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KQ Retrenchment
hisah
#51 Posted : Saturday, September 08, 2012 6:57:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Lufthansa workers strike affects 50% of business. I thot things were rosy at bundesland...


www.spiegel.de/internati...in-germany-a-854485.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#52 Posted : Saturday, September 08, 2012 7:48:31 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Lufthansa workers strike affects 50% of business. I thot things were rosy at bundesland...


www.spiegel.de/internati...in-germany-a-854485.html


The cancer is everywhere;

American Eagle, the regional-flying sister of American Airlines, is seeking to throw out labor contracts with mechanics and other ground workers.

Flight attendants overwhelmingly approved a new contract.

The company asked a federal bankruptcy judge on Friday to let it cancel contracts covering mechanics, dispatchers and ground school instructors.
"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
.
hisah
#53 Posted : Monday, September 10, 2012 7:42:08 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
British Airways expands African route network - http://www.ukzambians.co...-african-route-network/

Biting into KQ's turf...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#54 Posted : Monday, September 10, 2012 7:47:10 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
British Airways expands African route network - http://www.ukzambians.co...-african-route-network/

Biting into KQ's turf...


This delay of planes is really costing them.
"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
.
Impunity
#55 Posted : Monday, September 10, 2012 7:54:36 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
murchr wrote:
hisah wrote:
British Airways expands African route network - http://www.ukzambians.co...-african-route-network/

Biting into KQ's turf...


This delay of planes is really costing them.


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

hisah
#56 Posted : Monday, September 10, 2012 7:57:04 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Japan Airlines Initial Share Sale Priced at Top of Range - http://www.bloomberg.com...of-range-cnbc-says.html

Japan Airlines is returning to the market to offload shares in an IPO after a round-trip into bankruptcy and back to life...

A bit out of the way but still on bankruptcy issues, AIG share sale to net US Treasury $18 billion. Yep, selling to suckers!

http://www.bbc.co.uk/news/business-19541149

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#57 Posted : Monday, September 10, 2012 8:15:45 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Impunity wrote:
murchr wrote:
hisah wrote:
British Airways expands African route network - http://www.ukzambians.co...-african-route-network/

Biting into KQ's turf...


This delay of planes is really costing them.


Which planes?


787's
"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
.
Impunity
#58 Posted : Tuesday, September 11, 2012 10:43:12 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
murchr wrote:
Impunity wrote:
murchr wrote:
hisah wrote:
British Airways expands African route network - http://www.ukzambians.co...-african-route-network/

Biting into KQ's turf...


This delay of planes is really costing them.


Which planes?


787's


Please explain how the delay in 787s is costing them.
Give factual figures where possible.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Behemoth
#59 Posted : Tuesday, September 11, 2012 12:37:01 PM
Rank: Member

Joined: 8/7/2012
Posts: 180
mkeiyd wrote:
quicksand wrote:
Kq pilots are not being outsourced. For now. KALPA has a standing agreement with Kq which prevents this. And also foreign pilots have to convert to a kenyan CPL. But the day is coming ...and soon when KQ will mow down the agreement with KALPA ...its just a matter of time.
Pilots out there are a frustrated lot, with global aviation still being bleak, there are pilots who will do anything to keep flying, keep the hours up and licences current, that means they will take rock bottom wages. This is how management of airlines treat crew. The net is full of sob stories ..BA, Qantas, Ryanair, American Airlines ...etc etc ...Aviation is a rude business. And Naikuni is just getting started. You can take that to the bank.


I think everybody is frustrated and not just the pilots.They've used to smooth sailing but what they might be beginning to experience ain't something new to the other careers.
KQ has been training its pilots,sending them to SA, Ethiopia and UK for training,all expenses footed by the airline. Aren't such pilots safe from the axe?
KQ ain't the gov't, just to be employing people without considering their economic value.
If one can be retrenched, they are not that worth to the entity.
The rude side of capitalism.


@ mkeiyd - KQ used to pay 100% but nowadays u get the pilots repay back their training cost fully.
Eagles don't flock, you have to find them one at a time.
StatMeister
#60 Posted : Tuesday, September 11, 2012 3:24:42 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
I still have this feeling KQ will report a loss for H1 - why the urgency to restructure their staffing, although they are growing?
A bad day fishing is better than a good day at work
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