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CEO resigns from GF

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CEO resigns from GF

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Old 30th Jul 2007, 05:31
  #161 (permalink)  
 
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OTP and flight cancelation

The situation in Gulf Air does not bode well. The Executive Management every day comes with excuses that the airline has mad a significant progress and positive achievements after the implementation of the new plan to achieve discipline in the departure of aircraft by 85% and beset achievement in the number of flights canceled 5 this month gainst 26 flights in the past month which is maybe true but not significant. What the management does not say is how many aircraft are being put on reserve to replace aircrafts that are either delayed or cancelled. It is interesting to note that the average number of flights reserve in British Airways for example is at the rate of 1 aircraft for every 100 aircraft. This means 1 to 100. In comparison, we find that the aircraft reserve in Gulf Air is 5 for 30 aircraft, which is 1 to 6. so what is the significant achievement posed by the administration? And what is the cost of such aircraft reserve ?
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Old 30th Jul 2007, 12:48
  #162 (permalink)  
 
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So I say again....What was the golden pay out to the CE?
How many millions was he paid for a swift departure after only a few months service.....
I suspect he found the corruption money trail and has been paid to shut up and go away by the ones who stole it....SOP GF as it strongly rumoured to have happened in various incidents in the past.
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Old 30th Jul 2007, 13:03
  #163 (permalink)  
 
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Talking Pocket Money

Various family members and their cronies have been dipping their hands in various tills throughout my 20+ years in residence.
It happens here at the petrol factory all the time, although less so since the National Audit Court have been given the werewithal to sniff around and ask questions.
Previously, as long as there was enough to go around, it was not a problem, but in GF's case the money simply isn't there any more.
The trouble is, the people right at the top of the GF food chain appear oblivious of this fact, plus no doubt a few people do not want questions asked about where the most recently purloined readies went.
While I agree that the powers that be would lose huge amounts of face losing their national carrier, that will only ensure that they keep one, not that it doesn't end up doing nothing but bus trips around the Gulf and human cargo flights to the subcontinent....
Just my 2 fils worth
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Old 30th Jul 2007, 14:17
  #164 (permalink)  
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Snoop

Unfortunately, the future of GF is likely to be intra Gulf and sub continent, unless a huge backer is found. Hence the IPO. But no one will invest real money until the corruption/bad management is rooted out. Plus what is the chance of another big player surviving when surrounded by EK, EY, and QR?

I'd like to present a scenario that may cause a lot of abuse, but will be food for thought for those with open minds...

JH and the Kangaroo mafia did not steal money from the company (at least not the millions that are missing) They were forced to work with a bunch of crooks (the previous board and friends) and made the best of it. (Especially for themselves)
All that Kroll and the new management team managed to find has been paper trails that lead to fish that are too big to digest. (No questions are being asked about certain contracts owned by major Bahraini people, but other contracts are being pulled apart with a fine toothcomb)
JH has not been asked to justify his actions because everything he did was approved by the previous board, and no one wants to question the aircraft/engineering deals and the "discounts" made. (Which are the big money areas, not MK and catering)
AD had disagreements with the board because he refused to work with the crooks that GF is saddled with, and wanted to "change too fast". Too many gravy trains were going to be exposed or cut off, so he was asked to leave after mutual disagreement.

And Rome (GF) burns while Nero (GF board) plays his fiddle
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Old 30th Jul 2007, 15:38
  #165 (permalink)  
 
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International is more or less right.

The roots for the crisis lie in past misdemeanors and present incompetence. Why should a civil servant be trying to run a complex company in a highly competitive market? But as usual, the villagers are united in trying to point fingers at the wolf outside the village walls....
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Old 30th Jul 2007, 15:52
  #166 (permalink)  
 
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I am reminded of Albert Einstein's definition of "insanity."

Insanity: doing the same thing over and over again and expecting different results.
What plagues Gulf Air more or less is the same malaise that affects most Government-owned airlines that are privatized forced to run without subsity. There are plenty of business examples of this.

The only solution? Shock treatment, or liquidation. Sad to say, but either one will have to occur sooner or later.
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Old 30th Jul 2007, 17:06
  #167 (permalink)  
 
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Insanity: doing the same thing over and over again and expecting different results.
Thats just typical of the region. That is exactly the modus operandi of most of the indigens.
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Old 30th Jul 2007, 20:59
  #168 (permalink)  
 
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Geez....that explains a lot.....now I know...wondered why the more things change...the more they remain the same..
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Old 31st Jul 2007, 17:59
  #169 (permalink)  
 
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New word for Mr Koheeji

Just reading the various rag articles since A Doses resignation, and in one of them, our Guiding light used the word 'Transparency' on numerous occasions which I found very uplifting LOL. Are Kroll still investigating corruption on our behalf, or have things gone very quiet on that front. Also in these days of 'Transparency' will Joe Public get to see the outcome of their investigation!!! Or will that be conveniently brushed under the carpet. Also in one of the Articles, Mr Naff said that he saw his Role as CEO as being an intermediary between Senior Management and the Board. Sounds more like a Gofer to me. I have to agree whole heartedly with International's comments. There are too many people in Gulf Air who are afraid (for whatever reason) of the changes that ARE necessary to turn things around.
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Old 2nd Aug 2007, 03:56
  #170 (permalink)  
 
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He meant invisibility
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Old 5th Aug 2007, 09:42
  #171 (permalink)  
 
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AD

What do you expect after Swissair saga!!
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Old 6th Aug 2007, 17:11
  #172 (permalink)  
 
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GF lucky to get rid of AD - BN to follow inscha'llah

There you go. Congratulations tubedriver2 in Moscow! As a guy who has worked in all swiss labour camps, Crossair, Swissair and SWISS, I nearly had a heart attack when AD grinned at me out of the Gulf News one morning.
You might think I am just a disgruntled ex-employee of AD? Trust me: these guys are jerks.

In this sense I wish you all the best for the future and keep the blue side up!!
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Old 29th Aug 2008, 02:27
  #173 (permalink)  
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Prophesy!

Quote "Y'all will see in the very near future that MR. MK investigation will stop all of a sudden just for a simple reason: if you dig deep enough, you'd be force to take to the court a lot of very high ranked local guys and don't think this goverment is going to permit that (the **** could stain'em as well, isn't it?"

As you may or may not know, MK was released after not being charged or prosecuted or having any evidence found against MK...but a lot of dirt was found relating to a lot of other people...but they were locals so nothing happened
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