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Kenya Airways...why ignore..
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premio
#1511 Posted : Thursday, March 26, 2015 9:30:08 PM
Rank: Member

Joined: 5/31/2009
Posts: 226
The hearts and mind of flyers will not be worn by how big an airline is or how many hubs it has but the quality and comfort of passengers. KQ is on the right track with its shift to focus on guests confort while Et is trying to get big. KQ has invested heavily on training and procuring systems that will put it in the league of award winning carriers Asiana, Cathy pacific,Qatar who are certainly not the biggest airlines in the world. KQ on board service is unrivaled even by Ethiopian or SAA visit www.airlinequality.com and see its latest ratings soon they will be in a class of their own. Mbuvi is right KQ is in the service indurstry not manufacturing so employees will be key to service recovery not robots. FYI KQ fares to LONDON are higher than British Airways both operate the boeing 777 on the route both are the only carrriers flying direct but KQ always ahead of BA in passenger figures especialy now thats its flying the 787 bigger windows, less noise, mood lighting and 40%better air circulation
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obiero
#1512 Posted : Thursday, March 26, 2015 9:48:45 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
premio wrote:
The hearts and mind of flyers will not be worn by how big an airline is or how many hubs it has but the quality and comfort of passengers. KQ is on the right track with its shift to focus on guests confort while Et is trying to get big. KQ has invested heavily on training and procuring systems that will put it in the league of award winning carriers Asiana, Cathy pacific,Qatar who are certainly not the biggest airlines in the world. KQ on board service is unrivaled even by Ethiopian or SAA visit www.airlinequality.com and see its latest ratings soon they will be in a class of their own. Mbuvi is right KQ is in the service indurstry not manufacturing so employees will be key to service recovery not robots. FYI KQ fares to LONDON are higher than British Airways both operate the boeing 777 on the route both are the only carrriers flying direct but KQ always ahead of BA in passenger figures especialy now thats its flying the 787 bigger windows, less noise, mood lighting and 40%better air circulation

I couldnt have said it better
COOP, IMH, KEGN, KQ, MTNU
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dunkang
#1513 Posted : Friday, March 27, 2015 6:26:07 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mlennyma wrote:
This man admitting he is paying his workforce with debt money,how long can he do that??


Ati nini????? Too dangerous to be true!! Wapi Rinki??
Receive with simplicity everything that happens to you.” ― Rashi

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maka
#1514 Posted : Friday, March 27, 2015 12:49:56 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
dunkang wrote:
mlennyma wrote:
This man admitting he is paying his workforce with debt money,how long can he do that??


Ati nini????? Too dangerous to be true!! Wapi Rinki??

Who?
possunt quia posse videntur
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King G
#1515 Posted : Friday, March 27, 2015 1:54:04 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
maka wrote:
dunkang wrote:
mlennyma wrote:
This man admitting he is paying his workforce with debt money,how long can he do that??


Ati nini????? Too dangerous to be true!! Wapi Rinki??

Who?

KQ - Daily Nation today (27.03.2015) page 34.
Thieves
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KulaRaha
#1516 Posted : Friday, March 27, 2015 2:17:21 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
obiero wrote:
premio wrote:
The hearts and mind of flyers will not be worn by how big an airline is or how many hubs it has but the quality and comfort of passengers. KQ is on the right track with its shift to focus on guests confort while Et is trying to get big. KQ has invested heavily on training and procuring systems that will put it in the league of award winning carriers Asiana, Cathy pacific,Qatar who are certainly not the biggest airlines in the world. KQ on board service is unrivaled even by Ethiopian or SAA visit www.airlinequality.com and see its latest ratings soon they will be in a class of their own. Mbuvi is right KQ is in the service indurstry not manufacturing so employees will be key to service recovery not robots. FYI KQ fares to LONDON are higher than British Airways both operate the boeing 777 on the route both are the only carrriers flying direct but KQ always ahead of BA in passenger figures especialy now thats its flying the 787 bigger windows, less noise, mood lighting and 40%better air circulation

I couldnt have said it better


Hmmmmm....KQ staff are probably the worst of any airline I have ever flown. They are always miserable, unhelpful, get upset when ask for something and sometimes downright rude.

If KQ is counting on staff to help the turnaround, we are in worse trouble than we think!
Business opportunities are like buses,there's always another one coming
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Pesa Nane
#1517 Posted : Friday, March 27, 2015 2:28:48 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
King G wrote:

KQ - Daily Nation today (27.03.2015) page 34.




LINK
Cash-strapped Kenya Airways has turned to debt to pay its workforce as the national carrier flies under the weight of liquidity flow problems that have seen its debt burden hit Sh70 billion.

Chief executive officer Mbuvi Ngunze said the airline was experiencing tough financial times that had left it with no option but to rely on debt to sustain its nearly 4,000 workforce.
Paying through debt

“...So how am I paying my staff? I am paying them through debt,” Mr Ngunze said when he appeared on Citizen Television’s Business Centre show on Wednesday night.
Pesa Nane plans to be shilingi when he grows up.
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Cde Monomotapa
#1518 Posted : Friday, March 27, 2015 3:29:01 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@PN, such alarmist headlines go to reinforce my earlier point (dug up from what's already been published as at Sept.2014). How will we attract listings that way? A prospective would rather remain private!

This is even more sad coming from a listed FMCG company - NMG. Whereby sales can lag obligations and you call in your bankers. Only the CFO would get that unfortunately. The trials of enterprise...
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Aguytrying
#1519 Posted : Friday, March 27, 2015 4:03:26 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Alarmist or not, it is very shocking when Kq is paying salaries through debt.
what beats me is how laymen like ourselves can clearly see kq digging itself into debt with mawingu yet the whole board "cant see"
The investor's chief problem - and even his worst enemy - is likely to be himself
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Gordon Gekko
#1520 Posted : Friday, March 27, 2015 4:55:23 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Cde Monomotapa wrote:
@PN, such alarmist headlines go to reinforce my earlier point (dug up from what's already been published as at Sept.2014). How will we attract listings that way? A prospective would rather remain private!

This is even more sad coming from a listed FMCG company - NMG. Whereby sales can lag obligations and you call in your bankers. Only the CFO would get that unfortunately. The trials of enterprise...

Agreed, only that its generally called overdraft or working capital financing, not debt. Ngunze is an accountant and he knows what he's talking about when he says debt. Overdraft is a current liability payable at most in a year. Debt is classified as a long term liability, which is generally secured with physical assets and have priority when s**t hits the fan.
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