Topic: Kenyan pilots earn double what Africa’s most profitable airline pays its pilots despite flying one of Africa’s biggest loss-making carriers  (Read 278 times)

0 Members and 1 Guest are viewing this topic.

Kenyan pilots earn double what Africa’s most profitable airline pays its pilots despite flying one of Africa’s biggest loss-making carriers

undefined
   
   
   
       
       
           
               
                   
  • Kenyan pilots are among the highest paid officers in the region compared to their counterparts in rival airlines.
  • Kenya Airways CEO Sebastian Mikosz confirmed that its senior pilots earned more than their counterparts in rival airlines.
  • Senior KQ staff in the rank of captain earned an average monthly salary of Sh1.6 million ($160 000), double what pilots of Ethiopian Airlines earn per month.

               
           
               
                   

Kenyan pilots are smiling all the way to the bank despite the airline continuously making losses running into billions.


               
           
               
                   

Kenyan senior pilots are among the highest paid officers in the region compared to their counterparts in rival airlines.


               
           
               
                   
                  Kenya Airways CEO Sebastian Mikosz                 
Kenya Airways CEO Sebastian Mikosz
               

               
           
               
                   

Also read:  Kenyan government eats humble pie and quietly backtracks on its plans to merge the Kenya Airways with the Kenya Airports Authority


               
           
               
                   

Kenya Airways CEO Sebastian Mikosz has confirmed that its senior pilots earned more than their counterparts in rival airlines.


               
           
               
                   

Mr Mikosz told the parliamentary committee that senior KQ staff in the rank of captain earned an average monthly salary of Sh1.6 million ($160 000), double what pilots of Ethiopian Airlines earn per month.


               
           
               
                   

Kenya’s national carrier currently has 400 pilots.


               
           
               
                   
                  Kenya Airways captains attend a meeting as they participate in a pilots strike organised by Kenya Airline Pilots Association (KALPA) at the Jomo Kenyatta International airport near Kenya's capital Nairobi, April 28, 2016.                 
Kenya Airways captains attend a meeting as they participate in a pilots strike organised by Kenya Airline Pilots Association (KALPA) at the Jomo Kenyatta International airport near Kenya's capital Nairobi, April 28, 2016.
               

               
           
               
                   

Kenyan pilot’s fat cheques are in sharp contrast to the airline financial woes compared to Ethiopian Airlines which is the largest and most profitable airline in Africa.


               
           
               
                   

So effective is the Ethiopian Airlines model that the carrier has been profitable every year this decade, a run never seen in the African aviation industry.


               
           
               
                   

The carrier has since expanded beyond its home market with a hub model that pulls in passengers from around the world to Addis Ababa and sends them onward to cities across sub-Saharan Africa.


               
           
               
                   
                  Ethiopian Airlines plane. (The Standard)                 
Ethiopian Airlines plane. (The Standard)
               

               
           
               
                   

Also read: Kudos to Ethiopian Airlines for standing up to Boeing and proving to the world that the era of African companies being bullied to submission is over


               
           
               
                   

Ethiopian fleet is dominated by new aircraft models including the Boeing 787 Dreamliner and Airbus SE A350 wide-bodies, as well as 737s.


               
           
               
                   

On the other hand, Kenya Airways, which is majority-owned by the Kenyan government with 49 per cent, has been in the red for years.


               
           
               
                   
                  Kenya Airways                 
Kenya Airways
               

               
           
               
                   

The airline posted a Sh6.1 billion ($61m) after-tax loss for the nine months ended 31 December 2017.


               
           
               
                   

The airline cut its losses by 30.8 per cent in its half-year results for 2018. KQ posted a pre-tax loss of Sh 3,992 million for the period ended 30th June 2018 compared to Sh 5,771 million in 2017.


               
           
               
                   

Kenya Airways has a fleet of 32 aircraft some being the youngest in Africa. This includes its flagship B787 Dreamliner aircraft.


Source: Kenyan pilots earn double what Africa’s most profitable airline pays its pilots despite flying one of Africa’s biggest loss-making carriers

- gist culled from pulseng