PPRuNe Forums - View Single Post - When will Emirates financial results be announced?
Old 12th May 2017, 15:47
  #64 (permalink)  
north flyer
 
Join Date: Oct 2007
Location: UAE
Age: 64
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FFS, calm down guys, they made a profit.

Profit margin for EK was 1.5% and the group 2.6%, not great for "some" people, but not bad for a mature airline.

Break even load factor was 64.5%, in the real world that is great, go look at what other mature airlines need.

Employee cost at 14%, at most mature airlines it twice that.

As far as I can tell, they are still trying to hire pilots, and that should matter to us. Sometime you have to read between the lines, and from what I read, a lot of what they are saying is not directed to the pilots, but to the other "employees"
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