Author Topic: Mckinsey consultant earns KES. 43m per week from broke ass KQ  (Read 1057 times)

Offline RVtitem

  • VIP
  • Enigma
  • *
  • Posts: 840
  • Reputation: 1328
Mckinsey consultant earns KES. 43m per week from broke ass KQ
« on: October 01, 2016, 08:22:53 PM »
http://www.standardmedia.co.ke/mobile/article/2000217965/how-loss-making-kq-paid-firm-sh2-3b-in-six-months?pageNo=1

Offline RVtitem

  • VIP
  • Enigma
  • *
  • Posts: 840
  • Reputation: 1328
Re: Mckinsey consultant earns KES. 43m per week from broke ass KQ
« Reply #1 on: October 02, 2016, 11:02:59 AM »

When the Senate Select Committee inquiring into the affairs of Kenya Airways, which I chaired, submitted its report to the Senate in November last year, the Senate unanimously endorsed the report and its recommendations. We had discussed this report with the Ministers of Finance as well as Transport and hard emphasised the need to overhaul the management of the airline in order to ensure that the turn around exercise is successful. This was a result of some comparative studies we had done of airlines under similar circumstances and how they were turned around.
A very recent and living example is that of Malaysia Airlines which has a very comparable history with Kenya Airways. There is therefore no reason why Kenya Airways should fail when this South East Asian airline underwent much more daunting financial hazards before it was turned around as recently as 2005. Let us look at its experience briefly. The only reason that can make Kenya Airways slide into oblivion is if there are certain well placed and ravenous state connected business interests who are bent on running down the shares of the national flag carrier so as to buy it for a song. We have seen this happen to Uchumi Supermarkets; it could easily happen to Kenya Airways under our nose.

www.the-star.co.ke/news/2016/10/01/the-challenge-of-turning-around-kenya-airways_c1428380

Offline veritas

  • Enigma
  • *
  • Posts: 3347
  • Reputation: 4790
Re: Mckinsey consultant earns KES. 43m per week from broke ass KQ
« Reply #2 on: October 02, 2016, 12:18:45 PM »
The service sucks on Kenya airways. Malaysia truly asia airlines have good service but sold their soul to the devil by sacrificing passengers once in a while. What is it like a dozen of their planes have now vanished? That consultancy firm def. smells fishy.

http://www.abc.net.au/news/2016-07-29/wing-part-found-in-tanzania-is-highly-likely-from-mh370/7674166

How did a missing plane wing end up in Tanzania ??