PPRuNe Forums - View Single Post - The Announcement May 9th
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Old 10th May 2013, 09:49
  #120 (permalink)  
lospilotos
 
Join Date: Jun 2008
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According to the financial report employee costs were 9 billion dirhams. I guess this includes all allowances and flight pay so the basic salary for all employees would be a bit less that this. But just 9Bn / 52 / 2 weeks equates into some 346 million dirhams. So now when they donīt have to pay this it pretty much comes to the same profit for the owner in the end of the day. Hopefully the profit target for 2012/13 included the intention of the 3% raise so still hoping for the best, but fearing the worst...
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