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Kenya Airways...why ignore..
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:maka wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600.   I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... Sad state of affairs...another 50 from inflight sent home. @maka, Do you know if the managers responsible for fuel procurement inefficiencies were among the first batch of 80? They are going departmental wise exercise will end on Thursday so will get to know from finance who went...kesho ground services. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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Swenani wrote:Why are people commenting on this thread if they dont have the 24 point turnaround strategy??
You are all clueless!!!!...... what if the 17th point is to liquidate KQ Lol
KQ ABP 4.26
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:maka wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier... so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... Sad state of affairs...another 50 from inflight sent home. @maka, Do you know if the managers responsible for fuel procurement inefficiencies were among the first batch of 80? They are going departmental wise exercise will end on Thursday so will get to know from finance who went...kesho ground services. Keep the numbers flowing. It may not be a big number since sinking 10 billion from a loan in a retrenchment exercise is counterproductive in the long run as this guy from Ernest & Young puts it.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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mlennyma wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. they are re trenching using a loan so i think they cant afford to pay the sendoff to the number they want Yeah, that's the issue at hand. The management needs to weigh all options very well as it will be expensive in the long run even if the loan is guaranteed by the treasury. They should consider the fact that the Company is already indebted.
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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ArrestedDev wrote:mlennyma wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. they are re trenching using a loan so i think they cant afford to pay the sendoff to the number they want Yeah, that's the issue at hand. The management needs to weigh all options very well as it will be expensive in the long run even if the loan is guaranteed by the treasury. They should consider the fact that the Company is already indebted. Debt shall be reduced monthly but staff costs always rise, daily.. They use assets daily. Let us bite the one off costs
KQ ABP 4.26
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off is this dream valid?how many more imaginary takeoffs before the true one? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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mlennyma wrote:obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off is this dream valid?how many more imaginary takeoffs before the true one? Satan's power, powerless power. Dark forces tryin to push us down. We await the results on 28.07.16
KQ ABP 4.26
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:mlennyma wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. they are re trenching using a loan so i think they cant afford to pay the sendoff to the number they want Yeah, that's the issue at hand. The management needs to weigh all options very well as it will be expensive in the long run even if the loan is guaranteed by the treasury. They should consider the fact that the Company is already indebted. Debt shall be reduced monthly but staff costs always rise, daily.. They use assets daily. Let us bite the one off costs They will still need to hire in the near future when the business environment improves.It is evident the tourism industry is picking up. The retrenchment in 2012 led to new hires. The initial investment going to this exercise is very high and recouping it will take a while even if the manpower costs now are reduced. The interest element/ finance cost is the killer. It adds a burden to the existing finance costs.
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:mlennyma wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. they are re trenching using a loan so i think they cant afford to pay the sendoff to the number they want Yeah, that's the issue at hand. The management needs to weigh all options very well as it will be expensive in the long run even if the loan is guaranteed by the treasury. They should consider the fact that the Company is already indebted. Debt shall be reduced monthly but staff costs always rise, daily.. They use assets daily. Let us bite the one off costs They will still need to hire in the near future when the business environment improves.It is evident the tourism industry is picking up. The retrenchment in 2012 led to new hires. The initial investment going to this exercise is very high and recouping it will take a while even if the manpower costs now are reduced. The interest element/ finance cost is the killer. It adds a burden to the existing finance costs. Please recheck your information. The previous right sizing was reversed by our courts
KQ ABP 4.26
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:mlennyma wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. they are re trenching using a loan so i think they cant afford to pay the sendoff to the number they want Yeah, that's the issue at hand. The management needs to weigh all options very well as it will be expensive in the long run even if the loan is guaranteed by the treasury. They should consider the fact that the Company is already indebted. Debt shall be reduced monthly but staff costs always rise, daily.. They use assets daily. Let us bite the one off costs They will still need to hire in the near future when the business environment improves.It is evident the tourism industry is picking up. The retrenchment in 2012 led to new hires. The initial investment going to this exercise is very high and recouping it will take a while even if the manpower costs now are reduced. The interest element/ finance cost is the killer. It adds a burden to the existing finance costs. Please recheck your information. The previous right sizing was reversed by our courts Nope. Staff were not reinstated. Non-Kenyans were hired especially cabin crew. Let @maka or anyone with insider information to confirm. The below article done during the senate hearings on KQ lays the facts. 447 out and 517 in. https://asokoinsight.com...447-kenya-airways-staff
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