PPRuNe Forums - View Single Post - When will Emirates financial results be announced?
Old 12th May 2017, 16:58
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notapilot15
 
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They pick big numbers and highlight them.

The published 64.5% break even load factor is for cargo, with a overall load factor of 65%. 0.5% away from making loss on cargo. Also the cargo BELF jumped 4.1% points from last years 60.4% Bad news. See page 95.

They didn't publish BELF for passenger seats.

Employee cost is 15.6% total operational cost.
Revenue per employee is the lowest in the decade, not because employees are not working hard, because they keep hiring.
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