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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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VituVingiSana wrote:obiero wrote:Fantastic narrowing of the loss position amidst a pandemic. Long live MJ  Still a loss.  How to zero out the loss. Declare bankruptcy. We the people. I speak in code
KQ ABP 4.26
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:obiero wrote:Fantastic narrowing of the loss position amidst a pandemic. Long live MJ Still a loss. How to zero out the loss. Declare bankruptcy.  Govt will have to send more money shortly... possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Fantastic narrowing of the loss position amidst a pandemic. Long live MJ Still a loss. How to zero out the loss. Declare bankruptcy. We the people. I speak in code My friend, just write it off like some of us did for ARM. You will sleep better. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Gosh had written a long statement seems to have disappeared. To me the worst bit is how the company is losing properly trained staff. Two of their staff in Lusaka and Ndola have been poached by Qatar...I think only one is remaining plus an outsourced guy... So basically those two stations will have to find new people when operations get back. So much toxicity, jostling for positions, terrible place to be working... The happy people are those that took VEP... The offer was pretty decent and at least they got their their deferred pay. Some guy moved from SAB Miller to be a HR Partner didn't even last 6 months...From being one of the best employers to being dog poop. Guess that is the price we pay for corruption. possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:Gosh had written a long statement seems to have disappeared.
To me the worst bit is how the company is losing properly trained staff. Two of their staff in Lusaka and Ndola have been poached by Qatar...I think only one is remaining plus an outsourced guy... So basically those two stations will have to find new people when operations get back.
So much toxicity, jostling for positions, terrible place to be working... The happy people are those that took VEP... The offer was pretty decent and at least they got their their deferred pay.
Some guy moved from SAB Miller to be a HR Partner didn't even last 6 months...From being one of the best employers to being dog poop. Guess that is the price we pay for corruption. Leadership is what is ailing this Airline. So many Ex-KQ staff are in Qatar. Smart People wont wait for the indecisive management at KQ to get things moving. Qatar Airways moved into that market since it is totally underserved. Staff jumping ship is not a big issue for a strong leadership. If immigration laws in Zambia allows they can easily send competent people from the Head Office as posted staff to manage the station. Lagos is a gold mine considering the Nigerian diaspora is really huge. KQ should staff that station with posted staff. QR country manager is a Kenyan called Wambua, an ex-KQ employee the last time I checked and he has done a good job since he was appointed. This gentleman is now the QR South Africa Country Manager. https://za.linkedin.com/in/isaac-wambua-b2454364
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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https://simpleflying.com...7-freighter-conversion/
Working with IAI, the Ethiopian Airlines Group will establish a 767-300ER passenger-to-freighter conversion program. Commenting on the exciting news, Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, said: ‘’…we have been increasing our cargo capacity in fleet, ground service infrastructure and cargo connectivity network. Accordingly, we are partnering with IAI, one of the global technology leaders in the Aerospace industry, in building a cargo conversion center in our MRO facilities in Addis Ababa Airport.” GebreMariam adds that this conversion center will begin by converting three Ethiopian Airlines-owned 767-300s. possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:https://simpleflying.com/ethiopian-boeing-767-freighter-conversion/
Working with IAI, the Ethiopian Airlines Group will establish a 767-300ER passenger-to-freighter conversion program. Commenting on the exciting news, Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, said:
‘’…we have been increasing our cargo capacity in fleet, ground service infrastructure and cargo connectivity network. Accordingly, we are partnering with IAI, one of the global technology leaders in the Aerospace industry, in building a cargo conversion center in our MRO facilities in Addis Ababa Airport.”
GebreMariam adds that this conversion center will begin by converting three Ethiopian Airlines-owned 767-300s. As it stands KQ doesn't have the cashflow to do anything constructive let alone sustain the operations. Look at the above results, cargo revenues just rose by 50%. It is a lifeline but they haven't pursued it with the kind of dedication required. If it was to go up by even just 100% then things could have been very different. Stations like KRT, MPM and the rest should not have been closed totally, some commercial staff should have been retained and tasked to work on cargo and KQ deploys the passenger B737 to serve those destinations. The B787 converted to freighter, Is it still being used for Cargo or soon required for pax? I wished KQ management instead of removing seats from this plane just leased an older B767F i.e. ATG converts and leases them to Airlines. Astral just leased a B767-200F from them a few months. I don't know the exact details i.e. the removal of seats was much more cost effective than leasing a dedicated freighter. The ex-jambo jet B737-300 were leased out. why didn't KQ convert these equipment and ramp up the intra-africa freight business. Ofcourse there is the vested interests. The people behind Astral installed Allan as the CEO.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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ArrestedDev wrote:maka wrote:https://simpleflying.com/ethiopian-boeing-767-freighter-conversion/
Working with IAI, the Ethiopian Airlines Group will establish a 767-300ER passenger-to-freighter conversion program. Commenting on the exciting news, Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, said:
‘’…we have been increasing our cargo capacity in fleet, ground service infrastructure and cargo connectivity network. Accordingly, we are partnering with IAI, one of the global technology leaders in the Aerospace industry, in building a cargo conversion center in our MRO facilities in Addis Ababa Airport.”
GebreMariam adds that this conversion center will begin by converting three Ethiopian Airlines-owned 767-300s. As it stands KQ doesn't have the cashflow to do anything constructive let alone sustain the operations. Look at the above results, cargo revenues just rose by 50%. It is a lifeline but they haven't pursued it with the kind of dedication required. If it was to go up by even just 100% then things could have been very different. Stations like KRT, MPM and the rest should not have been closed totally, some commercial staff should have been retained and tasked to work on cargo and KQ deploys the passenger B737 to serve those destinations. The B787 converted to freighter, Is it still being used for Cargo or soon required for pax? I wished KQ management instead of removing seats from this plane just leased an older B767F i.e. ATG converts and leases them to Airlines. Astral just leased a B767-200F from them a few months. I don't know the exact details i.e. the removal of seats was much more cost effective than leasing a dedicated freighter. The ex-jambo jet B737-300 were leased out. why didn't KQ convert these equipment and ramp up the intra-africa freight business. Ofcourse there is the vested interests. The people behind Astral installed Allan as the CEO. The problem with the leadership and politicians in kenya. No one is working for the benefit of the country or the majority of the population. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ericsson wrote:ArrestedDev wrote:maka wrote:https://simpleflying.com/ethiopian-boeing-767-freighter-conversion/
Working with IAI, the Ethiopian Airlines Group will establish a 767-300ER passenger-to-freighter conversion program. Commenting on the exciting news, Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, said:
‘’…we have been increasing our cargo capacity in fleet, ground service infrastructure and cargo connectivity network. Accordingly, we are partnering with IAI, one of the global technology leaders in the Aerospace industry, in building a cargo conversion center in our MRO facilities in Addis Ababa Airport.”
GebreMariam adds that this conversion center will begin by converting three Ethiopian Airlines-owned 767-300s. As it stands KQ doesn't have the cashflow to do anything constructive let alone sustain the operations. Look at the above results, cargo revenues just rose by 50%. It is a lifeline but they haven't pursued it with the kind of dedication required. If it was to go up by even just 100% then things could have been very different. Stations like KRT, MPM and the rest should not have been closed totally, some commercial staff should have been retained and tasked to work on cargo and KQ deploys the passenger B737 to serve those destinations. The B787 converted to freighter, Is it still being used for Cargo or soon required for pax? I wished KQ management instead of removing seats from this plane just leased an older B767F i.e. ATG converts and leases them to Airlines. Astral just leased a B767-200F from them a few months. I don't know the exact details i.e. the removal of seats was much more cost effective than leasing a dedicated freighter. The ex-jambo jet B737-300 were leased out. why didn't KQ convert these equipment and ramp up the intra-africa freight business. Ofcourse there is the vested interests. The people behind Astral installed Allan as the CEO. The problem with the leadership and politicians in kenya. No one is working for the benefit of the country or the majority of the population. Yeah, too much vested interests. What is happening with the B787 which the seats were removed? I did also check plane spotters.com and noticed only one B737-300F is flying and the other one is now parked? Actually I might be bashing Allan too much. He is trying i.e. recovered land from African Express/ 748 Air - totally blocked them from accessing it? Hopefully he is not doing so only to be sold to the god fathers - Peter Muthoka, Kamwana and Company. I highly suspect he is doing it for his masters to get it sorted before August 2022!
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:Ericsson wrote:ArrestedDev wrote:maka wrote:https://simpleflying.com/ethiopian-boeing-767-freighter-conversion/
Working with IAI, the Ethiopian Airlines Group will establish a 767-300ER passenger-to-freighter conversion program. Commenting on the exciting news, Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, said:
‘’…we have been increasing our cargo capacity in fleet, ground service infrastructure and cargo connectivity network. Accordingly, we are partnering with IAI, one of the global technology leaders in the Aerospace industry, in building a cargo conversion center in our MRO facilities in Addis Ababa Airport.”
GebreMariam adds that this conversion center will begin by converting three Ethiopian Airlines-owned 767-300s. As it stands KQ doesn't have the cashflow to do anything constructive let alone sustain the operations. Look at the above results, cargo revenues just rose by 50%. It is a lifeline but they haven't pursued it with the kind of dedication required. If it was to go up by even just 100% then things could have been very different. Stations like KRT, MPM and the rest should not have been closed totally, some commercial staff should have been retained and tasked to work on cargo and KQ deploys the passenger B737 to serve those destinations. The B787 converted to freighter, Is it still being used for Cargo or soon required for pax? I wished KQ management instead of removing seats from this plane just leased an older B767F i.e. ATG converts and leases them to Airlines. Astral just leased a B767-200F from them a few months. I don't know the exact details i.e. the removal of seats was much more cost effective than leasing a dedicated freighter. The ex-jambo jet B737-300 were leased out. why didn't KQ convert these equipment and ramp up the intra-africa freight business. Ofcourse there is the vested interests. The people behind Astral installed Allan as the CEO. The problem with the leadership and politicians in kenya. No one is working for the benefit of the country or the majority of the population. Yeah, too much vested interests. What is happening with the B787 which the seats were removed? I did also check plane spotters.com and noticed only one B737-300F is flying and the other one is now parked? Actually I might be bashing Allan too much. He is trying i.e. recovered land from African Express/ 748 Air - totally blocked them from accessing it? Hopefully he is not doing so only to be sold to the god fathers - Peter Muthoka, Kamwana and Company. I highly suspect he is doing it for his masters to get it sorted before August 2022! There is a massive silo mentality at that company... Departments not working together nothing serious can come out of this at the moment until this issue is sorted. Allan started well but he is also now taking sides you can clearly see his demeanor has changed. Obviously when you don't have cash/ liquidity there is a lot you cannot do... When you rely on the govt to een pay salaries you cant even have the space to do a few projects. possunt quia posse videntur
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