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EK Financial Results Announcement

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EK Financial Results Announcement

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Old 6th May 2015, 11:59
  #141 (permalink)  
 
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Target for 2014-2015 is 3.9bn Aed and we made 2.1bn during first 6 months....

With all factors included it looks like we're getting something between 13-15 weeks...
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Old 6th May 2015, 12:06
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STC has publicly stated 2 nd best profit , prepare to be disappointed tomorrow .
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Old 6th May 2015, 12:16
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When your life is a cartoon.

Sounds painfully familiar, Yet it's supposed to be funny. Remember they already took the sandwich (See T/C) and are handing you back the crumbs.




Last edited by 120feet; 6th May 2015 at 12:27.
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Old 6th May 2015, 12:34
  #144 (permalink)  
 
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You Rock, I'm of the same opinion. 14 weeks if EK was the same size...

How big are we now compared to 2011? If we doubled, it will be 7 weeks, if the company was 2/3rds of what it is now, it will be 9.

The profit share is not the key here. I'm looking forward to know about the pay review, allowances, etc.
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Old 6th May 2015, 12:44
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Originally Posted by delorean79
You Rock, I'm of the same opinion. 14 weeks if EK was the same size...

How big are we now compared to 2011? If we doubled, it will be 7 weeks, if the company was 2/3rds of what it is now, it will be 9.

The profit share is not the key here. I'm looking forward to know about the pay review, allowances, etc.
We are 3000 people bigger since 2011. In the grand scheme it ain't that much more to share around
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Old 6th May 2015, 12:46
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Originally Posted by You rock
We are 3000 people bigger since 2011. In the grand scheme it ain't that much more to share around
And yes I really don't care about profit share I'm with the rest on here. More lifestyle more pay

Regards
Yr
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Old 6th May 2015, 14:15
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Over the next 3 months we will see:

4 weeks profit share

8% increase in basic (inclusive of step if you get it)

10% increase in flying hours

Banked leave being purchased back

Some kind of re alignment with allowances and flight pay ie removal of allowances and increase of flight pay


And just to keep you motivated

http://youtu.be/I4qh_9vH1Ww


Kempus
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Old 6th May 2015, 15:03
  #148 (permalink)  
 
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I'm not planning on anything but I think 4 weeks, given the fact it's the second biggest profit ever, would be scandalous and serious questions would have to be asked - hopefully during the Q&A session after the announcement.
Sadly (or not depending how you look at it) I'm on a trip tomorrow so wont be able to be at the meeting or will know the outcome until much later in the day.
I wont predict anything but anything less than 12 weeks and I would say we have been well and truly diddled.
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Old 7th May 2015, 05:20
  #149 (permalink)  
 
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Cloud Bunny, I'm also crushed not to be attending the presentation but I'm comforted knowing that four floors of drones will be instructed by their supervisors to down tools and wave the flag when the time comes.




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Old 7th May 2015, 07:36
  #150 (permalink)  
 
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Mr Staynes, they can increase flight deck pay without giving the whole company a a pay rise. They can also increase pay for the rest of the company and give us nothing. The system is designed that way to cope with recruitment problems and is why we have separate grades (FDxx instead of EKxx). I believe the engineers have a similar system.
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Old 7th May 2015, 07:43
  #151 (permalink)  
 
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Cloud Bunny, I'm also crushed not to be attending the presentation but I'm comforted knowing that four floors of drones will be instructed by their supervisors to down tools and wave the flag when the time comes.

Probably not a good day to go in about being moved to meydan! No one will be there😜!

Any guessing on this years profit share target, I'm guessing it will be quite LARGE!!!
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Old 7th May 2015, 07:45
  #152 (permalink)  
 
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Arabian Business reporting 1.5 Billion USD group profit, if the target is 3.7 billion aed then that makes it 5.5 billion, so by my numbers that equals 1.8 billion above the threshold, makes me think around 13 to 14 weeks adjusted for employee group of 3000 people since 2011.

however probably incorrect

regards

YR
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Old 7th May 2015, 07:47
  #153 (permalink)  
 
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http://m.gulfnews.com/business/aviation/emirates-group-profits-up-34-per-cent-1.1506587

Don't get too excited, not really stellar profits. Expect 5 or 6 weeks
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Old 7th May 2015, 08:41
  #154 (permalink)  
 
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Do remember it's 25% of the profit over the target .
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Old 7th May 2015, 10:09
  #155 (permalink)  
 
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Anyone know what the disappointment factor is yet??? this financial results app is another chocolate teapot from the IT department.... those guys should get a pay cut!!!
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Old 7th May 2015, 10:13
  #156 (permalink)  
 
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EGIT at their finest again , what a joke!
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Old 7th May 2015, 10:15
  #157 (permalink)  
 
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This annual report app is crap. it doesn't work.
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Old 7th May 2015, 10:15
  #158 (permalink)  
 
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Another EGIT app that failed
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Old 7th May 2015, 10:16
  #159 (permalink)  
 
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I hear 9 weeks
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Old 7th May 2015, 10:17
  #160 (permalink)  
 
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Yep, same - 9 weeks.
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