Kingfisher floating like a Frog
 

Well we've heard about KF sinking and rising but neither have happened yet so here's the new thread..floating like a frog.Just heard that Lufthansa Technik have got a court order to have their inventory returned to them.The KF story is pretty amazing , you think they're going down but they stay afloat , then you think they're going up but then you hear that they're going down...would someone from the management give a clear picture on what's really happening....I guess they won't as I don't think even they have a clue..:ok:

Now that u ve started this thread let me give u an interesting info..
As a lot of u know kingfisher airlines has leased those planes from some companies in ireland, france etc..
it is said that that KFA almost owes a lot of money to those guys..
but the twist in this issue is .. who owns those companies ?;)

Also I doubt if KFA will ever see a strike by the employees like Jet and AI did ..

Even VJM knows sometimes what he is doing :cool:

For now VJ's Force India F1 team is making news..... :confused:

Whats in the the tank buddy
 

Force 1 had some bagpiper in the tank so that worked good for them.

The frog that is now floating has some helium in the tank so that's making him float

Management is not speaking as they are on an austerity drive and not using their phones

Overall he was smacking his lips at wet leasing some of his grounded aircraft to AI. Guess that wont work now

:p

even before the AI strike there was talk of air india leasing 330's from kingfisher.

Overspend - this is the crux of KF's demise.

Capt's taking so much extra fuel, pilots taking FCOM's from flight decks, rostering being a complete shambles... I could go on & on & on - you get the point.

From management to ops staff - no one has a clue of how to run this airline. The amount of money spent to date is just amazing. I'm sure KF were not the only airline guilty of this crime, however, their problems seem to have floated to the surface for the whole world to see.

India clearly wasn't ready for the explosion it's aviation sector experienced some 4-5 years ago, & now operators are paying the price.

It's awful when you hear lessors issuing summons for aircraft to be returned to them, but KF has to formulate a plan & quickly to gain a bit more solvency & stability in a hostile & cut throat environment.

VJM has said it before & continues to think it - everything has a price & if that means selling KF - then he will. After all, his pockets are only so deep.

People in the upper echelons of this company need to take some responsibility, become more transparent & be a bit more accountable of the actions they take on behalf of the company.

Here was an airline with a vision for the future & a new vision for Indian aviation, & yet the same old **** which usually ends up souring most good ideas in India bit them so hard on the ass - & now it's starting to hurt.

I do hope KF pull away from this lull, for there are many good souls there who do want to make it right.

I don't fly for them any more, but I wish them luck. However, I think this time the writing's on the wall.

:D
Thats pretty old news,ive heard that all in KFA get a month roster now,fuel is taken according to requirement ,tankering sectors kept in mind,infact KFA is doing roaring business,better than her conterparts.

Actually i agress with WOW99
KFA loads have picked up..
but theres still a long way to go before they are in the greens..

KFA
 

It seems all managements in India don't know how to run their companies as various threads are suggesting. What all are forgetting is that the Indian Aviation industry has seen one boom and this was their first bust. Hope all learn from it.

This is not unique to aviation but all industries in India are scrambling to learn from the last bust. After all most CFO's of these companies were still in High school when the last big bust (1987) happened. Since then they have only seen an upward curve.

In the same token most professionals (pilots included) have till date seen poaching, unreal rise in salaries, abundant job opportunities and job security like in no other place/time in the world. They are also going to have to learn to live with salary cuts, unemployment, repo of houses and cars and other such alien things in life. Remember India as a capitalistic economy is barely 18 years old and this is first big dip it has seen. Also for people who have seen falls in the past this was nothing as compared to outside India and the recovery has been swift compared to 10 years in the 30's and 8 years in the 80's.

Trust me the next one will hit all harder and that time around there will be more sob stories going around.

As an SLF as long as the equipment is well maintained and my travel is incident free, I am just lovin it!

What India has yet to learn is that lessors, suppliers and the like need to be paid. There is no goodwill left and with KFA being by far the worst, they will be the 1st to reap what the have sown.

They are paying with flight coupons which are trade able :ouch:

Now wonder what the exchange rate is?

Exchangeable for beer? Why didn't they stick to what they were good at?

Just how many a/c does KFA have grounded now?

puff
 

hard landings ahead...seems pilots are fleeing again:confused:

^^^ Pilots fleeing again!!!

does that mean Job Openings Soon?

or they have their Trainees still waiting in the line?

Sort it out boys and girls!!

rising....
 

The good

Monthly roster online...no calls!
Salary on the 7th..no later or earlier!
New routes on the anvil
Better utilisation of crew/fleet
A lot of new initiatives w.r.t to recurrent sim trg
@70 hrs....the best paymaster!..yes thats a fact

The bad

Training/Rostering coordination ...the less said the better!
Erstwhile Deccan employees still feel secondary...time shall heal that hopefully..

The Ugly

??


Cheers

wannabee
 

I would advise you to use the search tool on your doo hicky and type sullenberger and watch a few interviews he has given... particularly his deposition to a Senate committee shortly after the 1549 incident.

Your so called love for incident free flying as an SLF will be short lived if you are asking pilots to worry more about impending job losses, salary cuts and repos (where did that come from?)

Tight monetary times mean serial MEL/CDL's compromising airworthiness.... lower salaries which are not justified by the astronomical cost of training will attract people with money to blow rather than a love and aptitude for flying.

To be the best you have to attract the best which in our context means the most able and competent.

Don't ask me to give my 100% in the FD when I have to worry if my kids are gonna get fed the next month. Sorry to burst Utopian safety bubble but how we are treated has a direct corelation to our performance and your so called inevitability of degrading TnC's will ensure that your happiness is short lived.

Aviation is not unique in its cyclical nature.... every industry.... I would say economy goes through its troughs and ridges and you pointing fingers only at aviation is naivete at its worst. Granted if the economy sneezes aviation catches a cold... hence the extent of fluctuations is more pronounced in air transport.

Salaries are direct corelation of supply and demand. If you recall the IT boom and exorbitant salaries IT professionals were pulling, and the subsequent bubble burst where the same 'sob stories' as you so apathetically put it were literally that..... sob stories. Once again not unique to pilots. We have seen severe downturns in the mid nineties.... and one right now. Our memories don't entirely comprise of rising sals/poaching etc etc but stark realities of having spent tens of thousands in training costs and nothing to show for it.

My guess is, if it is true, im sure it would be on the news by now!

I am assuming you still get paid a salary if you have a job and the airlines are not single handedly responsible for the downfall of the global economy. You and the aviation industry are not alone in this boat. But there are ups and downs and cycles and one has to learn to adapt to them.

Sorry about how you feel but in a chosen career if you are employed and drawing a salary then one needs to give 100%............anything less should be treated as pure dereliction especially if so many souls are counting on you.

So therefore if you don't give 100% then it means many more kids having to worry if their parents will come home in the event of an incident because there was one unhappy camper who was unable to separate his personal and his professional life.

As far as maintainence shortcuts same argument applies to the airlines. 100% or stop flying. Enforcement is another issue and financial that is another issue......... it never ends till at least someone gives 100%.