Found a piece on Wiki with Maurice quoted as saying Emirates had made "a modest profit for 2008-2009". Lost the link but if you Google "Emirates Financial Results for 2008-2009" you'll find it.
It also mentions the results have been delayed. Call me a cynical b*ger but I reckon they delayed releasing them to get past the pay reviews and so they could give the spin about what a difficult year it was. They'll release them in a couple of weeks announcing a few hundred million dollars profit, sure -small compared with previous years but still very substantial in relative terms for any business in this climate. Freezing pay etc will only wash for a short time, when staff see these results and the fact the Company is still making bucket loads there will be eruptions and they know it - there just not sure how they can massage the figures to hide it
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