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Kenya Airways...why ignore..
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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1 week strike notice.... possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:1 week strike notice.... Any fresh demands from the pilots, Ngunze still wanted out?????
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Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
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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...
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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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.
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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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
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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@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?
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Rank: Elder Joined: 6/23/2009 Posts: 14,069 Location: nairobi
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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
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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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.
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Rank: Elder Joined: 6/23/2009 Posts: 14,069 Location: nairobi
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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
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Rank: New-farer Joined: 4/11/2016 Posts: 30 Location: Nairobi
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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.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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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.”
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Rank: Member Joined: 10/14/2011 Posts: 661
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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….
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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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
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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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.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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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
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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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???
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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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
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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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.
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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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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