currently

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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Magigi
#8 Posted : Monday, July 27, 2009 3:25:00 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
...those KQ staff are daring... How does one ask for a pay rise during times when businesses are making losses,ama KQ is raking huge profits,something that we do not know.. So ill timed!!! Wacha wajaribu...
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VituVingiSana
#9 Posted : Monday, July 27, 2009 10:39:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
HM,Ford & Chrysler gave into outrageous demands by UAW so as to keep the production lines rolling... and the effect is being felt now... same with KQ... better to lose money now (staff will come to their senses bila unga) for a few months then I pay for it later as a shareholder.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Mali
#10 Posted : Tuesday, July 28, 2009 4:57:00 AM
Rank: Member

Joined: 7/3/2008
Posts: 238
150% Increase! lol.. you should be in parliament!

Anyway,just noticed its only KQ shareholders who are making noise!!!!!


@20 will buy MORE!!!

if the incompetent and the reckless compete,the result is a disaster.. MN
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