Here is the link to the annual report.
Annual Report | Facts & Figures | The Emirates Group
Have a look at the Financial Information 2011-2012 document with respect to expenditure and
Employee Cost as % of Total Operating Cost:
2007-2008-15.9%
2008-2009-14.3%
2009-2010-15.9%
2010-2011-15.6%
2011-2012-
13.1%
A huge relative reduction in employee cost as a percentage of total operating cost for which you can be damn sure the SVP/EVP/SVEPP/SPVDDVP's, etc, etc, etc will
all be receiving a considerable "performance" bonus (every senior manager in Flight Ops) on the back of your considerable increased productivity for the year.