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Kenya Airways...why ignore..
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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alotoftalk wrote:ICPAK has lost the plot http://ntv.nation.co.ke/...4700-6q749pz/index.html
How is a adoption of bad business plan not a management failure and poor governance? Who takes the fall when KQ adopts a bad business plan. In my mind the senior management and board need to take the fall for such a blunder. Indeed, that guy is not speaking on behalf of ICPAK members, he should be asked to retract those statements. What is ailing KQ is mismanagement and corruption coupled with political interference common with former state owned enterprises. In order for an airline to prosper,high standard of service and controls must be there.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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ArrestedDev wrote:Swenani wrote:maka wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Let Ngunze take a final bow. The KALPA guys tasted the blood of Evanson, Mbugua, Avedi, Yves, Capt Mwangi, Mwendar all in a span of less than a year, now they are back for more. We shall offer them peace of mind by gracefully retiring Ngunze only. Awori must stay but not as Chairman So what post should @Awori retain? Board member.. This can be done without need for an extraordinary meeting Of what immense value is he to the KQ board? Former ambassador, key to bilateral air agreement formations. Also seats on Toyota Kenya hence sub lease negotiation for ground service He has nothing to offer KQ as a former ambassador. BASAs are government to government. Since he was elected as the board chair, which route has he negotiated for? He is just a sycophant of political class currently siphoning billions out of KQ to tax havens through SPVs. The truth be told. If he was a serious board chair with a commercial acumen, all those mentioned in the forensic audit preliminary reports should be immediately suspended including Ngunze. His appointment to the boards that he sits on was based on his government connections hence access to key govt. contracts by the likes of Toyota. Angola, Vietnam, Cape Town already done.. Chengdu, Chenai, Perth coming soon What will they fly huko?They dont have capacity... unless kites.  No serious expansion by KQ to be done any time soon. The delay in putting in place the right people is even messing up the future of the Airline. Ngunze auctioned the planes in the name of turnaround. No plane should have left the fleet, there is enough demand and only the root cause of low uptake of passengers by KQ should have been addressed e.g. pricing including ticketing malpractices by staff and travel agents as identified in the forensic report, poor customer service, etc. Angola was done long before he joined the board. Which means all these actions of selling landing slot at Heathrow airport, Embakasi prime land, selling planes and leasing pilots were motivated by malice or poor business strategy aka priority. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:ArrestedDev wrote:Swenani wrote:maka wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Let Ngunze take a final bow. The KALPA guys tasted the blood of Evanson, Mbugua, Avedi, Yves, Capt Mwangi, Mwendar all in a span of less than a year, now they are back for more. We shall offer them peace of mind by gracefully retiring Ngunze only. Awori must stay but not as Chairman So what post should @Awori retain? Board member.. This can be done without need for an extraordinary meeting Of what immense value is he to the KQ board? Former ambassador, key to bilateral air agreement formations. Also seats on Toyota Kenya hence sub lease negotiation for ground service He has nothing to offer KQ as a former ambassador. BASAs are government to government. Since he was elected as the board chair, which route has he negotiated for? He is just a sycophant of political class currently siphoning billions out of KQ to tax havens through SPVs. The truth be told. If he was a serious board chair with a commercial acumen, all those mentioned in the forensic audit preliminary reports should be immediately suspended including Ngunze. His appointment to the boards that he sits on was based on his government connections hence access to key govt. contracts by the likes of Toyota. Angola, Vietnam, Cape Town already done.. Chengdu, Chenai, Perth coming soon What will they fly huko?They dont have capacity... unless kites. No serious expansion by KQ to be done any time soon. The delay in putting in place the right people is even messing up the future of the Airline. Ngunze auctioned the planes in the name of turnaround. No plane should have left the fleet, there is enough demand and only the root cause of low uptake of passengers by KQ should have been addressed e.g. pricing including ticketing malpractices by staff and travel agents as identified in the forensic report, poor customer service, etc. Angola was done long before he joined the board. Which means all these actions of selling landing slot at Heathrow airport, Embakasi prime land, selling planes and leasing pilots were motivated by malice or poor business strategy aka priority. Exactly, all those decisions were made without the necessary due care, diligence and interest of the Company. The level of deliberations on key business decisions among the top management of KQ is totally absurd to say the least. Look at the Mckinsey contract executed by Alex and Ngunze for instance, if they did not receive kickbacks then what can you call it? Total incompetence.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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ArrestedDev wrote:Spikes wrote:ArrestedDev wrote:Swenani wrote:maka wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Let Ngunze take a final bow. The KALPA guys tasted the blood of Evanson, Mbugua, Avedi, Yves, Capt Mwangi, Mwendar all in a span of less than a year, now they are back for more. We shall offer them peace of mind by gracefully retiring Ngunze only. Awori must stay but not as Chairman So what post should @Awori retain? Board member.. This can be done without need for an extraordinary meeting Of what immense value is he to the KQ board? Former ambassador, key to bilateral air agreement formations. Also seats on Toyota Kenya hence sub lease negotiation for ground service He has nothing to offer KQ as a former ambassador. BASAs are government to government. Since he was elected as the board chair, which route has he negotiated for? He is just a sycophant of political class currently siphoning billions out of KQ to tax havens through SPVs. The truth be told. If he was a serious board chair with a commercial acumen, all those mentioned in the forensic audit preliminary reports should be immediately suspended including Ngunze. His appointment to the boards that he sits on was based on his government connections hence access to key govt. contracts by the likes of Toyota. Angola, Vietnam, Cape Town already done.. Chengdu, Chenai, Perth coming soon What will they fly huko?They dont have capacity... unless kites. No serious expansion by KQ to be done any time soon. The delay in putting in place the right people is even messing up the future of the Airline. Ngunze auctioned the planes in the name of turnaround. No plane should have left the fleet, there is enough demand and only the root cause of low uptake of passengers by KQ should have been addressed e.g. pricing including ticketing malpractices by staff and travel agents as identified in the forensic report, poor customer service, etc. Angola was done long before he joined the board. Which means all these actions of selling landing slot at Heathrow airport, Embakasi prime land, selling planes and leasing pilots were motivated by malice or poor business strategy aka priority. Exactly, all those decisions were made without the necessary due care, diligence and interest of the Company. The level of deliberations on key business decisions among the top management of KQ is totally absurd to say the least. Look at the Mckinsey contract executed by Alex and Ngunze for instance, if they did not receive kickbacks then what can you call it? Total incompetence. If that is the case and of course it is, this airline is left exposed to sinking deeper and deeper into perennial debts and losses. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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Where's the Defender-In-Chief? The PR Guru? Or are the free flights and upgrades no more? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:Where's the Defender-In-Chief?
The PR Guru?
Or are the free flights and upgrades no more? He has disappeared into the woods! Waiting the dust to settle. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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Spikes wrote:ArrestedDev wrote:Spikes wrote:ArrestedDev wrote:Swenani wrote:maka wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Let Ngunze take a final bow. The KALPA guys tasted the blood of Evanson, Mbugua, Avedi, Yves, Capt Mwangi, Mwendar all in a span of less than a year, now they are back for more. We shall offer them peace of mind by gracefully retiring Ngunze only. Awori must stay but not as Chairman So what post should @Awori retain? Board member.. This can be done without need for an extraordinary meeting Of what immense value is he to the KQ board? Former ambassador, key to bilateral air agreement formations. Also seats on Toyota Kenya hence sub lease negotiation for ground service He has nothing to offer KQ as a former ambassador. BASAs are government to government. Since he was elected as the board chair, which route has he negotiated for? He is just a sycophant of political class currently siphoning billions out of KQ to tax havens through SPVs. The truth be told. If he was a serious board chair with a commercial acumen, all those mentioned in the forensic audit preliminary reports should be immediately suspended including Ngunze. His appointment to the boards that he sits on was based on his government connections hence access to key govt. contracts by the likes of Toyota. Angola, Vietnam, Cape Town already done.. Chengdu, Chenai, Perth coming soon What will they fly huko?They dont have capacity... unless kites. No serious expansion by KQ to be done any time soon. The delay in putting in place the right people is even messing up the future of the Airline. Ngunze auctioned the planes in the name of turnaround. No plane should have left the fleet, there is enough demand and only the root cause of low uptake of passengers by KQ should have been addressed e.g. pricing including ticketing malpractices by staff and travel agents as identified in the forensic report, poor customer service, etc. Angola was done long before he joined the board. Which means all these actions of selling landing slot at Heathrow airport, Embakasi prime land, selling planes and leasing pilots were motivated by malice or poor business strategy aka priority. Exactly, all those decisions were made without the necessary due care, diligence and interest of the Company. The level of deliberations on key business decisions among the top management of KQ is totally absurd to say the least. Look at the Mckinsey contract executed by Alex and Ngunze for instance, if they did not receive kickbacks then what can you call it? Total incompetence. If that is the case and of course it is, this airline is left exposed to sinking deeper and deeper into perennial debts and losses. You irritate me soo much.. Wait for the half year
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: 4/22/2010 Posts: 11,522 Location: Nairobi
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@Obiero don't get irritated... possunt quia posse videntur
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Rank: Member Joined: 10/6/2009 Posts: 587
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maka wrote:@Obiero don't get irritated... Being in Flight No KQ 616K is no joke with so much turbulence. 
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Rank: Member Joined: 6/25/2009 Posts: 41
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Irritation is no panacea.Numbers can neither be cooked nor do they lie
Churchill once averred: the truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is....
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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Jibabe wrote:Irritation is no panacea.Numbers can neither be cooked nor do they lie
Churchill once averred: the truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.... @jibabe @maka this guy keeps bashing KQ with no facts.. Even with the strike threat, the share remains at KES 4.30.. The turnaround is finally here
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 7/1/2014 Posts: 917 Location: sky
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http://www.businessdailyafrica.com/Corporate-News/KQ-announces-58pc-drop-in-net-loss-amidst-strike-threat/539550-3415040-7hgn5f/index.htmlNational carrier Kenya Airways has announced that its net loss for the six months to September stands at Sh5 billion, a 58.3 per cent improvement from the Sh12 billion that the airline reported in a similar period last year. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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What about next financial year when there will be no assets to sell? It is not yet turnaround! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:What about next financial year when there will be no assets to sell? It is not yet turnaround! Why the results so early? Ngunze is digging in so that he stay put? The pilots should not give in.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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ArrestedDev wrote:Spikes wrote:What about next financial year when there will be no assets to sell? It is not yet turnaround! Why the results so early? Ngunze is digging in so that he stay put? The pilots should not give in. Why @obiero is waiting for the 27-Oct for the GRAND announcement, we the public already has it!  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:Spikes wrote:What about next financial year when there will be no assets to sell? It is not yet turnaround! Why the results so early? Ngunze is digging in so that he stay put? The pilots should not give in. This guy is hiding something big...I have never seen an individual kaa ngumu like this... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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ArrestedDev wrote:Spikes wrote:What about next financial year when there will be no assets to sell? It is not yet turnaround! Why the results so early? Ngunze is digging in so that he stay put? The pilots should not give in. This is like lovemaking, anytime is allowed after mutual consent. @impunity @vvs surely msikae wajinga mobile ya watu, I released the results 3 weeks ago 
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: 4/22/2010 Posts: 11,522 Location: Nairobi
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From D- to D+ possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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I give it a B-
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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