PPRuNe Forums - View Single Post - EK Profit Share
Thread: EK Profit Share
View Single Post
Old 1st May 2005 | 14:36
  #54 (permalink)  
Ghostflyer
 
Joined: Feb 2000
Posts: 455
Likes: 0
From: Bit nosey aren't you
DN,

You are right in that an across the board pay increase would be a significant extra expense. However, EK's personnel costs are extremely low compared to the industry average. Our employees cost us about 17.5% of the airlines total operating costs. Even a 15% increase would only boost the employee costs to around 20% which would still be considerably less than say BA or even SIA!

Ghost
Ghostflyer is offline  
Reply