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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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sparkly wrote:Only a matter of time before creditors start detaining KQ aircraft. Don't say you were not warned I am looking at (overseas) flights and frankly speaking some KQ flights make sense BUT with what you are saying it gives me cause for worry. I may need to book flights on Skyteam that are operated by other SkyTeam partners. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Kausha wrote:OK reading the standard newspaper reports I will happily dismiss lots of those stories. To start with KQ does not and has never sponsored safari sevens as a title sponsor. They only sponsor the Kenya sevens team. This can be verified. Unless Deported were auditing KRU I believe they missed the point. Can also vouch for the Joburg km station those guys are very strict on excess baggage and it's billing. Unless the staff have their own receipt books. I am on the route every 3 weeks.
I also don't take Deloitte very seriously, having done a 7 month long assignment last year into this year, hawa jamaa ni maembe dodo. What is in the report is factual. Based on KQ official documents processed in the systems. Excess baggage - It is not that they are not enforcing. Lower rates are being applied and instances where it is not banked/ pocketed directly by the staff. The case of Hanoi was earlier reported here. Most of these findings were already in the public domain. KALPA SEC. General narrated some during the previous press conference e.g Europe tickets being sold below the market rates. Non-remittance from travel agents. No controls at KQ. People are eating left right and centre. If Ngunze was an intelligent chap, he could have sealed all these loopholes long ago in 2011 when he was first appointed. Scroll to 2:18 and listen to the Europe under priced tickets.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:Kausha wrote:OK reading the standard newspaper reports I will happily dismiss lots of those stories. To start with KQ does not and has never sponsored safari sevens as a title sponsor. They only sponsor the Kenya sevens team. This can be verified. Unless Deported were auditing KRU I believe they missed the point. Can also vouch for the Joburg km station those guys are very strict on excess baggage and it's billing. Unless the staff have their own receipt books. I am on the route every 3 weeks.
I also don't take Deloitte very seriously, having done a 7 month long assignment last year into this year, hawa jamaa ni maembe dodo. What is in the report is factual. Based on KQ official documents processed in the systems. Excess baggage - It is not that they are not enforcing. Lower rates are being applied and instances where it is not banked/ pocketed directly by the staff. The case of Hanoi was earlier reported here. Most of these findings were already in the public domain. KALPA SEC. General narrated some during the previous press conference e.g Europe tickets being sold below the market rates. Non-remittance from travel agents. No controls at KQ. People are eating left right and centre. If Ngunze was an intelligent chap, he could have sealed all these loopholes long ago in 2011 when he was first appointed. Scroll to 2:18 and listen to the Europe under priced tickets. Baggage is a dicey issues...there is so much that is waived by the CSAs there is no proper policy on this...KQ never used to bill other carriers now they do...probably one of the best initiatives Mckinsey came up with... possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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obiero wrote:a crippling pilot strike is underway.. sad Sub 50 cents finally is here!  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:Kausha wrote:OK reading the standard newspaper reports I will happily dismiss lots of those stories. To start with KQ does not and has never sponsored safari sevens as a title sponsor. They only sponsor the Kenya sevens team. This can be verified. Unless Deported were auditing KRU I believe they missed the point. Can also vouch for the Joburg km station those guys are very strict on excess baggage and it's billing. Unless the staff have their own receipt books. I am on the route every 3 weeks.
I also don't take Deloitte very seriously, having done a 7 month long assignment last year into this year, hawa jamaa ni maembe dodo. What is in the report is factual. Based on KQ official documents processed in the systems. Excess baggage - It is not that they are not enforcing. Lower rates are being applied and instances where it is not banked/ pocketed directly by the staff. The case of Hanoi was earlier reported here. Most of these findings were already in the public domain. KALPA SEC. General narrated some during the previous press conference e.g Europe tickets being sold below the market rates. Non-remittance from travel agents. No controls at KQ. People are eating left right and centre. If Ngunze was an intelligent chap, he could have sealed all these loopholes long ago in 2011 when he was first appointed. Scroll to 2:18 and listen to the Europe under priced tickets. Baggage is a dicey issues...there is so much that is waived by the CSAs there is no proper policy on this...KQ never used to bill other carriers now they do...probably one of the best initiatives Mckinsey came up with... Yes. The problem is very big.Those KALPA guys were giving an estimate of KES 100 billion as revenue lost through the discounts offered to travel agents. Ngunze has been consistently talking about this failed strategy as a way of improving sales yet the reality is totally different. An airline need a strong management team, the situation is more worse currently since he has gone ahead to appoint managers who are not capable at all.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Horton wrote:obiero wrote:a crippling pilot strike is underway.. sad Obiero, clearly your sources are not authentic/credible The strike is likely to take place. No serious professional want to fly faulty planes. It will drop from the sky.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Not sure why the audit on the Cargo was backdated to 2001. Raila's name roped in. Quote:We recorded several instances where inward and outward billing rates charged between AAL and KQ had been higher (inward) or lower (outward) than the approved interline agreement rates between the two entities. Management of KQ were unable to explain inward billing discrepancies in excess of US$5 per transaction, while for outward billing, they explained that the discrepancies were as a result of billing errors within the system, which picks IATA rates that stipulated SPA rates. AAL acknowledge the discrepancies and is prepared to settle this issue with KQ,” the report says. Quote:It also says that business decisions that had been taken by the board and management of KQ over the period under review, had given AAL strategic advantages to exponentially expand its cargo business in Kenya and Africa. “This resulted in a total cost for KQ amounting to more than Sh400 million over the period 2006 to 2015, in outward billing charges by AAL or approximately Sh40.5 million per month since 2001,” the report reads. “After the winding up of KK in April 2004, AAL was designated as the national cargo carrier for Kenya effective from April 2007.” The Deloitte report is categorical that the KQ board erred in doing away with its cargo arm. It has also emerged that KLM and Martinair Holland who were both shareholders in KQ’s Kencargo, were at the same time its competitors, running parallel cargo businesses from the JKIA. They cooperated with KQ under the direction of Mr Naikuni in the winding-up of KK in return for entering into commercial agreements to carry out cargo business directly with KQ Cargo.
Read more at: http://www.standardmedia...ble-cargo-arm/?pageNo=3
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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ArrestedDev wrote:Horton wrote:obiero wrote:a crippling pilot strike is underway.. sad Obiero, clearly your sources are not authentic/credible The strike is likely to take place. No serious professional want to fly faulty planes. It will drop from the sky. There are no faulty airplanes. Modern airplanes have Go-NOGO faults with EICAS as a very handy tool. Please wacha rumours and ask professionals to help u out. The media talked about delays or cancellations which were nonexistent. Factual reporting is always welcome but gutter press rumours is crap.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Horton wrote:ArrestedDev wrote:Horton wrote:obiero wrote:a crippling pilot strike is underway.. sad Obiero, clearly your sources are not authentic/credible The strike is likely to take place. No serious professional want to fly faulty planes. It will drop from the sky. There are no faulty airplanes. Modern airplanes have Go-NOGO faults with EICAS as a very handy tool. Please wacha rumours and ask professionals to help u out. The media talked about delays or cancellations which were nonexistent. Factual reporting is always welcome but gutter press rumours is crap. Maintenance not being carried out up to the required standards due to departure of key engineers. Managers now in charge of maintenance and they only perform just the basic maintenance for an aircraft to take off. Without proper checks and maintenance even if the plane is new it will malfunction. No key spare parts/ rotables due to budget cuts. KALPA already written to KCCA on the issue. Ministry of transport have further appointed a committee to look at the lack of human capacity and report back.
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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ArrestedDev wrote:Horton wrote:obiero wrote:a crippling pilot strike is underway.. sad Obiero, clearly your sources are not authentic/credible The strike is likely to take place. No serious professional want to fly faulty planes. It will drop from the sky. @Horton saa zingine naweka news ya gazetti hapa.. I retract that that dubious piece of information about cancelled flights
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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http://www.theeastafrica...03590-5bfmsy/index.html
Increasing emergency costs! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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http://www.standardmedia...ow-away-sh210m?pageNo=1
More shocking revelations that would let @obiero sell his stake at throwaway price. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Spikes wrote:http://www.theeastafrican.co.ke/business/Kenya-Airways-to-pay-flyers-for-delayed-Hanoi-flight/2560-3403590-5bfmsy/index.html
Increasing emergency costs! That's crap ati first time a dreamliner is having a tech...uwongo possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:Spikes wrote:http://www.theeastafrican.co.ke/business/Kenya-Airways-to-pay-flyers-for-delayed-Hanoi-flight/2560-3403590-5bfmsy/index.html
Increasing emergency costs! That's crap ati first time a dreamliner is having a tech...uwongo May be a first major as Boeing was involved. The other issues were sorted out by the technical providers/ KQ technical.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:http://www.standardmedia.co.ke/mobile/article/2000218321/audit-how-kq-bought-two-planes-at-sh2b-only-to-sell-them-at-a-throw-away-sh210m?pageNo=1
More shocking revelations that would let @obiero sell his stake at throwaway price. Quote:Our review of the letter dated 2 July 2010 revealed that Mr Naikuni, Ms Kiboi, Mr Mbugua, Francis Musila, Ground Services Director, Ms Felicita Kagwanja, Insurance Services Manager, and Mr Allan Fullilove, former KQ Technical Director, had endorsed and confirmed the suitability of the terms and conditions of the agreement,” the report notes. Wheeler-dealer highlighted in red. Do you see the reason why Ngunze appointed him as the Ground Services Director. Ngunze is general wheeler-dealer in the Co. The mantle was fully handed to him by Naikuni. Who still doubt KLM is ripping off KQ. The price at which those 2 aircrafts were sold to KQ is not in line with the market list prices for such old aircraft type.
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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ArrestedDev wrote:Spikes wrote:http://www.standardmedia.co.ke/mobile/article/2000218321/audit-how-kq-bought-two-planes-at-sh2b-only-to-sell-them-at-a-throw-away-sh210m?pageNo=1
More shocking revelations that would let @obiero sell his stake at throwaway price. Quote:Our review of the letter dated 2 July 2010 revealed that Mr Naikuni, Ms Kiboi, Mr Mbugua, Francis Musila, Ground Services Director, Ms Felicita Kagwanja, Insurance Services Manager, and Mr Allan Fullilove, former KQ Technical Director, had endorsed and confirmed the suitability of the terms and conditions of the agreement,” the report notes. Wheeler-dealer highlighted in red. Do you see the reason why Ngunze appointed him as the Ground Services Director. Ngunze is general wheeler-dealer in the Co. The mantle was fully handed to him by Naikuni. Why isn't the share tanking
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:Spikes wrote:http://www.standardmedia.co.ke/mobile/article/2000218321/audit-how-kq-bought-two-planes-at-sh2b-only-to-sell-them-at-a-throw-away-sh210m?pageNo=1
More shocking revelations that would let @obiero sell his stake at throwaway price. Quote:Our review of the letter dated 2 July 2010 revealed that Mr Naikuni, Ms Kiboi, Mr Mbugua, Francis Musila, Ground Services Director, Ms Felicita Kagwanja, Insurance Services Manager, and Mr Allan Fullilove, former KQ Technical Director, had endorsed and confirmed the suitability of the terms and conditions of the agreement,” the report notes. Wheeler-dealer highlighted in red. Do you see the reason why Ngunze appointed him as the Ground Services Director. Ngunze is general wheeler-dealer in the Co. The mantle was fully handed to him by Naikuni. Why isn't the share tanking Has it gained anything above the one recorded in friday? Where is the rally you talked about? This information does not filter much. It is only Standard publishing online, not sure if it is on the print edition. Wanjiku do not know what is going on. Do you remember, there was one in the AGM saying the board and the management should be left to do the job and Macharia should keep off? All the board members especially the old ones and the entire management should be send home if this Co. is to survive. The vested business interests are just too many.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Interesting that the dossier has only been leaked to Standard and they are releasing it in bits. possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:Interesting that the dossier has only been leaked to Standard and they are releasing it in bits. Either someone in KQ or Deloitte leaked it to Standard. All these revelations are just the tip of the iceberg. If ticketing was audited by a subject matter expert then the revelations could be shocking. Remember, only from 2012 to 2015 was covered and over 60 billion lost.
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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ArrestedDev wrote:maka wrote:Interesting that the dossier has only been leaked to Standard and they are releasing it in bits. Either someone in KQ or Deloitte leaked it to Standard. All these revelations are just the tip of the iceberg. If ticketing was audited by a subject matter expert then the revelations could be shocking. Remember, only from 2012 to 2015 was covered and over 60 billion lost. Raila
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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