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Kenya Airways...why ignore..
maka
#4381 Posted : Thursday, June 09, 2016 7:11:54 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
1 week strike notice....Sad
possunt quia posse videntur
ArrestedDev
#4382 Posted : Thursday, June 09, 2016 7:39:20 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
1 week strike notice....Sad


Any fresh demands from the pilots, Ngunze still wanted out?????
alotoftalk
#4383 Posted : Thursday, June 09, 2016 7:43:01 AM
Rank: Member


Joined: 8/27/2015
Posts: 138
Location: Harare
This is a long shot but if KQ needed a real turnaround it would allow itself to go "bankrupt" all while continuing operations (get all debt guaranteed by GoK, register new subsidiary, transfer assets and guaranteed liabilities to new CO...).

This will give it a clean slate to put in place new contracts for the pilots.There are tons of pilots from well trained ET who would love to earn 3/4 of what KQ pays its pilots.

As it is its on its deathbed and it will bleed slowly and painfully to its grave and drag with it billions in taxpayer money since the shareholders are already holding negative equity.
Investment philosophy development in progress...
Horton
#4384 Posted : Thursday, June 09, 2016 7:54:43 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
@maka Not true.
ArrestedDev
#4385 Posted : Thursday, June 09, 2016 7:55:21 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
alotoftalk wrote:
This is a long shot but if KQ needed a real turnaround it would allow itself to go "bankrupt" all while continuing operations (get all debt guaranteed by GoK, register new subsidiary, transfer assets and guaranteed liabilities to new CO...).

This will give it a clean slate to put in place new contracts for the pilots.There are tons of pilots from well trained ET who would love to earn 3/4 of what KQ pays its pilots.

As it is its on its deathbed and it will bleed slowly and painfully to its grave and drag with it billions in taxpayer money since the shareholders are already holding negative equity.


@alotoftalk, winding it up is more disastrous. In Kenya, there is no protection from bankruptcy. It is not about pilots but how the management handles staff relations. ET neither has surplus pilots to be employed by KQ nor pilots who are better trained.
VituVingiSana
#4386 Posted : Thursday, June 09, 2016 8:12:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,298
Location: Nairobi
obiero wrote:
Ebenyo wrote:
[quote=obiero]@ebenyo @arresteddev here are opportunities to be explored http://careers.qatarairw...L0678502232000000001104[/quote]
@Obiero,Its good you are now talking about Qatar airways! what a good break! post their financial results as well.I hope its making profits.
Are u planning to sell your stake in KQ and buy Qatar airways?

nope. this is for the haters who are driving down the share of KQ. giving hope that there other employers out there willing to receive with open arms. guerrilla warfare is nasty. KQ as it is currently deserves respect and admiration. profits like women, come and go

In KQ's case the profits have divorced KQ...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ArrestedDev
#4387 Posted : Thursday, June 09, 2016 8:38:07 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
Horton wrote:
ArrestedDev wrote:
More disruptions expected from pilots if what is posted in this sometimes unreliable paper is to go by.

http://www.the-star.co.k...nagement-again_c1364481

If the assertions are true then @obiero brace for bad times ahead. 2/= is inevitable.


Stale news. Was sorted.


@maka's post lends some credence to this article. @Horton, what exactly is the status of this fallout btw mgnt & the pilots since you are disputing @maka's post?
obiero
#4388 Posted : Thursday, June 09, 2016 8:52:09 AM
Rank: Elder


Joined: 6/23/2009
Posts: 14,069
Location: nairobi
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble

KQ ABP 4.26
ArrestedDev
#4389 Posted : Thursday, June 09, 2016 9:43:21 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


It's now obvious you can see the flaws in what this guy does. Many CEOs come to the media when the exercise is already conducted. This is why am advocating for his departure. What KQ needs is fresh thinking. When such a character is at the top then any other right thinking manager under him proposing better ideas will be rebuked instantly.
obiero
#4390 Posted : Thursday, June 09, 2016 9:59:00 AM
Rank: Elder


Joined: 6/23/2009
Posts: 14,069
Location: nairobi
ArrestedDev wrote:
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


It's now obvious you can see the flaws in what this guy does. Many CEOs come to the media when the exercise is already conducted. This is why am advocating for his departure. What KQ needs is fresh thinking. When such a character is at the top then any other right thinking manager under him proposing better ideas will be rebuked instantly.

I agree with you 80percent

KQ ABP 4.26
nzalela
#4391 Posted : Thursday, June 09, 2016 10:22:09 AM
Rank: New-farer


Joined: 4/11/2016
Posts: 30
Location: Nairobi
There is no strike notice. On the contrary the pilots are working flat out even on their days' off to ensure minimal disruption. KQ is now facing attrition problems from their pilots and engineers who are jumping ship for other airlines. At this rate KQ will have a significant skills shortage by end of this year. From the beginning of last year till now approximately 25 pilots have resigned...10 of them left to do other things and the rest to the middle east and to our neighbouring upcoming rival airline. Another approximately 20 will be leaving before end of the year to the middle east and 5 to the aforementioned neighbour airline.

The biggest loss is from the engineers. My forecast is that KQ will be unable to do heavy maintenance checks on its aircraft and will have to rely on other airlines(probably KLM) who charge exhorbitant fees.

Unfortunately years and years of mediocre human resource and employee relations in the company have lead to this.
Spikes
#4392 Posted : Thursday, June 09, 2016 10:31:07 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
nzalela wrote:
There is no strike notice. On the contrary the pilots are working flat out even on their days' off to ensure minimal disruption. KQ is now facing attrition problems from their pilots and engineers who are jumping ship for other airlines. At this rate KQ will have a significant skills shortage by end of this year. From the beginning of last year till now approximately 25 pilots have resigned...10 of them left to do other things and the rest to the middle east and to our neighbouring upcoming rival airline. Another approximately 20 will be leaving before end of the year to the middle east and 5 to the aforementioned neighbour airline.

The biggest loss is from the engineers. My forecast is that KQ will be unable to do heavy maintenance checks on its aircraft and will have to rely on other airlines(probably KLM) who charge exhorbitant fees.

Unfortunately years and years of mediocre human resource and employee relations in the company have lead to this.


@obiero you now agree 100% with this story?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Thiong'o
#4393 Posted : Thursday, June 09, 2016 10:32:19 AM
Rank: Member


Joined: 10/14/2011
Posts: 661
ArrestedDev wrote:
alotoftalk wrote:
This is a long shot but if KQ needed a real turnaround it would allow itself to go "bankrupt" all while continuing operations (get all debt guaranteed by GoK, register new subsidiary, transfer assets and guaranteed liabilities to new CO...).

This will give it a clean slate to put in place new contracts for the pilots.There are tons of pilots from well trained ET who would love to earn 3/4 of what KQ pays its pilots.

As it is its on its deathbed and it will bleed slowly and painfully to its grave and drag with it billions in taxpayer money since the shareholders are already holding negative equity.


@alotoftalk, winding it up is more disastrous. In Kenya, there is no protection from bankruptcy. It is not about pilots but how the management handles staff relations. ET neither has surplus pilots to be employed by KQ nor pilots who are better trained.


In other jurisdictions bankruptcy offered protection to distressed companies, a case in point is the reorganization of General Motors in 2009 where The United States government-endorsed sale enabled the New General Motors CO Inc. to purchase the continuing operational assets of the old GM https://en.wikipedia.org...apter_11_reorganization
@alotoftalk, if such can work in our context, it would be an easy way out for KQ
@ArrestedDev, talking of staff relations most people note how cocky KQ pilots can be, attitude change is needed if work relations are to improve because they seem to harbor a negative attitude, too rigid / adamant, carrying ego to work and etc unlike other cadres and btw seems most of the negative publicity is originating from within the company….

maka
#4394 Posted : Thursday, June 09, 2016 10:43:59 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Thiong'o wrote:
ArrestedDev wrote:
alotoftalk wrote:
This is a long shot but if KQ needed a real turnaround it would allow itself to go "bankrupt" all while continuing operations (get all debt guaranteed by GoK, register new subsidiary, transfer assets and guaranteed liabilities to new CO...).

This will give it a clean slate to put in place new contracts for the pilots.There are tons of pilots from well trained ET who would love to earn 3/4 of what KQ pays its pilots.

As it is its on its deathbed and it will bleed slowly and painfully to its grave and drag with it billions in taxpayer money since the shareholders are already holding negative equity.


@alotoftalk, winding it up is more disastrous. In Kenya, there is no protection from bankruptcy. It is not about pilots but how the management handles staff relations. ET neither has surplus pilots to be employed by KQ nor pilots who are better trained.


In other jurisdictions bankruptcy offered protection to distressed companies, a case in point is the reorganization of General Motors in 2009 where The United States government-endorsed sale enabled the New General Motors CO Inc. to purchase the continuing operational assets of the old GM https://en.wikipedia.org...apter_11_reorganization
@alotoftalk, if such can work in our context, it would be an easy way out for KQ
@ArrestedDev, talking of staff relations most people note how cocky KQ pilots can be, attitude change is needed if work relations are to improve because they seem to harbor a negative attitude, too rigid / adamant, carrying ego to work and etc unlike other cadres and btw seems most of the negative publicity is originating from within the company….



@Thiong'o you can call them cocky but so far they have been vindicated and the audit has shown clearly that misuse of company funds was rampant...Let me give you an example the co has cut down on HOTAC if you have rooms that are above 7500 bob you wont get KQ travellers unless there is a MASSIVE disruption....EKA,Ole Sereni,Panari,Hilton etc have all been denied this service,how much has this initiative saved almost USD 470,000 in 1 month but some forces still want the big hotels to get travllers which is wrong...this is all the staff are asking for prudence...you cant make people work like donkeys while others are busy getting kick backs and making tons of money.
possunt quia posse videntur
ArrestedDev
#4395 Posted : Thursday, June 09, 2016 11:19:44 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
Thiong'o wrote:
ArrestedDev wrote:
alotoftalk wrote:
This is a long shot but if KQ needed a real turnaround it would allow itself to go "bankrupt" all while continuing operations (get all debt guaranteed by GoK, register new subsidiary, transfer assets and guaranteed liabilities to new CO...).

This will give it a clean slate to put in place new contracts for the pilots.There are tons of pilots from well trained ET who would love to earn 3/4 of what KQ pays its pilots.

As it is its on its deathbed and it will bleed slowly and painfully to its grave and drag with it billions in taxpayer money since the shareholders are already holding negative equity.


@alotoftalk, winding it up is more disastrous. In Kenya, there is no protection from bankruptcy. It is not about pilots but how the management handles staff relations. ET neither has surplus pilots to be employed by KQ nor pilots who are better trained.


In other jurisdictions bankruptcy offered protection to distressed companies, a case in point is the reorganization of General Motors in 2009 where The United States government-endorsed sale enabled the New General Motors CO Inc. to purchase the continuing operational assets of the old GM https://en.wikipedia.org...apter_11_reorganization
@alotoftalk, if such can work in our context, it would be an easy way out for KQ
@ArrestedDev, talking of staff relations most people note how cocky KQ pilots can be, attitude change is needed if work relations are to improve because they seem to harbor a negative attitude, too rigid / adamant, carrying ego to work and etc unlike other cadres and btw seems most of the negative publicity is originating from within the company….



Do not even refer to General Motors GFC related problems. Look at what happened after 9/11 to airlines in US. The US government came to their rescue by virtue of Chapter 11. I still insist that employee relations have contributed immensely to where KQ is. As @nzalela & @maka puts it, employees in KQ plays their role apart from a few rotten eggs but the management is to blame for the mess.Unless, a clean up is done to restore the confidence of the employees and other stakeholders then the recovery of KQ will be very difficult. Loss of pilots & engineers at such a rate is worrying. There is shortage of pilots all over the world.
maka
#4396 Posted : Thursday, June 09, 2016 3:59:22 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


Maybe he should do this bro....noma

possunt quia posse videntur
ArrestedDev
#4397 Posted : Thursday, June 09, 2016 4:09:08 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


Maybe he should do this bro....noma



@maka, What is the correct position, Is Ngunze exiting by July???
maka
#4398 Posted : Thursday, June 09, 2016 4:56:03 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
ArrestedDev wrote:
maka wrote:
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


Maybe he should do this bro....noma



@maka, What is the correct position, Is Ngunze exiting by July???


Everybody thought he was a softie...amekaa ngumu kama Gumo but I dont think he can survive another strike...He will leave if one happens.
possunt quia posse videntur
enyands
#4399 Posted : Thursday, June 09, 2016 5:05:34 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
maka wrote:
ArrestedDev wrote:
maka wrote:
obiero wrote:
the main problem is that the CEO came to media with a claim that layoffs would start by May 3rd. the mgt were then held hostage by a counter strike. if I were the CEO I wld execute the rightsizing. call their bluff and see how the chips fall or the dice rolls. life is a gamble


Maybe he should do this bro....noma



@maka, What is the correct position, Is Ngunze exiting by July???


Everybody thought he was a softie...amekaa ngumu kama Gumo but I dont think he can survive another strike...He will leave if one happens.


I love this Singapore guy. It's hard for nguze to speak Like him because nguze was an insider before he became ceo.jobs Like that need an outside .you don't make changes from within but you have to be outside to see places to be changed.
VituVingiSana
#4400 Posted : Thursday, June 09, 2016 5:11:05 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,298
Location: Nairobi
If I had the power... I would let Singapore run Kenya for a decade!
Lee Kuan Yew was THE MAN
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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