PPRuNe Forums - View Single Post - Why No Thread About Profit Share Yet?
View Single Post
Old 12th Mar 2014, 08:40
  #30 (permalink)  
Master Caution
 
Join Date: Mar 1999
Posts: 61
Likes: 0
Received 0 Likes on 0 Posts
Standing by to be flamed but:

$2.6B profit on 100B turnover is a 2.6% margin. Not something I would consider acceptable on anything I would invest in.

Dividend is 1.4% for shareholders.

2.99 months profit share was paid in 1989 on 20% margin - i.e. 20BN + profit on current turnover.

No excuse for any managers to take anymore than the profit share though.

Back to the pay negotiations - since future years look brighter as this result is with the cargo part of the airline severely underperforming.
Master Caution is offline