Psychomantic is correct... 1.5% plus 1.5% 6 months later for 2017.
Yes, we are losing money but it's all in how the accounting is done to say we've actually lost "billions". The official tally was a loss of 77 million which I think may be an underestimate... but simply not sure.
I had lunch with one of the recruiters from the last big hiring we did. He mentioned that we will be a little short for the planned summer season and will be looking to hire starting in September for this year.... his words.
For you EK guys:
* Far, far superior quality of life and much less flying
* Less money though (Paid in Lira) and your overhead is higher as well
* People are much nicer and helpful here than I found at EK. (My perspective)
* It's more a commuting contract... e.g., great for Europeans but doable for all
* Equivalent of an ALT each month to anywhere...even not on the route system
* Widebody DEC's get about $750/month for housing (in IST only)
**** NO FATIGUE ****
**** NO ALL NIGHT TURNS ****
Flying about 65-70 hours/mo (Over 70 is overtime). 3 to 4 trips per month - 2 ULR type and one or two short or turn trips.
To reiterate... this is a job for those looking for a Quality of lifestyle change... you won't get as rich here.
My 2 cents
Kap