PPRuNe Forums - View Single Post - Ek bonus
Thread: Ek bonus
View Single Post
Old 26th Apr 2010, 23:30
  #24 (permalink)  
LongExcursion
 
Join Date: Feb 2010
Location: Dubai
Posts: 21
Likes: 0
Received 0 Likes on 0 Posts
Some of us have got short memories: they did after all guarantee there'd be no redundancies during the downturn and they actually managed to keep that promise, largely. Some not so lucky at CX and SQ. Not many know how close EK came to buckling financially during the GFC. Too much leverage and mismanaged cashflows almost saw another asset sold to our Abu Dhabi neighbours. Grass is always greener if constantly looking over the fence.
LongExcursion is offline