PPRuNe Forums - View Single Post - Inflation Inflation! EK what to expect?
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Old 11th Jan 2008, 02:10
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dunerider
 
Join Date: Jan 2003
Location: Oz
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I agree with Schismatic. The price increases after the New Year have been
incredible. Almost every tag displaying the prices on the supermarket shelves
have been manually altered and increased. I think I could conservatively say by 20%.My local car wash is now 30dhs up from 20dhs and the super duper one at the defense round about is now 35 up from the usual 30.(although I must say this is still great value).Now those "happy pilots" amongst us may say this is also occurring in the 1st world. True however my fear is that coupled with the de-valuing US$ and the previous steep inflation in Dubai we are in for a hard year in the hip pocket.EK will address the problem with the usual 3% and perhaps a increase in flight pay of lets say 5%.However,they will get it back in productivity. Certainly factoring will again raise its ugly head along with 24hr layovers in IAH,SFO,YVR and LAX.I wont even mention what will happen with the allowances down-route. My guess is an overall package reduction in relation to the rest of the world of 15% after the review in March.
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