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The Announcement May 9th

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The Announcement May 9th

Old 8th May 2013, 06:35
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The Announcement May 9th

Last year:

"The group's profit target for this financial year ending 31st March 2013 is Dhs3.5 billion. What can we do to achieve it?"

Six months ago, after making 2.1bn profit:

"I'm extremely pleased with the financial results and with your achievements these past six months. If we keep up the momentum, I have no doubt that we can reap rich dividends at the end of the financial year."

Shouldn't we all be expecting a rich dividend then?
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Old 8th May 2013, 06:50
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Some will win, some will loose
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Old 8th May 2013, 06:58
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Journey Fan, huh?

Please leave the room quietly.
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Old 8th May 2013, 07:16
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Where is the info regarding an Announcement May 9th ?
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Old 8th May 2013, 07:52
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Mr Good Cat "Stevens"

It's "Just Another Night", now "Morning Has Broken", we're "On The Road To Find Out". Just find "Where Do The Children Play?". It's a "Wild World", but "If You Want To Sing Out, Sing Out".

Me, "I'm Gonna Get Me A Gun" and travel on "The Wind" in the "Peace Train".

I thank you, Taxi
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Old 8th May 2013, 08:01
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Before someone gets up and starts singing "Danny Boy" ! Has there actually been an announcement of the "announcement

Last edited by drop kick; 8th May 2013 at 08:02.
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Old 8th May 2013, 08:16
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Emirates Airline to announce operating results on Thursday, says Sheikh Ahmed bin Saeed

May 8, 2013 - 01:30 -
WAM DUBAI: Emirates Airline will announce its operating results for the financial year 2012/2013 (April 2012 to March 2013 ) this Thursday noting that the carrier's profits have registered good year-on-year growth.

Sheikh Ahmed said the results are much better than last year, in terms of revenues and profits and noted that improved performance of carriers is attributed to seat capacity growth.

He said that Emirates was able to achieve the good results despite the increasing fuel prices.

He also noted that the carrier invested some AED500 million on its cargo center at the new Al Maktoum International Airport which will be operational after 18 months as Emirates plans to move all of its freight operations to the bigger airport in the future.

WAM/MMYS
If I can get the link to work:
WAM
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Old 8th May 2013, 11:24
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I see we have gone from "reaping rich dividends" to "posting good results". Ah well, all be revealed tomorrow.

Cat who?
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Old 8th May 2013, 13:54
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Here's my prediction; 3.1B profit. No profit share, no pay rise, no step.

At least I'm setting myself up for a pleasant surprise if it's better than that.

Better than all the cabin crew who still think it's going to be the best profit share ever. There's gonna be a lot of disappointed campers out there.

The question we have to ask is...why has EK all of a sudden become a loss making juggernaut? (in the last few months)
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Old 8th May 2013, 14:18
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STDO....

Lots of sold seats...low yield...
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Old 8th May 2013, 16:54
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Quote Oil Prices

The old chestnut about how tough it is with such high oil prices cutting into profits, don't they realise we can look at the average price of any oil stock over the last year and see the price trend for ourselves?

Quoted form above
"He said that Emirates was able to achieve the good results despite the increasing fuel prices."

For example lets take a look here>>>

Oil 5-6-2013 | Market Weekly Update

Last edited by jack schidt; 8th May 2013 at 16:54.
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Old 8th May 2013, 18:21
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Sheikhthedripsoff,

You might be right on most counts, although a hope your not. 3% step at a minimum is my hope... I do think the profit will be over 4 billion drm. Should be interesting.
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Old 8th May 2013, 19:43
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ICAO is reporting fuel prices down 17 percent

Last edited by SOPS; 8th May 2013 at 19:44.
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Old 9th May 2013, 05:43
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It's all about managing expectations!!! Personally I don't have a clue. That's the way EK wants it. We just have wait and hear.
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Old 9th May 2013, 05:46
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3 plus 3 gets my vote
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Old 9th May 2013, 06:10
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Lads,

Does anyone know around what time the announcement is to be made? Late morning... Afternoon ... 5pm ?

I'm not sure what time they've announced in years gone by. My memory is shite after 18 years of night flights.
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Old 9th May 2013, 07:12
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Normally about 11am
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Old 9th May 2013, 07:15
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wouldnt it have been nice to announce the results to the employees first...ahhh how naive...
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Old 9th May 2013, 08:19
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In the Lambo dealership...ready to drop the deposit, any news?
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Old 9th May 2013, 08:45
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Do it

Falcon do it, 20 weeks!
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