Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 12/7/2012 Posts: 11,908
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maka wrote:maka wrote:obiero wrote:maka wrote:obiero wrote:maka wrote:nairobby wrote:maka wrote:Ericsson wrote:The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs. From the guy who bought a new VX when there was a proper MD car infact he flouted KQ procurement procedures... Stays in a company mansion in Karen... Has a Polish bodyguard earning 1.2m per month plus 2 more from BM... Spends 90% of his time out of the country staying in crazy hotels yet KQ has hotels contracted for staff everywhere... What have I forgotten... Yeah earns the 8m that was stated but coerced finance/payroll guys to lower the figure so that it looks OK during the parliamentary hearing.... The fellow is just a crook. Haha give us a source for all this otherwise you and Alai are no different  You must be new here right? Just go through the thread and check out my posts... Thats why as a shareholder @Obiero should be asking such questions at the AGM. I'm only interested in how one can temporarily "lower" a salary to give a false media position Wait for it rem everything I have told you here and in private has come to pass  Pole sana for the loss... Prepare yourself for a super widening this year... You crashed the two Embraers by loosening the yoke. It's only that you are my buddy otherwise I would have turned you in Don't worry Musila is taking the heat because of that I dont see him surviving for long... What else? Told you... He has been let go... Also Catherine Kamau who took over Chris Diaz's Head of Marketing job.... If am not wrong she has been in that position for exactly one year.... She didnt last 1 year, came in August last year. CATHERINE KAMAU – AT LAST A WORTHY SUCCESSOR OF CHRIS DIAZ (Posted 17th August 2018) Catherine Kamau Catherine Kamau has joined Kenya Airways as Head of Marketing, a position which since the departure of Chris Diaz, KQ’s Director of Marketing a year and a half ago was not substantially filled. Catherine brings with her a wealth of experience, having worked for several global carriers in the past, most recently for Etihad Airways on secondment to Air Seychelles as Head of Marketing, Product and Loyalty based in Victoria / Mahe. Before joining Etihad Airways in 2013 as Marketing Manager MENA Region did Catherine work at Qatar Airways since 2008 as Marketing Manager for Africa, based in Doha. Catherine holds a BA from the American College in London in Marketing and subsequently completed her Masters Degree in Global Marketing at the University of Liverpool. Congratulations are extended by www.ATCNews.org to Catherine on her appointment and best wishes to her for the challenges ahead, helping to bring the airline back to profitability and recover lost ground in market perception and standing since the departure of Chris Diaz in April last year. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Angelica _ann wrote:maka wrote:maka wrote:obiero wrote:maka wrote:obiero wrote:maka wrote:nairobby wrote:maka wrote:Ericsson wrote:The airline attributed the loss to the high cost of fuel, high salaries and fleet ownership cost which account for nearly two thirds of the its operating costs. From the guy who bought a new VX when there was a proper MD car infact he flouted KQ procurement procedures... Stays in a company mansion in Karen... Has a Polish bodyguard earning 1.2m per month plus 2 more from BM... Spends 90% of his time out of the country staying in crazy hotels yet KQ has hotels contracted for staff everywhere... What have I forgotten... Yeah earns the 8m that was stated but coerced finance/payroll guys to lower the figure so that it looks OK during the parliamentary hearing.... The fellow is just a crook. Haha give us a source for all this otherwise you and Alai are no different You must be new here right? Just go through the thread and check out my posts... Thats why as a shareholder @Obiero should be asking such questions at the AGM. I'm only interested in how one can temporarily "lower" a salary to give a false media position Wait for it rem everything I have told you here and in private has come to pass Pole sana for the loss... Prepare yourself for a super widening this year... You crashed the two Embraers by loosening the yoke. It's only that you are my buddy otherwise I would have turned you in Don't worry Musila is taking the heat because of that I dont see him surviving for long... What else? Told you... He has been let go... Also Catherine Kamau who took over Chris Diaz's Head of Marketing job.... If am not wrong she has been in that position for exactly one year.... She didnt last 1 year, came in August last year. CATHERINE KAMAU – AT LAST A WORTHY SUCCESSOR OF CHRIS DIAZ (Posted 17th August 2018) Catherine Kamau Catherine Kamau has joined Kenya Airways as Head of Marketing, a position which since the departure of Chris Diaz, KQ’s Director of Marketing a year and a half ago was not substantially filled. Catherine brings with her a wealth of experience, having worked for several global carriers in the past, most recently for Etihad Airways on secondment to Air Seychelles as Head of Marketing, Product and Loyalty based in Victoria / Mahe. Before joining Etihad Airways in 2013 as Marketing Manager MENA Region did Catherine work at Qatar Airways since 2008 as Marketing Manager for Africa, based in Doha. Catherine holds a BA from the American College in London in Marketing and subsequently completed her Masters Degree in Global Marketing at the University of Liverpool. Congratulations are extended by www.ATCNews.org to Catherine on her appointment and best wishes to her for the challenges ahead, helping to bring the airline back to profitability and recover lost ground in market perception and standing since the departure of Chris Diaz in April last year. Good move. Let the heads roll.
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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When recovering from a radical surgery, you are not expected to immediately jump out of the operating table. Tender steps required here for patient named KQ, who is under sound care-assistance of qualified Polish doctors
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,130 Location: Nairobi
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obiero wrote:When recovering from a radical surgery, you are not expected to immediately jump out of the operating table. Tender steps required here for patient named KQ, who is under sound care-assistance of qualified Polish doctors Kenyan doctors put KQ into a coma. Polish doctors aren't doing great. Take KQ to India, at least it will cheaper to cremate KQ than having very expensive Polish doctors trying to cure KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,130 Location: Nairobi
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If not for my indirect holdings in KQ, this would not bother me. Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC. KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees. Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,130 Location: Nairobi
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obiero wrote:VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option Unless KQ files for bankruptcy, as I think it should, another financial restructuring is likely. The much vaunted KQ-KAA tie-up is a mere band-aid. KQLC members need to get realistic and provide for the non-guaranteed portions of the loans as well as 100% of the shares. KQLC can still look in on KQ as well as remain on the board. I do that with ARM. I follow the happenings on ARM but it is fully provided for. Realism. Prudence. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option Unless KQ files for bankruptcy, as I think it should, another financial restructuring is likely. The much vaunted KQ-KAA tie-up is a mere band-aid. KQLC members need to get realistic and provide for the non-guaranteed portions of the loans as well as 100% of the shares. KQLC can still look in on KQ as well as remain on the board. I do that with ARM. I follow the happenings on ARM but it is fully provided for. Realism. Prudence. The only Prudence name I know about is Bushnell.. We are turning this thing around with or without JKIA. Remember KQ is a turnaround stock meant only for persons who can afford to forfeit their investment 
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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 It takes international media to get basic facts right https://af.reuters.com/article/idUSKCN1S6195
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,130 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option Unless KQ files for bankruptcy, as I think it should, another financial restructuring is likely. The much vaunted KQ-KAA tie-up is a mere band-aid. KQLC members need to get realistic and provide for the non-guaranteed portions of the loans as well as 100% of the shares. KQLC can still look in on KQ as well as remain on the board. I do that with ARM. I follow the happenings on ARM but it is fully provided for. Realism. Prudence. The only Prudence name I know about is Bushnell.. We are turning this thing around with or without JKIA. Remember KQ is a turnaround stock meant only for persons who can afford to forfeit their investment The Taxpayer can't afford to lose any more money in KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option Unless KQ files for bankruptcy, as I think it should, another financial restructuring is likely. The much vaunted KQ-KAA tie-up is a mere band-aid. KQLC members need to get realistic and provide for the non-guaranteed portions of the loans as well as 100% of the shares. KQLC can still look in on KQ as well as remain on the board. I do that with ARM. I follow the happenings on ARM but it is fully provided for. Realism. Prudence. The only Prudence name I know about is Bushnell.. We are turning this thing around with or without JKIA. Remember KQ is a turnaround stock meant only for persons who can afford to forfeit their investment The Taxpayer can't afford to lose any more money in KQ. I already told you that I spoke to the president.. Await Pkosing report
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:If not for my indirect holdings in KQ, this would not bother me.
Unfortunately, unlike Uchumi, I have a much larger stake in KQ by virtue of 1/50,000,000th of Treasury's stake and a much larger stake or % in KQLC.
KQLC has not only got shares in KQ but a huge loan exposure. GoK is not great about paying on guarantees.
Whereas I wish KQ well, I hope it doesn't return to KQLC or GoK for another bailout.
GoK debt remains significant in KQ books. A second restructuring maybe? Incase KAA takeover fails, that will be their only option Unless KQ files for bankruptcy, as I think it should, another financial restructuring is likely. The much vaunted KQ-KAA tie-up is a mere band-aid. KQLC members need to get realistic and provide for the non-guaranteed portions of the loans as well as 100% of the shares. KQLC can still look in on KQ as well as remain on the board. I do that with ARM. I follow the happenings on ARM but it is fully provided for. Realism. Prudence. The only Prudence name I know about is Bushnell.. We are turning this thing around with or without JKIA. Remember KQ is a turnaround stock meant only for persons who can afford to forfeit their investment The Taxpayer can't afford to lose any more money in KQ. Balance sheet anyone with a copy I already told you that I spoke to the president.. Await Pkosing report Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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Happy labour day to every diligent and industrious laborer 
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:Happy labour day to every diligent and industrious laborer Good pic.But they need to work hard and convert the current 7.5 billion loss into profit. Towards the goal of financial freedom
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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https://www.businessdail...twitter_impression=true
ION the Board has made a decision to let go of all guys seconded by KLM.... Raj... Jan et al.... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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maka wrote:https://www.businessdailyafrica.com/corporate/companies/Direct-US-flights-struggle-as-KQ/4003102-5094942-view-asAMP-ibgcq7z/index.html?__twitter_impression=true
ION the Board has made a decision to let go of all guys seconded by KLM.... Raj... Jan et al.... By the way you need to be sincere with your information at what point was Musila let go while we were together at Ole Sereni during the breakfast brief
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:https://www.businessdailyafrica.com/corporate/companies/Direct-US-flights-struggle-as-KQ/4003102-5094942-view-asAMP-ibgcq7z/index.html?__twitter_impression=true
ION the Board has made a decision to let go of all guys seconded by KLM.... Raj... Jan et al.... A very bold move. KAWU's press release though poorly worded showed clearly they take a big junk of the wages. The parliamentary hearing on the JKIA also brought to light the case as it is with the so-called expatriates. MJ also made the decision to refund wages earned after the Mps mocked him.
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Rank: Elder Joined: 6/23/2009 Posts: 13,563 Location: nairobi
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ArrestedDev wrote:maka wrote:https://www.businessdailyafrica.com/corporate/companies/Direct-US-flights-struggle-as-KQ/4003102-5094942-view-asAMP-ibgcq7z/index.html?__twitter_impression=true
ION the Board has made a decision to let go of all guys seconded by KLM.... Raj... Jan et al.... A very bold move. KAWU's press release though poorly worded showed clearly they take a big junk of the wages. The parliamentary hearing on the JKIA also brought to light the case as it is with the so-called expatriates. MJ also made the decision to refund wages earned after the Mps mocked him. MPs are soo dirty and then mock MJ.. Unafik kabisa.. He's a class act
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:maka wrote:https://www.businessdailyafrica.com/corporate/companies/Direct-US-flights-struggle-as-KQ/4003102-5094942-view-asAMP-ibgcq7z/index.html?__twitter_impression=true
ION the Board has made a decision to let go of all guys seconded by KLM.... Raj... Jan et al.... A very bold move. KAWU's press release though poorly worded showed clearly they take a big junk of the wages. The parliamentary hearing on the JKIA also brought to light the case as it is with the so-called expatriates. MJ also made the decision to refund wages earned after the Mps mocked him. MPs are soo dirty and then mock MJ.. Unafik kabisa.. He's a class act Some questions raised were sensible. @maka, where is the correct link talking about the departure of KLM stooges?
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