sparkly wrote:Swenani wrote:UpcomingPaperChaser wrote:Impunity wrote:UpcomingPaperChaser wrote:Impunity wrote:nzalela wrote:obiero wrote:http://www.businessdailyafrica.com/Opinion-and-Analysis/KQ-pilots-had-better-go-for-lesser-devil-of-redeployment/-/539548/3196710/-/item/1/-/odo1kq/-/index.html
It is actually KQ that does not want to let go of the 777 pilots. Mainly 2 reasons.
1. They do not have funds to pay them off now. Some of those pilots have worked 30 years and will need send of package of approximately 20 million. For the total number of 28 Captains that is approximately 560 million bob.
2. The Turkish sublease agreement for the (3) 777-300 and the Oman Air (3)787 is for 3 years after which KQ may get the aircrafts back. That means they may need those captains 3 years down the road. With the current high experience pilot shortage globally they have to be smart or they may end up like Emirates currently grounding aircrafts coz of nil pilots.
So they cant retrench them coz they will need them at some point and they also cant maintain them on payroll coz of the costs. That is why the Ethiopian deal makes sense. Most of the pilots however want to resign get their money and go home but it is difficult seeing that KQ has blocked voluntary early retirement to all staff. There is where the conflict lies.
That 20 Million is the employer part of the provident?
So the other personal contribution is more or less 20 million.
So each of the affected pilots could easily take home 40 million?
Then why would a 55 year old pilot need to work again in the dangerous skies?
at 55 he can seat pretty and invest the money in any passive business and still live a fairly comfortable life.
Neither would i agree........with 10 more years of productivity, it would mean 12 million per year times 10 remaining years plus more savings..........
I can easily get 20 million per year from the 40 million lumpsum...what about with free time to think and invest!
But most of them have expensive gachungwas at home and abroad so that 4o million could easily get washed away in a year...they are safer when employed and also givn the fact that most of them are
form 4 graduates.
Very very true..........most of them are
semi-illiterate with just a CPE or KCSE certificate......
Haiya, wewe the literate one, how much do you make and what do you fly apart from your pee?
Hahaha, the same guys hating on pilots wanted to be presidents and pilots at 5 yrs old. Now they are too learned to be pilots.
To sparkly
"A Professor was traveling by boat. On his way he asked the sailor:
“Do you know Biology, Ecology, Zoology, Geography, physiology?
The sailor said no to all his questions.
Professor: What the hell do you know on earth. You will die of illiteracy.
After a while the boat started sinking. The Sailor asked the Professor, do you know swiminology & escapology from sharkology?
The professor said no.
Sailor: “Well, sharkology & crocodilogy will eat your assology, headology & you will dieology because of your mouthology"
Everyone is too educated in their own ways.