Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Sunday, Apr 11, 2021
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Why dustbowl is the future [755]
International Brokers - Available in Kenya for Ken... [11]
Bamburi Cement 2019 [84]
Mumias Sugar huge demand [2871]
Uchumi - A value play? [557]
KCB buy buy buy [1356]
FIRE - Financial Independence, Retire Early [23]
Kenya Airways...why ignore.. [15181]
Kenya Power HY 2019 [422]
DogeCoin: Does it have a future? [13]
Treasury Bills and Bonds [1464]
BOC Gases FY19 [4]
Centum 2019/2020 [139]
TOTAL KENYA FY 2020 [2]
411 on dividend and AGM [1015]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

760 Pages«<757758759760>
Kenya Airways...why ignore..
maka
#15161 Posted : Thursday, March 25, 2021 4:08:38 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi


possunt quia posse videntur
Impunity
#15162 Posted : Thursday, March 25, 2021 10:04:24 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,299
Location: Masada
Queen wrote:
C.A.R.C.A.S.S

Laughing out loudly Laughing out loudly Laughing out loudly

Wapi vultures?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

maka
#15163 Posted : Friday, March 26, 2021 5:41:05 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?
possunt quia posse videntur
maka
#15164 Posted : Friday, March 26, 2021 5:58:27 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.
possunt quia posse videntur
maka
#15165 Posted : Friday, March 26, 2021 8:40:39 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....
possunt quia posse videntur
Impunity
#15166 Posted : Friday, March 26, 2021 10:01:12 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,299
Location: Masada
maka wrote:
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....


Did you quit by taking the VEP or you are still hanging in there like the pilots?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

kmucheke
#15167 Posted : Friday, March 26, 2021 10:15:40 PM
Rank: Member


Joined: 3/16/2019
Posts: 240
Ericsson
#15168 Posted : Friday, March 26, 2021 11:53:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,521
Location: NAIROBI


Shut that useless airline,use the $500mn to buy vaccines and vaccinate the population.
The balance of the money use for safety net for the most affected persons.

We can operate using Jambo Jet and grow it slowly and correctly to become a big airline.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
ArrestedDev
#15169 Posted : Monday, March 29, 2021 3:44:35 AM
Rank: Member


Joined: 5/29/2016
Posts: 879
Location: Nairobi
maka wrote:
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....


Management is the issue. I said this herein. Allan is holding brief for the cartels. He is not independent minded.

Why did KQ miss out on vaccine distribution in the first instance yet they can fly to any point in Africa from Nairobi. How did Astral Aviation got selected in Kenya instead of KQ?

Conversion of the dreamliners for cargo use - Why was it done at the last minutes at exorbitant rates yet opportunities for Cargo arose when the pandemic began in March 2020.

Staff issues - I raised herein that Allan was buying time reducing salaries and demotivating top managers who can do planning for Cargo instead of getting rid of employees not required. All other airlines shed jobs all over the world. KALPA could not have done anything to prevent it, the reality across the sector showed there was no need to keep employees on the payroll.

There is no leadership in KQ at all.B737 with better cargo capacity and range were parked yet there were opportunities for Cargo. Instead of utilising the dreamliners as it is, they went ahead and incurred massive conversion costs at a very late stage.

Scaled down ops into Europe & N. America and a single route to China means no intra-Africa traffic in terms of both pax and cargo.

This is why they need a huge bailout to pay for aircraft leases, loan repayments, salaries and other useless contractual obligations they have signed for.

Naikuni made mistakes and looted but we cannot blame him for some of the current decisions especially during this pandemic. There were alot of opportunities for Allan to build the cargo business and make sure pilots are flying. Spicejet in India for instance, leased A340 for Cargo during the pandemic and served Khartoum, a destination which KQ can serve very well by expanding cargo points in India.
Ericsson
#15170 Posted : Monday, March 29, 2021 7:43:49 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,521
Location: NAIROBI
ArrestedDev wrote:
maka wrote:
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....


Management is the issue. I said this herein. Allan is holding brief for the cartels. He is not independent minded.

Why did KQ miss out on vaccine distribution in the first instance yet they can fly to any point in Africa from Nairobi. How did Astral Aviation got selected in Kenya instead of KQ?

Conversion of the dreamliners for cargo use - Why was it done at the last minutes at exorbitant rates yet opportunities for Cargo arose when the pandemic began in March 2020.

Staff issues - I raised herein that Allan was buying time reducing salaries and demotivating top managers who can do planning for Cargo instead of getting rid of employees not required. All other airlines shed jobs all over the world. KALPA could not have done anything to prevent it, the reality across the sector showed there was no need to keep employees on the payroll.

There is no leadership in KQ at all.B737 with better cargo capacity and range were parked yet there were opportunities for Cargo. Instead of utilising the dreamliners as it is, they went ahead and incurred massive conversion costs at a very late stage.

Scaled down ops into Europe & N. America and a single route to China means no intra-Africa traffic in terms of both pax and cargo.

This is why they need a huge bailout to pay for aircraft leases, loan repayments, salaries and other useless contractual obligations they have signed for.

Naikuni made mistakes and looted but we cannot blame him for some of the current decisions especially during this pandemic. There were alot of opportunities for Allan to build the cargo business and make sure pilots are flying. Spicejet in India for instance, leased A340 for Cargo during the pandemic and served Khartoum, a destination which KQ can serve very well by expanding cargo points in India.


What about the chairman, what's his influence
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#15171 Posted : Tuesday, March 30, 2021 7:14:08 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,436
Location: Nairobi
Kenya Airways isn’t worth bailing out
https://www.businessdail...rth-bailing-out-3341140
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
maka
#15172 Posted : Tuesday, March 30, 2021 12:42:21 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi
VituVingiSana wrote:
Kenya Airways isn’t worth bailing out
https://www.businessdail...rth-bailing-out-3341140



Si hawa watu wanachosha...

https://www.google.com/a...--3341252%3fview=htmlamp
possunt quia posse videntur
maka
#15173 Posted : Tuesday, March 30, 2021 12:53:51 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi
ArrestedDev wrote:
maka wrote:
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....


Management is the issue. I said this herein. Allan is holding brief for the cartels. He is not independent minded.

Why did KQ miss out on vaccine distribution in the first instance yet they can fly to any point in Africa from Nairobi. How did Astral Aviation got selected in Kenya instead of KQ?

Conversion of the dreamliners for cargo use - Why was it done at the last minutes at exorbitant rates yet opportunities for Cargo arose when the pandemic began in March 2020.

Staff issues - I raised herein that Allan was buying time reducing salaries and demotivating top managers who can do planning for Cargo instead of getting rid of employees not required. All other airlines shed jobs all over the world. KALPA could not have done anything to prevent it, the reality across the sector showed there was no need to keep employees on the payroll.

There is no leadership in KQ at all.B737 with better cargo capacity and range were parked yet there were opportunities for Cargo. Instead of utilising the dreamliners as it is, they went ahead and incurred massive conversion costs at a very late stage.

Scaled down ops into Europe & N. America and a single route to China means no intra-Africa traffic in terms of both pax and cargo.

This is why they need a huge bailout to pay for aircraft leases, loan repayments, salaries and other useless contractual obligations they have signed for.

Naikuni made mistakes and looted but we cannot blame him for some of the current decisions especially during this pandemic. There were alot of opportunities for Allan to build the cargo business and make sure pilots are flying. Spicejet in India for instance, leased A340 for Cargo during the pandemic and served Khartoum, a destination which KQ can serve very well by expanding cargo points in India.


https://simpleflying.com...twitter_impression=true

possunt quia posse videntur
ArrestedDev
#15174 Posted : Tuesday, March 30, 2021 1:13:47 PM
Rank: Member


Joined: 5/29/2016
Posts: 879
Location: Nairobi
maka wrote:
ArrestedDev wrote:
maka wrote:
maka wrote:
maka wrote:



We need to be a bit serious TBH... You have sent home almost 1300 employees in the past year... Salaries are down between 10-30% PM... Some stations have been completely closed zero expenses.... Scaled down on major routes... What is the 55 Bn for?


Just look at today's BD headline if you can go ahead and read the story.... Pilots aren't flying but are being paid lots of cash.... How fair is this TBH... Other airlines have completely sacked their pilots... TN made KALPA super strong so that he can continue with the looting he was perpetrating.... This is so unfair.



I can rant about this the whole day.... Only 2 pilots took VEP... 2.... Now you see the reason why? Why the hell would you take VEP if you still get to earn a massive 6 or 7 figure salary and fly less hours ... Allan promised to pay deffered amounts one year down the line most of the pilots are expecting a few millions.... The cut off for 30% pay is 251,000 at this level you get hit the same amount as someone earning 1m....


Management is the issue. I said this herein. Allan is holding brief for the cartels. He is not independent minded.

Why did KQ miss out on vaccine distribution in the first instance yet they can fly to any point in Africa from Nairobi. How did Astral Aviation got selected in Kenya instead of KQ?

Conversion of the dreamliners for cargo use - Why was it done at the last minutes at exorbitant rates yet opportunities for Cargo arose when the pandemic began in March 2020.

Staff issues - I raised herein that Allan was buying time reducing salaries and demotivating top managers who can do planning for Cargo instead of getting rid of employees not required. All other airlines shed jobs all over the world. KALPA could not have done anything to prevent it, the reality across the sector showed there was no need to keep employees on the payroll.

There is no leadership in KQ at all.B737 with better cargo capacity and range were parked yet there were opportunities for Cargo. Instead of utilising the dreamliners as it is, they went ahead and incurred massive conversion costs at a very late stage.

Scaled down ops into Europe & N. America and a single route to China means no intra-Africa traffic in terms of both pax and cargo.

This is why they need a huge bailout to pay for aircraft leases, loan repayments, salaries and other useless contractual obligations they have signed for.

Naikuni made mistakes and looted but we cannot blame him for some of the current decisions especially during this pandemic. There were alot of opportunities for Allan to build the cargo business and make sure pilots are flying. Spicejet in India for instance, leased A340 for Cargo during the pandemic and served Khartoum, a destination which KQ can serve very well by expanding cargo points in India.


https://simpleflying.com...twitter_impression=true



Yeah, there was no need to remove seats and too much PR at a huge cost. Put the boxes on the seats just like ET. Ex-JJ 737-300 - fully owned by KQ - should have been converted instead of being leased out and used to ramp up Cargo Ops.

Until someone with leadership is at the helm of that Company, there is nothing good that will come out of it.

I pointed out the underlying issues herein.
HaMaina
#15175 Posted : Tuesday, March 30, 2021 3:37:30 PM
Rank: Member


Joined: 4/23/2014
Posts: 807
I think there is a scam going on here. Where was the government's story of insolvency three months, or 6 months ago? Has the government or KQ just suddenly realized they are insolvent in the past 4 weeks? Why has it become such big news to highlight the plight of KQ and the required 50 billion. Didn't the last audit point out the high debt requirement due to lack of flights and high operating costs. I still believe there are vultures, marabou stalks and many other scavengers in government offering the public scary information so that they can scramble for a helpless KQ when its on the ground. uhuru/ruto and their government should be ashamed of themselves. Shame on you Shame on you Shame on you Shame on you Shame on you Shame on you
“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
HaMaina
#15176 Posted : Tuesday, March 30, 2021 3:44:21 PM
Rank: Member


Joined: 4/23/2014
Posts: 807
KQ withholds pilots pay in salary cuts standoff
“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
maka
#15177 Posted : Wednesday, March 31, 2021 10:29:34 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,404
Location: Nairobi


possunt quia posse videntur
sqft
#15178 Posted : Tuesday, April 06, 2021 12:36:29 PM
Rank: Veteran


Joined: 1/10/2015
Posts: 959
Location: Kenya
maka wrote:
The first few months of the year already don't look promising ... Massive shrinkage of service on major routes ... Amsterdam, Paris and London... Doesn't look good at all.... On top that add the increase in fuel prices.... Disastrous.


When it rains it pours.


Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
HaMaina
#15179 Posted : Wednesday, April 07, 2021 2:42:04 PM
Rank: Member


Joined: 4/23/2014
Posts: 807
London air fares jump five times on Kenya travel ban
sqft wrote:
maka wrote:
The first few months of the year already don't look promising ... Massive shrinkage of service on major routes ... Amsterdam, Paris and London... Doesn't look good at all.... On top that add the increase in fuel prices.... Disastrous.


When it rains it pours.



“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
HaMaina
#15180 Posted : Thursday, April 08, 2021 12:21:11 PM
Rank: Member


Joined: 4/23/2014
Posts: 807
Kenya Airways shares suspension extended for nine months
“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
Users browsing this topic
Guest (8)
760 Pages«<757758759760>
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.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2021 Wazua.co.ke. All Rights Reserved.