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Old 20th May 2009, 18:30
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mini cooper
 
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So they have been delaying the end of year report and cooking the books so that we get no bonus..................they could have published the report and given us no bonus on time, why all the delay?

The delay is probably due to EK watching the financial markets, trying to sense the markets feelings!

A bonus given due to decent profits (real or virtual) for last year would save some face when compared to the bonuses of Air Arabia, Eithiad, Qatar etc. More importantly I think is that EK publishing a profit sends out a positive signal from Dubai, which needs something positive now. It also sends out positive signals to the people who finance the future aircraft orders. EK not making a profit last year would be worrying for Dubai and Boeing / Airbus.

Though I have no inside knowledge and will probably be proved wrong, I think we will get a bonus this year purely because it is important for EK to have made a profit!! Hence they are cooking the books as best the can to make it so!!!!
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