The cost cutting measures are ranked in terms of impact...high,medium and low...then there is a monitoring tool that will be checked every Mon if a Manager fails to achieve his or her cost cutting goal anaenda home...we obviously did not need McKinsey to make KQ get serious but with all the internal politics in that company it's good that it's handled by an independent firm...When the lead guy from the firm met staff he gave them a list of companies that they have turned around and also a list of one's that they have failed to help out...his take is that KQ is the most challenging Co he has ever been given to help turnaround....finally from supplies department alone the measures will save KQ around 50m USD now factor in the other departments and see if well implemented where the airline would be in a few years....

@maka @obiero - Sigh, if only KQ's management acted like owners back in the day. Anyway, guys... let me check on KK where the Biwott family has their representatives on the board. I would prefer the CEO and CFO had shares in KK but they do not except through an ESOP. I prefer direct ownership.

@Obiero I agree with you if best structures are in function and observed ardently growth of a firm is automatic.

seconded.. was at the AGM personally and I listened keenly, have also seen mckinsey at work in kcb, equity, coop.. they are thorough with a global CV to protect. now, also corruption is being fought so the agents who used to infiltrate the system with 'ghost travellers' shall be fought.. procurement shall be scrutinized.. kuiba itakuwa ngumu sana based on the fact that Uhuru isnt known to be corrupt and knowing that he hand picked ngunze family members to run some of his most priced entities i.e CBA Jeremy Ngunze, KQ Mbuvi Ngunze. All shall end well

@Othelo.. Several strategies have been floated including most urgently conversion of the short tenor loans to longer periods. Also sale of obsolete and underutilised assets. These are major cash points expected to address @vvs negative equity