PPRuNe Forums - View Single Post - EY-Where is all the money going?
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Old 12th Mar 2009, 19:29
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shortfuel
 
Join Date: Dec 2004
Location: Between Vedex and Murag!
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I can try to report fact and figures (randomly) I heard yesterday and you discriminate what's good or bad :

- 2009, challenging year in terms of revenue
- only 73 (co)pilots hired this year (+26 cadets joining the fleet in 09)
- recruitment to re-open this late summer (recruitment dept. overwhelmed by CVs...)
- no increase in schooling allowance planned
- consolidation and stability in many operations fields (rostering,...)
- 10 (or 11?) new a/c
- introduction of airport SBY for flight crew (still on planning stage) associated to backup a/c A320, 330.
- cockpit crew facilities to improve at EY Training Academy
- new 777 sim to operate in June/July
- 40 upgrades this year
- IST, LCA, ATH to open in june, ORD in september
- Only one layover on 320, MSQ, for summer season
- A320/B777: overnight flights to be paired on set patterns (with day flights, OFF and SBY)
- we are around 7000 employees, number to triple during the next 6 years.
...

Talking about money, I could not figure out how much money EY was eventually losing with its current fuel hedging plan...no figures presented.
All we know is that "we are doing good with our fuel hedging plan"...good? compared to what,who?...
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