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Kenya Airways...why ignore..
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Spikes
#6581 Posted : Thursday, November 10, 2016 11:54:57 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
http://www.routesonline....7-amsterdam-operations/


New KQ chairman MJ is serious in the turnaround. Less than a month and the guy is making profound changes.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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maka
#6582 Posted : Thursday, November 10, 2016 11:59:32 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Spikes wrote:
http://www.routesonline.com/news/38/airlineroute/269774/kenya-airways-updates-ns17-amsterdam-operations/


New KQ chairman MJ is serious in the turnaround. Less than a month and the guy is making profound changes.


But we have been yapping in this thread that the issue is the management lakini peeps never listen...if it wasn't for UK...Mbuvi should have also been sent home...They shouldn't have let Yves go to TAAG....promote him to CEO then sack Musila...Diaz and a few other fellows.
possunt quia posse videntur
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ArrestedDev
#6583 Posted : Thursday, November 10, 2016 1:12:01 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
Spikes wrote:
http://www.routesonline.com/news/38/airlineroute/269774/kenya-airways-updates-ns17-amsterdam-operations/


New KQ chairman MJ is serious in the turnaround. Less than a month and the guy is making profound changes.


But we have been yapping in this thread that the issue is the management lakini peeps never listen...if it wasn't for UK...Mbuvi should have also been sent home...They shouldn't have let Yves go to TAAG....promote him to CEO then sack Musila...Diaz and a few other fellows.


Mbuvi is the only stumbling stone to KQ's prosperity.

I hope a Donald Trump is elected next year.
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ArrestedDev
#6584 Posted : Friday, November 11, 2016 12:37:19 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
Substantive commercial director hired.Very good news though am not pleased as he is a former KLM staff.
http://mobile.nation.co....item-1-7bbkx6/index.html
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VituVingiSana
#6585 Posted : Friday, November 11, 2016 9:02:10 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
[quote=ArrestedDev]Substantive commercial director hired.Very good news though am not pleased as he is a former KLM staff.
http://mobile.nation.co....tem-1-7bbkx6/index.html[/quote]
KLM wasn't and isn't the problem.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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ArrestedDev
#6586 Posted : Friday, November 11, 2016 9:17:49 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
VituVingiSana wrote:
[quote=ArrestedDev]Substantive commercial director hired.Very good news though am not pleased as he is a former KLM staff.
http://mobile.nation.co....tem-1-7bbkx6/index.html[/quote]
KLM wasn't and isn't the problem.


They are part of the problem. I have always maintained that they are giving KQ a raw deal. This is the reason why MJ is heading to AMS to renegotiate the JV.

If KLM meant well enough for KQ, they should have never let Ngunze to sell the slot and allowed Naikuni to register SPVs.

Naikuni was appointed to the board of RVR to manage SPVs for the Egyptian firm with a stake in the later. They procured a world bank loan in the guise of upgrading services/ new locomotives but ended up buying used one and refurbished at a cost equivalent to the market prices of new ones. They are under investigation by World Bank but they are now looking to sell the stake after minting billions.

It is exactly what Naikuni did in KQ. Loans single sourced in the name of fleet modernisation and Project mawingu and then high cost of repayments to factor in credits to few individuals via SPVs.

http://www.standardmedia...-of-world-bank-billions

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  | | Edit by user: Friday, November 11, 2016 9:57 AM | Reason: because I can
VituVingiSana
#6587 Posted : Friday, November 11, 2016 10:10:53 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
ArrestedDev wrote:
VituVingiSana wrote:
[quote=ArrestedDev]Substantive commercial director hired.Very good news though am not pleased as he is a former KLM staff.
http://mobile.nation.co....tem-1-7bbkx6/index.html[/quote]
KLM wasn't and isn't the problem.


They are part of the problem. I have always maintained that they are giving KQ a raw deal. This is the reason why MJ is heading to AMS to renegotiate the JV.

If KLM meant well enough for KQ, they should have never let Ngunze to sell the slot and allowed Naikuni to register SPVs.

Naikuni was appointed to the board of RVR to manage SPVs for the Egyptian firm with a stake in the later. They procured a world bank loan in the guise of upgrading services/ new locomotives but ended up buying used one and refurbished at a cost equivalent to the market prices of new ones. They are under investigation by World Bank but they are now looking to sell the stake after minting billions.

It is exactly what Naikuni did in KQ. Loans single sourced in the name of fleet modernisation and Project mawingu and then high cost of repayments to factor in credits to few individuals via SPVs.

http://www.standardmedia...-of-world-bank-billions


Perhaps you are right. Or he managed to pull the wool over their eyes. When you appoint a CEO you expect him to work for your benefit. The Agency Problem. Anyway, I lost faith in KQ's board in 2012 with good reason.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#6588 Posted : Friday, November 11, 2016 12:23:21 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
KQ has brought me closer to my dreams

KQ ABP 4.26
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Impunity
#6589 Posted : Friday, November 11, 2016 2:22:21 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
KQ has brought me closer to my dreams


How?

And what was your dream?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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maka
#6590 Posted : Friday, November 11, 2016 2:40:22 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
obiero wrote:
KQ has brought me closer to my dreams


How?

And what was your dream?


Buddies...smile


possunt quia posse videntur
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