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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad. KQ will recover. It's only a matter of when
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad. Mimi when I tell you guys ...You dont believe me...High likelihood that Sebastian wont renew his contract he has failed big time... possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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A kenyan can be sourced and at a cheaper package and he will do a wonderful job Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job that will be the final nail in the coffin
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad. Mimi when I tell you guys ...You dont believe me...High likelihood that Sebastian wont renew his contract he has failed big time... @maka, I believe you. He is on his way out with his bogus consultants.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job Really? Which Kenyan CEO is doing an amazing job at a parastatal? Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad. KQ will recover. It's only a matter of when Recover without strategies? It cannot happen at all. If Mikosz is making the same mistakes that Naikuni made then what do you expect? The KAWU officials through their press release though it was shallow conveyed the message. People without the necessary experience are being appointed to hold very critical roles. A bunch of useless KLM rejects are being paid millions for doing nothing. Bogus polish consulants are drawing millions for just duplicating roles being held by other KQ staff.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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KulaRaha wrote:Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job Really? Which Kenyan CEO is doing an amazing job at a parastatal? The best guy for the job as I always say(said) was Yves... The cartels pushed him out... He was around the other day and said he should be back... possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Fleet rationalization refers to optimization, choosing the best routes with highest RASK, not reduction. The alleged war between the board chair and CEO is a social media creation. They are both after JKIA, jointly Fleet rationalisation and route optimisation are two different things. There is nothing like media creation. Mikosz is very clearly that he doesn’t know a way out to pull KQ out of the mess it is in. MJ reiterates that recovery will be very slow. Mikosz doesn’t know how to hide it. He has seen the 2018 results. The state of the financial affairs is very bad. KQ will recover. It's only a matter of when Amen, even us Christians are waiting for Jesus to come back again. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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maka wrote:KulaRaha wrote:Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job Really? Which Kenyan CEO is doing an amazing job at a parastatal? The best guy for the job as I always say(said) was Yves... The cartels pushed him out... He was around the other day and said he should be back... Why depend on one man.. What makes you think KALPA will welcome him with open arms. The debate has now turned racist and Kenyans appear to want a black CEO, like Bob Collymore 😁
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:maka wrote:KulaRaha wrote:Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job Really? Which Kenyan CEO is doing an amazing job at a parastatal? The best guy for the job as I always say(said) was Yves... The cartels pushed him out... He was around the other day and said he should be back... Why depend on one man.. What makes you think KALPA will welcome him with open arms. The debate has now turned racist and Kenyans appear to want a black CEO, like Bob Collymore 😁 Sebastian was never the right person for the job nothing with him being white.... He has brought zero input...Just eating a lot and wasting our cash.... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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maka wrote:obiero wrote:maka wrote:KulaRaha wrote:Ericsson wrote:A kenyan can be sourced and at a cheaper package and he will do a wonderful job Really? Which Kenyan CEO is doing an amazing job at a parastatal? The best guy for the job as I always say(said) was Yves... The cartels pushed him out... He was around the other day and said he should be back... Why depend on one man.. What makes you think KALPA will welcome him with open arms. The debate has now turned racist and Kenyans appear to want a black CEO, like Bob Collymore 😁 Sebastian was never the right person for the job nothing with him being white.... He has brought zero input...Just eating a lot and wasting our cash.... All I want is for KQ to thrive. I will be OK if you even settle for the watchman at Lokichoggio to be his successor
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I am not a sharehoder of KQ but would like to comment about the PPP document posted by @Obiero. On page 6. of the document there are two graphs. One showing competition by other airlines for KQ at Nairobi hub(JKIA) and another showing competition for Ethiopian in Addis. The KQ graph on the left shows a steep rise in competition circa 2015-2016. I suspect the cause of this sharp rise in competition was a government policy to open airspace(reference needed). If this is the cause then government can write another policy revoking the other policy. On page 8,of the document they list one of the benefits of the SPV as infrastructure upgrade. They further talk of runway efficiency without building a second runway. They also talk about building terminal 1E permanently and upgrading other terminals etc in page 10. The question is,..... is the government/KAA/ministry of transport not able to build infrastructure? Who has been running JKIA if not GoK/KAA? So if JKIA is fully owned by GOK and Bole in Addis is fully owned by govt. of Ethiopia, why do we need SPV when government and MPs can write policy/legislation to ensure all operations at JKIA are consolidated and airspace is skewed towards KQ's favour?Do we need SPV for this? Where is the SPV going to get money to build terminals, runway and buy 20 planes?Is it going to be our taxes since the document states that the reasons Ethiopian, Rwandair and Air Tanzania are competing well is because their own hubs are owned by their governments/tax payers/wananinchi. Is this document telling Kenyans that KQ proposes that government of Kenya takes over JKIA, buys out all shares of KQ so as KQ becomes 100% govt. owned like Air Tanzania?Do we need SPV to achieve this? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Fyatu wrote:I am not a sharehoder of KQ but would like to comment about the PPP document posted by @Obiero.
On page 6. of the document there are two graphs. One showing competition by other airlines for KQ at Nairobi hub(JKIA) and another showing competition for Ethiopian in Addis. The KQ graph on the left shows a steep rise in competition circa 2015-2016. I suspect the cause of this sharp rise in competition was a government policy to open airspace(reference needed). If this is the cause then government can write another policy revoking the other policy.
On page 8,of the document they list one of the benefits of the SPV as infrastructure upgrade. They further talk of runway efficiency without building a second runway. They also talk about building terminal 1E permanently and upgrading other terminals etc in page 10.
The question is,.....
is the government/KAA/ministry of transport not able to build infrastructure?
Who has been running JKIA if not GoK/KAA?
So if JKIA is fully owned by GOK and Bole in Addis is fully owned by govt. of Ethiopia, why do we need SPV when government and MPs can write policy/legislation to ensure all operations at JKIA are consolidated and airspace is skewed towards KQ's favour?Do we need SPV for this?
Where is the SPV going to get money to build terminals, runway and buy 20 planes?Is it going to be our taxes since the document states that the reasons Ethiopian, Rwandair and Air Tanzania are competing well is because their own hubs are owned by their governments/tax payers/wananinchi.
Is this document telling Kenyans that KQ proposes that government of Kenya takes over JKIA, buys out all shares of KQ so as KQ becomes 100% govt. owned like Air Tanzania?Do we need SPV to achieve this? My questions also. Just the other day KQ was thumping its chest about new planes, new routes, rights issue, restructuring, selling land, starting shuttle, opening office at River Road, opening hotel etc Now they want to take over and mismanage JKIA. I reiterate, let KQ die. Another more innovative institution will arise therefrom just like Safaricom arose from Telkom. That institution might be Jambo Jet. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation Bottomline: My kiosk mtaani makes more profit in one day that KQ has made in 6 years Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Cancel NYC flights?  After all the drama we were subjected to?  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:ArrestedDev wrote:obiero wrote:nairobby wrote:[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote] I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure The cost structure was primarily laden with expensive debt. That line is now down 41% post restructuring. Fleet rationalization also hit at the expenses by 18%.. Overall the expense lines are under unrelenting attack hence union agitation What do you mean by saying fleet rationalisation hit the expenses by 18%. Fleet reduction is among the stupid decisions made during the restructuring being referred to by Mikosz in the recent press conference he held. MJ is being quoted saying the opposite of what Mikosz said. They are not reading from the same script. KQ recovery is far away. The reduction in services being mentioned by Mikosz includes terminating routes e.g. Newyork. Cancel NYC flights? After all the drama we were subjected to? Hard drugs.. NYC will not be pulled out
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Fyatu wrote:I am not a sharehoder of KQ but would like to comment about the PPP document posted by @Obiero.
On page 6. of the document there are two graphs. One showing competition by other airlines for KQ at Nairobi hub(JKIA) and another showing competition for Ethiopian in Addis. The KQ graph on the left shows a steep rise in competition circa 2015-2016. I suspect the cause of this sharp rise in competition was a government policy to open airspace(reference needed). If this is the cause then government can write another policy revoking the other policy.
On page 8,of the document they list one of the benefits of the SPV as infrastructure upgrade. They further talk of runway efficiency without building a second runway. They also talk about building terminal 1E permanently and upgrading other terminals etc in page 10.
The question is,.....
is the government/KAA/ministry of transport not able to build infrastructure?
Who has been running JKIA if not GoK/KAA?
So if JKIA is fully owned by GOK and Bole in Addis is fully owned by govt. of Ethiopia, why do we need SPV when government and MPs can write policy/legislation to ensure all operations at JKIA are consolidated and airspace is skewed towards KQ's favour?Do we need SPV for this?
Where is the SPV going to get money to build terminals, runway and buy 20 planes?Is it going to be our taxes since the document states that the reasons Ethiopian, Rwandair and Air Tanzania are competing well is because their own hubs are owned by their governments/tax payers/wananinchi.
Is this document telling Kenyans that KQ proposes that government of Kenya takes over JKIA, buys out all shares of KQ so as KQ becomes 100% govt. owned like Air Tanzania?Do we need SPV to achieve this? @Fyatu the only profitable airports in Kenya are Wilson and JKIA.. That's why KQ needs JKIA whose success is likely to spur other airports into profitability.. GoK doesn't have any more funds to throw at KAA or KQ, thus the SPV
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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