Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
|
UpcomingPaperChaser wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons. 1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob. 2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots. So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies. That 20 Million is the employer part of the provident? So the other personal contribution is more or less 20 million. So each of the affected pilots could easily take home 40 million? Then why would a 55 year old pilot need to work again in the dangerous skies? at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life. Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings.......... I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest! But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are form 4 graduates. Very very true..........most of them are semi-illiterate with just a CPE or KCSE certificate...... Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee? If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
|
@maka, any new news today? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
|
Swenani wrote:
Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee?
@Swenani, be nice
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Impunity wrote:@maka, any new news today? Nothing bro...kumetulia atleast wanalipa madeni possunt quia posse videntur
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Swenani wrote:UpcomingPaperChaser wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons. 1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob. 2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots. So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies. That 20 Million is the employer part of the provident? So the other personal contribution is more or less 20 million. So each of the affected pilots could easily take home 40 million? Then why would a 55 year old pilot need to work again in the dangerous skies? at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life. Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings.......... I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest! But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are form 4 graduates. Very very true..........most of them are semi-illiterate with just a CPE or KCSE certificate...... Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee? Hahaha, the same guys hating on pilots wanted to be presidents and pilots at 5 yrs old. Now they are too learned to be pilots. Life is short. Live passionately.
|
|
|
Rank: Hello Joined: 2/2/2016 Posts: 3
|
sparkly wrote:Swenani wrote:UpcomingPaperChaser wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons. 1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob. 2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots. So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies. That 20 Million is the employer part of the provident? So the other personal contribution is more or less 20 million. So each of the affected pilots could easily take home 40 million? Then why would a 55 year old pilot need to work again in the dangerous skies? at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life. Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings.......... I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest! But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are form 4 graduates. Very very true..........most of them are semi-illiterate with just a CPE or KCSE certificate...... Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee? Hahaha, the same guys hating on pilots wanted to be presidents and pilots at 5 yrs old. Now they are too learned to be pilots. To sparkly "A Professor was traveling by boat. On his way he asked the sailor: “Do you know Biology, Ecology, Zoology, Geography, physiology? The sailor said no to all his questions. Professor: What the hell do you know on earth. You will die of illiteracy. After a while the boat started sinking. The Sailor asked the Professor, do you know swiminology & escapology from sharkology? The professor said no. Sailor: “Well, sharkology & crocodilogy will eat your assology, headology & you will dieology because of your mouthology" Everyone is too educated in their own ways.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio?
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
|
Noname investor wrote:sparkly wrote:Swenani wrote:UpcomingPaperChaser wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons. 1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob. 2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots. So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies. That 20 Million is the employer part of the provident? So the other personal contribution is more or less 20 million. So each of the affected pilots could easily take home 40 million? Then why would a 55 year old pilot need to work again in the dangerous skies? at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life. Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings.......... I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest! But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are form 4 graduates. Very very true..........most of them are semi-illiterate with just a CPE or KCSE certificate...... Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee? Hahaha, the same guys hating on pilots wanted to be presidents and pilots at 5 yrs old. Now they are too learned to be pilots. To sparkly "A Professor was traveling by boat. On his way he asked the sailor: “Do you know Biology, Ecology, Zoology, Geography, physiology? The sailor said no to all his questions. Professor: What the hell do you know on earth. You will die of illiteracy. After a while the boat started sinking. The Sailor asked the Professor, do you know swiminology & escapology from sharkology? The professor said no. Sailor: “Well, sharkology & crocodilogy will eat your assology, headology & you will dieology because of your mouthology" Everyone is too educated in their own ways. But everyone is not Literate. Why would an educated person call a literate pilot semi-illiterate unless of course you are an illiterate to not know that to become a pilot you need to know how to read and comprehend which means you should be literate to become a pilot If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
Form 4 education is sufficient.. Hio ingine ni vishasha! Doido
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
|
obiero wrote:Form 4 education is sufficient.. Hio ingine ni vishasha! Doido True. Also, you need not be an A student. Some pilot dude who was killed by thugs some years back had a C. His father was loaded. Paid for his training. But that doesn't make one illiterate. Reminds me of a fellow student when I was in Form 2. Many of us wanted to be pilots but the guy quipped; " Mimi sitaki kuwa pilot. Pilot ni kama chokoraa. Hana degree" I would do my best, despite this to pay for my child if theybopt to go that route.
|
|
|
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
|
UpcomingPaperChaser wrote:Impunity wrote:maka wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons. 1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob. 2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots. So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies. That 20 Million is the employer part of the provident? So the other personal contribution is more or less 20 million. So each of the affected pilots could easily take home 40 million? Then why would a 55 year old pilot need to work again in the dangerous skies? at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life. Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings.......... I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest! But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are form 4 graduates. ON point kabisa...that explains why a pilot earning 700k plus would go to wanandege for a salary advance month after month.... I am told those guys take home nets of KES. 700K but have nothing left 20 days after the pay day. While a graduate clerk taking home net of KES. 90K still have 40K remaining at the end of the month. Waat!!! 700k then after 3 weeks they are on advance? where do they get the time and energy for side dishes?but i think for them to have side dishes is so easy coz its very easy to lie wife that you are traveling to Stockholm for 4 days kumbe jamaa ako off ako Garden Estate na mpango wa kando!! but i dont blame them, with 700k, you can comfortably finance your family and tow side families without sweating!!!! A pilot told me that this poor management of funds is common with many. Guys changing cars every year. Ati lots of them upon receiving retirement notice beg kq to keep them for a few mo years wajipange. Yet in over 30years mtu hakujipanga
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio? Depends on how you look at it. The fools are buying, the greater fools are selling OR the other way round. Either way there is a fool involved.  Life is short. Live passionately.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio? Or the sellers are smart in bailing out. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
sparkly wrote:obiero wrote:3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio? Depends on how you look at it. The fools are buying, the greater fools are selling OR the other way round. Either way there is a fool involved. In a few weeks mbivu na mbichi itabainika. The bailout funds plus asset sales coupled with fuel savings will tilt the forecast. Meanwhile, Yves the COO has also been knifed in the buttocks. Asante ya punda kweli..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:sparkly wrote:obiero wrote:3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio? Depends on how you look at it. The fools are buying, the greater fools are selling OR the other way round. Either way there is a fool involved. In a few weeks mbivu na mbichi itabainika. The bailout funds plus asset sales coupled with fuel savings will tilt the forecast. Meanwhile, Yves the COO has also been knifed in the buttocks. Asante ya punda kweli.. You should help those trying to exit KQ by buying up their shares. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
|
obiero wrote:3,310,000 KQ shares traded today. If I am a fool with a mere 100k shares. Hawa wengine tuwaite wazimu, sindio? In Narok,one maasai sheep decided to cross the busy road at a corner,the whole flock followed "like sheep" and the lorry killed them all. But a few fearfull sheep remained on the other side and survived. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,979
|
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Veteran Joined: 4/23/2014 Posts: 903
|
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Lol decimation of the herd. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
Full year results expected release 30.06.2016
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|