PPRuNe Forums - View Single Post - EK to Decommission 50%+ of Airbus A380, Axe 1/2 of Pilots & Cabin Crew
Old 10th Jul 2020, 07:25
  #505 (permalink)  
WB1900
 
Join Date: Sep 2015
Location: Stuttgart
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Originally Posted by 5star
indeed, this sums it up...”root cause”, straight from the training sylabus...
Oh yeah, did someone take notice they hedged fuel last year at $55 for more than half the volume for the next 2 years, while crude’s at $40...
Another blunder on the 9th floor which we all slaves now pay cash....
Does anyone remember CM? He made a plan for a total turnaround 3 years back...But he was bullied away by TC...Now where do tey stand.....
Ten thousands (no typo) have been made redundant in Dnata and EK over the past few weeks...
This will not end well......And the impact on Dubai...”nothing to see here, move on..Expo coming...all good”....
anual report 2020
cash 20.2bnAED
jet fuel cost 26.3bn
average spending on oil 76/barrel USD
employee costs -4% compared to 2019

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