Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? No. She failed to turnaround Flybe as per the link. Sailing in the same boat with Sebastian.
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. possunt quia posse videntur
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
maka wrote:nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. Btw this basically means with Hellen out Silling will be acting CEO for some time or Sebastian will extend..... possunt quia posse videntur
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
maka wrote:maka wrote:nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. Btw this basically means with Hellen out Silling will be acting CEO for some time or Sebastian will extend..... The cat is out of the bag. I also think the contract with GE to do flight analytics is suspect and must be Clare who connected them. All these Wazungus need to go. I was thinking this Helen is incompetent but can now tell who are the incompetent fellows. MJ also need to go as I am very sure he approved the suspension of Hellen. We need action from KALPA asap. KQ is a total mess.
|
|
Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
|
maka wrote:nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. Wow this company is a shit show. The board is complacent!
|
|
Rank: Hello Joined: 8/28/2019 Posts: 9
|
nairobby wrote:maka wrote:nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. Wow this company is a shit show. The board is complacent! sad state of affairs ... a fool and his money are soon parted...
|
|
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
|
ArrestedDev wrote:maka wrote:Hellen Mwariri has been suspended... What’s the issue? Loss of more billions? Company financial issues should be confidential
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Lolest! wrote:ArrestedDev wrote:maka wrote:Hellen Mwariri has been suspended... What’s the issue? Loss of more billions? Company financial issues should be confidential Why should they be confidential when these idiots are messing up the company then they will bail go back to their countries and enjoy their retirement... @Obiero and Co will be busy here bashing Mid level managers and customer care staff for shit that they know nothing about... Anyway that was/will be my last post on anything KQ....I wish the company well. possunt quia posse videntur
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,084 Location: Nairobi
|
maka wrote:nairobby wrote:maka wrote:https://en.m.wikipedia.org/wiki/Christine_Ourmi%C3%A8res-Widener
This was supposed to be the next CEO.... Until the plan was scuttled.
On 29 May 2019, she resigned as CEO of Flybe, with her departure taking effect on 15 July of the same year. The move came folowing recurring financial problems in the company, which will be taken over by Connect Airways, a consortium of Virgin Atlantic, Stobart Air and a US investor.
So Sebastian was/is supposed to remain to work on the nationalisation deal as this lady became CEO.... Is she competent? Nuh...That Flybe is a shit low cost carrier...Look at the planes they have... https://en.wikipedia.org/wiki/Flybe
Now this is why Hellen was suspended...Rem there is supposed to be a lead time of 6 months before the new CEO is appointed that time has lapsed we only have 3 months to go...Actually 2 ...Guess who is supposed to be Acting CEO in this scenario? Hellen ... She refused to sign off on 3 deals... (i) Ursula Silling wants some ERP system that was purchased just last year at a cost of 4m to be changed ...She handpicked the vendor and the cost for the new one is 20m ...Hellen refused to sign off on this. (ii) KQ has a contract with HP ...actually they just got new HP laptops for most of the staff the other day ...Clare Ward wanted it to be changed to Dell for no reason at all extra cost for to the company for no use.She refused to sign off on this also... (iii) The last one is interesting... An overhaul of the contact centre so a new contract on the same ... The wazungus manipulated the process and the vendor who was 3rd was supposed to get the contract... The vendor comes from a company connected to Clare. As usual give it a few you will read this in the dailies ...Rotten company this one. Old KQ needs to be put into bankruptcy Let a New KQ rise up and take over the sensible assets and good/productive staff. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,664 Location: NAIROBI
|
https://af.reuters.com/article/idUSKBN1W210O
Kenya Airways chairman calls for professional board after nationalisation
Kenya Airways (KQ) must avoid picking a board packed with politically connected individuals after it is re-nationalised in order to ensure future success, its chairman said on Tuesday. KQ chairman Michael Joseph said the requirement for professionals to be put in charge of the airline is being built into draft laws that will guide the renationalisation. “It must be run in a commercial way,” he told reporters on the sidelines of an aviation meeting. “We do not want to create a situation that we had before, where you nationalise the airline and all it becomes is a department of government. The board of directors is loaded by friends of politicians.” Kenya wants to emulate countries like Ethiopia, which runs air transport assets – from airports to fueling operations – under a single company, using funds from the more profitable parts to support others. Under the model approved by lawmakers, Kenya Airways will become one of four subsidiaries in an Aviation Holding Company. The others will be Jomo Kenyatta International Airport (JKIA), the country’s biggest airport, an aviation college and Kenya Airports Authority, which will operate all the nation’s other airports. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
maka wrote:Lolest! wrote:ArrestedDev wrote:maka wrote:Hellen Mwariri has been suspended... What’s the issue? Loss of more billions? Company financial issues should be confidential Why should they be confidential when these idiots are messing up the company then they will bail go back to their countries and enjoy their retirement... @Obiero and Co will be busy here bashing Mid level managers and customer care staff for shit that they know nothing about... Anyway that was/will be my last post on anything KQ....I wish the company well. Exactly. Patriotic people should blow the whistle. @ Lolest, what are you talking about ? Are you a fool? KQ should not be making a loss. Mismanagement of the finances is the order of the day and the management shifts the blame to non-issues such as pilots and other unionisable staff. Why should the HR director not sit down with KAWU and negotiate the CBA. Why should the IT director make such decisions where the Company will loose million of shillings. @maka, keep posting the issues here for people to see.
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,084 Location: Nairobi
|
Taking KQ back to State is fine, but why the official opacity? https://www.nation.co.ke...77066-2egcf1/index.html
>>> Seems the nationalisation of KQ is just a matter of time. "...a Bill implementing the nationalisation plan was at an advanced stage of drafting and would be tabled in the House together with others in what is called an “omnibus amendment Bill” next month." "Inexplicably, the task of communicating the complex processes and transactions that must be implemented as part of execution has been left to the chair of the Transport Committee of Parliament, David Psoking, who is not famous for deep domain knowledge and experience in the investment banking and complex debt restructuring area. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
|
ArrestedDev wrote:maka wrote:Lolest! wrote:ArrestedDev wrote:maka wrote:Hellen Mwariri has been suspended... What’s the issue? Loss of more billions? Company financial issues should be confidential Why should they be confidential when these idiots are messing up the company then they will bail go back to their countries and enjoy their retirement... @Obiero and Co will be busy here bashing Mid level managers and customer care staff for shit that they know nothing about... Anyway that was/will be my last post on anything KQ....I wish the company well. Exactly. Patriotic people should blow the whistle. @ Lolest, what are you talking about ? Are you a fool? KQ should not be making a loss. Mismanagement of the finances is the order of the day and the management shifts the blame to non-issues such as pilots and other unionisable staff. Why should the HR director not sit down with KAWU and negotiate the CBA. Why should the IT director make such decisions where the Company will loose million of shillings. @maka, keep posting the issues here for people to see. There’s extreme rot at various staff cadres within KQ. Both low and high. Of course there are some good staff but we must acknowledge that there is a bad culture generally HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:ArrestedDev wrote:maka wrote:Lolest! wrote:ArrestedDev wrote:maka wrote:Hellen Mwariri has been suspended... What’s the issue? Loss of more billions? Company financial issues should be confidential Why should they be confidential when these idiots are messing up the company then they will bail go back to their countries and enjoy their retirement... @Obiero and Co will be busy here bashing Mid level managers and customer care staff for shit that they know nothing about... Anyway that was/will be my last post on anything KQ....I wish the company well. Exactly. Patriotic people should blow the whistle. @ Lolest, what are you talking about ? Are you a fool? KQ should not be making a loss. Mismanagement of the finances is the order of the day and the management shifts the blame to non-issues such as pilots and other unionisable staff. Why should the HR director not sit down with KAWU and negotiate the CBA. Why should the IT director make such decisions where the Company will loose million of shillings. @maka, keep posting the issues here for people to see. There’s extreme rot at various staff cadres within KQ. Both low and high. Of course there are some good staff but we must acknowledge that there is a bad culture generally Once you know the truth it will set you free. Offload and run! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
|
There is nothing called long term in NSE. Just note KQ in a span of 10years: from 200.00 to 2bob. Wonders never cease. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
CFO kicked outLife is short. Live passionately.
|
|
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
|
cyruskulei wrote:There is nothing called long term in NSE. Just note KQ in a span of 10years: from 200.00 to 2bob. Wonders never cease. If you bought shares worth 1 million 10 years ago and went into a comma, you'd wake up today to a portfolio worth 10,000/=
|
|
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
|
whiteowl wrote:cyruskulei wrote:There is nothing called long term in NSE. Just note KQ in a span of 10years: from 200.00 to 2bob. Wonders never cease. If you bought shares worth 1 million 10 years ago and went into a comma, you'd wake up today to a portfolio worth 10,000/= You go back to real comma Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
whiteowl wrote:cyruskulei wrote:There is nothing called long term in NSE. Just note KQ in a span of 10years: from 200.00 to 2bob. Wonders never cease. If you bought shares worth 1 million 10 years ago and went into a comma, you'd wake up today to a portfolio worth 10,000/= Land hapo TRM/roysambu was 1m 10yrs ago, todays it's 18m.
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
well... possunt quia posse videntur
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|