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KQ to strike again for the umpteenth time.
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Impunity
#1 Posted : Thursday, August 04, 2011 11:40:02 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Sad Sad Sad

Saddening situation for us chair holders!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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kiio
#2 Posted : Thursday, August 04, 2011 11:51:34 AM
Rank: New-farer


Joined: 6/22/2010
Posts: 17
Location: rbi
these is serious, can someone with inside information feed us because it seems these is a permanent gost for KQ.or is it a the price it is paying for having a strong workers union?
“Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game.” – Wolfgang Von Goethe .
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VituVingiSana
#3 Posted : Thursday, August 04, 2011 11:53:34 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
Fire all the pilots + crew + janitors.
Return the leased planes or re-lease them.
Cancel all new orders or 'sell' the orders.
Sell off the remaining planes.
Sell off the Properties.
Sell off Pride Center to a university.
Put all the cash in a bank account.
Settle all bills/creditors.
Fire the Management.
Send VVS a hefty dividend or capital 'payback' cheque.
The remainder of KQ can lease routes/rights to other airlines for an annual fee. Residual income.

I guarantee the net payment will be much higher than 33/-.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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McReggae
#4 Posted : Thursday, August 04, 2011 12:08:33 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
VVS are you the same person as coldtusker on twitter???

......kwani hii strike imekuwa wimbo wa kila mwaka jameni
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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StatMeister
#5 Posted : Thursday, August 04, 2011 12:30:05 PM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
VituVingiSana wrote:

Fire all the pilots + crew + janitors.
Return the leased planes or re-lease them.
Cancel all new orders or 'sell' the orders.
Sell off the remaining planes.
Sell off the Properties.
Sell off Pride Center to a university.
Put all the cash in a bank account.
Settle all bills/creditors.
Fire the Management.
Send VVS a hefty dividend or capital 'payback' cheque.
The remainder of KQ can lease routes/rights to other airlines for an annual fee. Residual income.

I guarantee the net payment will be much higher than 33/-.


Rather than distribute, they should re-brand to Pride Capital, buy out Centum & TC - lots more exciting
A bad day fishing is better than a good day at work
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KulaRaha
#6 Posted : Thursday, August 04, 2011 12:32:12 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
When is the strike....I change my travel plans!!
Business opportunities are like buses,there's always another one coming
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VituVingiSana
#7 Posted : Thursday, August 04, 2011 12:32:17 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
McReggae wrote:
VVS are you the same person as coldtusker on twitter???

......kwani hii strike imekuwa wimbo wa kila mwaka jameni
I got the idea from Twitter [Credit to the jamaa not me!]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#8 Posted : Thursday, August 04, 2011 12:46:35 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
!! ESOP !!
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keke2
#9 Posted : Thursday, August 04, 2011 2:24:53 PM
Rank: New-farer


Joined: 5/31/2011
Posts: 89
KulaRaha wrote:
When is the strike....I change my travel plans!!


@KR,strike or no strike KQ is a nightmare during the night n day..!It is a total mess..!I boarded one a week ago and felt like nimechukua mat ya KayoleSad from checking in to the hostess' I didnt see the pride
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youcan'tstopusnow
#10 Posted : Thursday, August 04, 2011 2:26:01 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
McReggae wrote:
VVS are you the same person as coldtusker on twitter???

......kwani hii strike imekuwa wimbo wa kila mwaka jameni
I got the idea from Twitter [Credit to the jamaa not me!]

Sad Sad Sad
GOD BLESS YOUR LIFE
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young
#11 Posted : Thursday, August 04, 2011 2:36:22 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,048
Location: Lagos, Nigeria

VVS works for KQ at wilson airportApplause
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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VituVingiSana
#12 Posted : Thursday, August 04, 2011 2:40:21 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
young wrote:

VVS works for KQ at wilson airportApplause
LOL... My friend, if I worked for KQ I would never have invested in it! ;-)
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#13 Posted : Thursday, August 04, 2011 2:48:30 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
!! ESOP !!
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Sufficiently Philanga....thropic
#14 Posted : Thursday, August 04, 2011 2:52:03 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Holding this share has got to be one of the scariest investments at the NSE. If you are not worrying about a plane crash somewhere in West Africa, u r worying about a possible strike by employees. And then other things, more recent like the ash cloud in Europe.
I boarded this plane in early 2006 at 100bob and landed safely at destination 133.
But boarding it again in 2010 at 47 seemed good until issues of strike, ash cloud and a depessed market which made me disembark at destination 45 prematurely!
I have since been flying Financials and Investmemt companies!
@SufficientlyP
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Impunity
#15 Posted : Thursday, August 04, 2011 4:36:13 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Something is clear.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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emmndi
#16 Posted : Thursday, August 04, 2011 6:50:47 PM
Rank: New-farer


Joined: 5/31/2011
Posts: 54
Clearly there is a problem with the pride of Africa! They need to sort out their mess!
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Pierce
#17 Posted : Friday, August 05, 2011 3:55:09 AM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
Such is the nature of airlines and their business. Most airlines escpecially European carriers are faced with strikes/strike threats almost consistently.

The issue here is that there is a real shortage of pilots/aeronautical engineers.

The ultimate solution for KQ/Kenya government is to DISBAND the unions escpecially KALPA.

This then means that the airline MUST stop operations for a few months, ask all employees to re-apply for their jobs and they be hired on contract basis.

Titus and Kibaki,decide!!
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Pierce
#18 Posted : Friday, August 05, 2011 3:58:53 AM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
young wrote:

VVS works for KQ at wilson airportApplause


I like.Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

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Impunity
#19 Posted : Friday, August 05, 2011 8:52:10 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Pierce wrote:
Such is the nature of airlines and their business. Most airlines escpecially European carriers are faced with strikes/strike threats almost consistently.

The issue here is that there is a real shortage of pilots/aeronautical engineers.

The ultimate solution for KQ/Kenya government is to DISBAND the unions escpecially KALPA.

This then means that the airline MUST stop operations for a few months, ask all employees to re-apply for their jobs and they be hired on contract basis.

Titus and Kibaki,decide!!


Shame on you Shame on you Shame on you
Has it evr been done in any company you know of?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mlennyma
#20 Posted : Friday, August 05, 2011 9:12:25 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Joining a trade union is a constitutional right and banning it is easily challegeable in court...kq makes a blunder to employ tycoons kids who are mostly lazy,indisplined and expect too much to match their parents standards,
"Don't let the fear of losing be greater than the excitement of winning."
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