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Spikes		#5901 Posted : Thursday, October 06, 2016 6:53:38 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		http://www.standardmedia...awed-jet-fuel-purchases This thing called KQ is dead. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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maka		#5902 Posted : Thursday, October 06, 2016 8:18:52 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Spikes wrote: http://www.standardmedia.co.ke/mobile/article/2000218594/how-kenya-airways-ignored-its-auditors-and-lost-billions-in-flawed-jet-fuel-purchases This thing called KQ is dead. Guys have eaten proper....it's so sad. possunt quia posse videntur
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VituVingiSana		#5903 Posted : Thursday, October 06, 2016 8:35:21 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,391 Location: Nairobi		Spikes wrote: http://www.standardmedia.co.ke/mobile/article/2000218594/how-kenya-airways-ignored-its-auditors-and-lost-billions-in-flawed-jet-fuel-purchases This thing called KQ is dead. Why state the obvious said a politician back in the day... then jomo detained him. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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HaMaina		#5904 Posted : Thursday, October 06, 2016 9:56:50 AM
Rank: Veteran Joined: 4/23/2014 Posts: 932		The day KQ is termed as Dead, then I think we shall all have lost a vital part of our identity as Kenyans, and we can also just convert our currency,government, even ourselves to something else. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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VituVingiSana		#5905 Posted : Thursday, October 06, 2016 10:14:22 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,391 Location: Nairobi		HaMaina wrote: The day KQ is termed as Dead, then I think we shall all have lost a vital part of our identity as Kenyans, and we can also just convert our currency,government, even ourselves to something else. Nonsense. KQ's brand can continue under bankruptcy proceedings. There are many USA airlines eg United, American and Delta which "restructured" under "Chapter 11 Bankruptcy & Restructuring" and kept their name/brand. Some have done this more than once. Yes, KQ in its current format, is DEAD. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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ArrestedDev		#5906 Posted : Thursday, October 06, 2016 1:18:14 PM
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi		maka wrote: Spikes wrote: http://www.standardmedia.co.ke/mobile/article/2000218594/how-kenya-airways-ignored-its-auditors-and-lost-billions-in-flawed-jet-fuel-purchases This thing called KQ is dead. Guys have eaten proper....it's so sad. Do some of you here want to tell me Ngunze who runs this airline like his property did not know this was happening. Anyone saying Ngunze is clean going forward must be sharing the kickbacks with him. This guy is overseeing the rot in the airline instead of transformation. Several of these findings are still going on even now. All these individuals should be kicked out like yesterday with their multi billion consultant - MCKINSEY.
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Fyatu		#5907 Posted : Thursday, October 06, 2016 2:48:52 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,822 Location: Nakuru		10 years from today we might all be flying with this airline LINK Dumb money becomes dumb only when it listens to smart money
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obiero		#5908 Posted : Thursday, October 06, 2016 5:53:08 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,354 Location: nairobi		Fyatu wrote: 10 years from today we might all be flying with this airline LINK Shindwe. Meanwhile, today's closing AVP was KES 4.20.. If only the Ngunze detractors would keep quite here, we would already have touched KES 8 on the way to Qatar's buying offer of KES 17.. Three week rally continues COOP, IMH, KEGN, MTNU
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nzalela		#5909 Posted : Thursday, October 06, 2016 5:59:26 PM
Rank: New-farer Joined: 4/11/2016 Posts: 30 Location: Nairobi		The "people problem" in KQ is now starting to manifest itself, this time it is bigger than ever and has the potential to ground the airline quicker than the financial problems. Unfortunately senior management is turning a blind eye rather than coming up with solutions, is it arrogance or just plain negligence? Like i said before, the regulator will have to say something about the exit of engineers before year end. The pilot exits are getting worse by the day and the offers by other airlines keep getting better. Fastjet is replacing their airbus fleet with embraer 190's you can bet they will be hunting for ready made embraer pilots from KQ with ofcourse better pay. Why incur training costs when you can just copy paste. The most overlooked but important people the cabin crew (especially the contracted cheaper ones)have also been dealt a raw deal for the longest I am shocked they haven't yet made noise. I however foresee threats for industrial action from them before year end. The house of cards is crumbling down, without any intervention it is tick..tock...
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obiero		#5910 Posted : Thursday, October 06, 2016 6:04:16 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,354 Location: nairobi		nzalela wrote: The "people problem" in KQ is now starting to manifest itself, this time it is bigger than ever and has the potential to ground the airline quicker than the financial problems. Unfortunately senior management is turning a blind eye rather than coming up with solutions, is it arrogance or just plain negligence? Like i said before, the regulator will have to say something about the exit of engineers before year end. The pilot exits are getting worse by the day and the offers by other airlines keep getting better. Fastjet is replacing their airbus fleet with embraer 190's you can bet they will be hunting for ready made embraer pilots from KQ with ofcourse better pay. Why incur training costs when you can just copy paste. The most overlooked but important people the cabin crew (especially the contracted cheaper ones)have also been dealt a raw deal for the longest I am shocked they haven't yet made noise. I however foresee threats for industrial action from them before year end. The house of cards is crumbling down, without any intervention it is tick..tock... You may be right, but luckily KQ cannot be brought down by bloggers.. H1 shall be the litmus. Rise of the phoenix from dark ashes is finally here.. Someone who invested 3.3m in KQ just 20 days ago will today be counting 4.2m gross. My personal aim is not to revisit KES 126 per share.. Even KES 14 shall be good enough for my exit COOP, IMH, KEGN, MTNU
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