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Old 8th May 2012, 07:45
  #20 (permalink)  
Join Date: Mar 1999
Location: Travelling East
Posts: 253
Probable announcement will be Thursday, according to HR input at latest wash-up.

EK did not reach the profit target for the last year, according to a Gulfnews article on the Arabian Travel Market last week, so I presume that 0% of profit share is a realistic number to work on.

Quote from Thierry Antinori:"The fuel price last fiscal was very high for Emirates. It was an increase of our fuel bill by $1.6 billion. It directly impacted the bottomline of the company, which means that our profit will be down for the financial year ended March 31 in comparison with the record year 2010-2011," he said.

But no increment and no salary increase during a year when reasonable profit was shown would be contary to the desire to be the "Employer of Choice in the ME".

So lets just wait for a couple of weeks, all will be revealed in time.
skyvan is offline