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Kenya Airways...why ignore..
maka
#12061 Posted : Friday, April 05, 2019 10:52:50 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....

possunt quia posse videntur
Chaka
#12062 Posted : Friday, April 05, 2019 2:34:20 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
What of cost if living(and taxation) in Ethiopia Vs KE?
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


nairobby
#12063 Posted : Friday, April 05, 2019 3:03:08 PM
Rank: Member


Joined: 1/18/2019
Posts: 185
Location: kenya
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces
Swenani
#12064 Posted : Friday, April 05, 2019 3:18:57 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....



I heard ET employees are employed and remunerated as civil servants unlike KQ
If Obiero did it, Who Am I?
Ericsson
#12065 Posted : Friday, April 05, 2019 4:01:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#12066 Posted : Friday, April 05, 2019 4:19:49 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
Ericsson wrote:
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done

Kujia Tusker 3 baridi, The Exchange Bar at 7pm

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#12067 Posted : Friday, April 05, 2019 6:04:26 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Ericsson wrote:
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done

Kujia Tusker 3 baridi, The Exchange Bar at 7pm



Rem the numbers I gave you?

484 pilots plus 25 senior managers account for around 60% of the total payroll.....
possunt quia posse videntur
obiero
#12068 Posted : Friday, April 05, 2019 7:26:39 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
maka wrote:
obiero wrote:
Ericsson wrote:
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done

Kujia Tusker 3 baridi, The Exchange Bar at 7pm



Rem the numbers I gave you?

484 pilots plus 25 senior managers account for around 60% of the total payroll.....

Yes. Sad state of affairs and if any of the 484 are touched be sure KALPA will start it's usual dark art moves

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#12069 Posted : Friday, April 05, 2019 8:52:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
Chaka wrote:
What of cost if living(and taxation) in Ethiopia Vs KE?
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


That's irrelevant unless you use protectionism. If ET flights are cheaper for similar service and quality then many Kenyans will use ET over KQ.
"New KQ" would help by cutting off those who are holding "Old KQ" hostage.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Chaka
#12070 Posted : Friday, April 05, 2019 9:57:08 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Fine..I agree that patriotism will not help KQ..Often times I get the feeling that KQ is a feel good business for GK to brag about(prestige)..May be its just me..
VituVingiSana wrote:



[/quote] That's irrelevant unless you use protectionism. If ET flights are cheaper for similar service and quality then many Kenyans will use ET over KQ.
"New KQ" would help by cutting off those who are holding "Old KQ" hostage.[/quote]
VituVingiSana
#12071 Posted : Saturday, April 06, 2019 12:12:03 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
Chaka wrote:
Fine..I agree that patriotism will not help KQ..Often times I get the feeling that KQ is a feel good business for GK to brag about(prestige)..May be its just me..
VituVingiSana wrote:



That's irrelevant unless you use protectionism. If ET flights are cheaper for similar service and quality then many Kenyans will use ET over KQ.
"New KQ" would help by cutting off those who are holding "Old KQ" hostage.[/quote]
[/quote] I am extremely patriotic. To my pocket. Laughing out loudly
I would rather fly KQ vs other airlines given a similar price for similar quality BUT that has not been the case of late.

I hope it changes soon.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#12072 Posted : Saturday, April 06, 2019 3:09:11 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
obiero wrote:
Ericsson wrote:
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done

Kujia Tusker 3 baridi, The Exchange Bar at 7pm


I had an engagement elsewhere.Tupange siku ingine
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#12073 Posted : Saturday, April 06, 2019 5:35:15 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
nairobby wrote:
maka wrote:
ET has 16,000 employees yet their total salaries and benefits are slightly higher than KQs 3480 employees....


KQ labour costs are simply ridiculous and is a big symptom of the illness this company faces


This is where significant cost reduction can be done

Kujia Tusker 3 baridi, The Exchange Bar at 7pm


I had an engagement elsewhere.Tupange siku ingine

No worries..

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
hardwood
#12074 Posted : Sunday, April 07, 2019 1:43:12 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Treasury secures Sh20bn loan for Kenya Airways

https://www.nation.co.ke...58206-auy2ypz/index.html
Impunity
#12075 Posted : Sunday, April 07, 2019 5:29:34 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
SECRET TALK TO DISOLVE KQ...Link

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

obiero
#12076 Posted : Sunday, April 07, 2019 5:40:28 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#12077 Posted : Sunday, April 07, 2019 8:03:15 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
obiero wrote:

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price
In what capacity? Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#12078 Posted : Sunday, April 07, 2019 9:32:38 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
VituVingiSana wrote:
obiero wrote:

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price
In what capacity? Laughing out loudly Laughing out loudly Laughing out loudly


He must have been the bartender or the alcohol
obiero
#12079 Posted : Sunday, April 07, 2019 9:50:13 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,564
Location: nairobi
xxxxx wrote:
VituVingiSana wrote:
obiero wrote:

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price
In what capacity? Laughing out loudly Laughing out loudly Laughing out loudly


He must have been the bartender or the alcohol

🤣🤣

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
hardwood
#12080 Posted : Sunday, April 07, 2019 10:11:05 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
obiero wrote:
xxxxx wrote:
VituVingiSana wrote:
obiero wrote:

I was at the said meeting and the article mostly speaks to the truth. KQLC have already stated that no buy out will be entertained sub KES 8.52; being the restructuring price
In what capacity? Laughing out loudly Laughing out loudly Laughing out loudly


He must have been the bartender or the alcohol

🤣🤣


He was an usher.
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