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EK Financial Results Announcement

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EK Financial Results Announcement

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Old 23rd Apr 2015, 07:30
  #21 (permalink)  
 
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Originally Posted by VLS with ice
Mr good cat,

With one month easily covered for leave, groundschool, ppc's etc you have 11 months for 1000 hrs. That equals 90+ a month, it will actually be closer to 100.
I think you missed my irony-indicator!

I meant that 90 hours would be a luxury compared to the monthly totals in the future which can only be 100 every month.

Stand by for a pay rise of 3% with a removal of the 92 hour overtime threshold in return, resulting in 100 hour months as the norm. Good luck with that one.

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Old 23rd Apr 2015, 07:38
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95 hours confirmed as new normal at washmeeting this week

I went through a recurrent "wash up" this week and we were told that 95 hours will be the new normal for the next year until recruitment can catch up.

I interept this as 95hours being the new norm not or the next year but for ever, very few of us remember the 80 monthly limit prior to 2009.

We also need to remember that we are still paid for 80 hours of flying and not for the additional ten hours we are now flying.

I agree with the previous post 100 hours will be the new reality.
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Old 23rd Apr 2015, 07:57
  #23 (permalink)  
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I think you are flying an Extra 12 hors Desdi, 92 would be the norm at the moment.
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Old 23rd Apr 2015, 08:48
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I just found out that the UK elections are May 7 and that doesn't bode well for us pilots. Emirates will try to bury our shafting with all the coverage of the election, plus the 7th is a Thursday so they will announce a dismal bonus around 3pm and quickly leave for the weekend.
The bonus has to be 15 weeks.
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Old 23rd Apr 2015, 09:56
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In the past when they have had good results to announce they have adjusted the date to avoid clashing with other newsworthy events, so it seems unlikely they would go for the same date as the UK election.

They will announce a record profit. They just might not share it, but the media won't care about that.
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Old 24th Apr 2015, 09:24
  #26 (permalink)  
 
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They will announce a record profit. They just might not share it, but the media won't care about that.
When have they ever not shared it?

Even if you assume they under-state their profit (which I don't think they do) they have always distributed the profit share as per the stated formula.

The Joker in the pack is how big a dividend they give to the Dubai government, but aside from that they have never given less than the stated share of profit above target.
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Old 24th Apr 2015, 09:48
  #27 (permalink)  
 
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Gentlemen - it's not the profit share that you should be concerned about but rather the pay review.
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Old 24th Apr 2015, 10:01
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All I wish for is to see one of the "veterans" come up with a solution to combat the pilot shortage

Apparently EK is struggling so bad that only short term solutions are on the table .

Increasing hours / lowering requirements (hopefully for the sake of our children not standard) is no answer

The media is uncovering the truth about EK .. And any pilot with a tablet/smart phone with some wits about him/her will quickly discover this is a dying job and has burned its trick box .

I wish all potential candidates success but I urge them to do a bit of a research before they get too involved
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Old 24th Apr 2015, 11:31
  #29 (permalink)  
 
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Originally Posted by Am NOT Sure
All I wish for is to see one of the "veterans" come up with a solution to combat the pilot shortage

Apparently EK is struggling so bad that only short term solutions are on the table .

Increasing hours / lowering requirements (hopefully for the sake of our children not standard) is no answer

The media is uncovering the truth about EK .. And any pilot with a tablet/smart phone with some wits about him/her will quickly discover this is a dying job and has burned its trick box .

I wish all potential candidates success but I urge them to do a bit of a research before they get too involved
Short term solution! Anyone see today's company notams? WOW!!
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Old 24th Apr 2015, 11:58
  #30 (permalink)  
 
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Silky,

You mean WRT CI?

IF this is down to minimising flying hours for the crew, it's an INCREDIBLE admission that thing have gotten critical!
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Old 24th Apr 2015, 12:04
  #31 (permalink)  
 
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Not often speechless but that is a mind-blower....

If someone had posted that notam here I would have assumed it was a very late April Fools exercise.

Whatever can it mean?
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Old 24th Apr 2015, 12:08
  #32 (permalink)  
 
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Surely it can only mean that schedules are so unrealistically tight, CI400 is the only practical way to crew them while keeping duty times to a minimum. Or fuel is about to become incredibly cheap. Yes, they must be desperate.
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Old 24th Apr 2015, 12:10
  #33 (permalink)  
 
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Well, save 5 mins a sector per pilot, 3700 pilots doing, what? 200 sectors a year, equals 60 000 hours odd, or around 65 pilots a year doing 900 hours they don't have to recruit.

And it's only going to cost them and the environment a few tens of thousands of tonnes of fuel........
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Old 24th Apr 2015, 12:29
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Wow...this can only mean one thing - a serious increase in our package! Paying the two guys up front an extra 20% per month would roughly cost less than one average sector at CI400. They may be stubborn, but there's no way they will be happy throwing that much money away. As we all know, money rules over everything with these guys therefore paying us a bunch more and attracting new recruits is the cheapest option.
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Old 24th Apr 2015, 12:35
  #35 (permalink)  
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The word desperate comes to mind
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Old 24th Apr 2015, 12:38
  #36 (permalink)  
 
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Yes, they must be desperate.
Was my 1st thought when I read the notam, bloody noisy to at .854 at FL280

This looks as though it's a bandaid on an arterial bleed, and I wonder if it's coming out of a departments budget that's been running at a surplus etc, such that it will merely be hidden later on i.e. Idle reverse? Brake wear v fuel burn.
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Old 24th Apr 2015, 13:01
  #37 (permalink)  
 
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I completely ignored the directive...it could be for political reasons...?
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Old 24th Apr 2015, 13:08
  #38 (permalink)  
 
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A picture paints a thousand words!
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Old 24th Apr 2015, 13:38
  #39 (permalink)  
 
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Lets Review:

*Protect the hub
*RTA
*Go fast
*Go slow
*Go really slow
*Protect the gates
*CI 400

Call Homer, there is a meltdown at the reactor!!
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Old 24th Apr 2015, 13:43
  #40 (permalink)  
 
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I completely ignored the directive...it could be for political reasons...?
Possibly due to the GCAA looking to save face after the WSJ article- stand by for sign-on to be 1:30, which will make some turn-arounds impossible unless we go fast.
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