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EK results out

Middle East Many expats still flying in Knoteetingham. Regional issues can be discussed here.

EK results out

Old 12th Nov 2016, 03:57
  #61 (permalink)  
 
Join Date: Mar 2003
Location: uae
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Maybe trump will not allow the ME3 to buy Beoing products, how would that work out for the US
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Old 12th Nov 2016, 04:54
  #62 (permalink)  
 
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Why would Trump not allow the ME3 to buy Boeing? He's a businessman after all. If anything, I could see the ME3 threatening to cancel orders to try and pressure (extort, really) the US to not implement protectionist policies. That would be just their style. Problem is, that leverage isn't what it once was: the days when fleets would double every couple of years are over. When's the last time everyone got giddy over some big airshow order announcement? If anything there's overcapacity now. As evidenced by EK's falling load factors and big profit drop. Sorry Timmy, can't blame this one on the price of oil or the Russian ruble.

Sure, if EK or whomever cancelled a big Boeing order it would hurt. I'm sure Boeing would hate to lose the sales to Airbus. (Assuming Airbus has the aircraft the ME3 need - I would guess EK has operational reasons for operating 160 B777's with plans to acquire the B777X?)

But if you think the US needs the ME3 as much as airlines need airplanes, you might want to take a course in logic.

Last edited by nolimitholdem; 12th Nov 2016 at 05:08.
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Old 12th Nov 2016, 05:49
  #63 (permalink)  
 
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Al Baker and Trump are known "friends". In fact, didn't The Donald rank as guest of honour when Qatar Airways initially launched their first ever direct services to the USA some years back? (Admittedly, using an Airbus A340-600HGW).

In general terms, I don't believe Trump will ever block the ME3 from buying Boeing products. Remember the regional military connotations as well.
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Old 12th Nov 2016, 07:12
  #64 (permalink)  
 
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"Al Baker and Trump are known "friends".

Was Al Baker at Trumps wedding along with Hillary?
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Old 12th Nov 2016, 12:00
  #65 (permalink)  
 
Join Date: May 2006
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I'm not sure it really means much but Al Baker was on Quest/CNN welcoming Trump's appointment and saying it was good for the ME3. Quest also referred to his "friend" Al Baker being friends with Trump.
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Old 12th Nov 2016, 15:51
  #66 (permalink)  
 
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Also, don't forget all the property developments that old trumpy boy is involved in, akoya etc.
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Old 12th Nov 2016, 20:44
  #67 (permalink)  
 
Join Date: Sep 2005
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Ahhh...it's reassuring to see WK's comments meeting their usual high standards!

I would have thought your mood would be better these days, surely the rosters have improved with the declining routes and loads?
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Old 13th Nov 2016, 09:17
  #68 (permalink)  
 
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Fromagio:
The property development has nothing to do with him personally he just sold his name to promote these developments.
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Old 13th Nov 2016, 18:42
  #69 (permalink)  
 
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Numbers for the Press

See the Word document underneath the HQ photo

http://www.emirates.com/media-centre/emirates-group-announces-half-year-performance-for-2016-17

Nearly 104000 staff in the Group overall, up 9% in the past 6 months alone.
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Old 13th Nov 2016, 22:16
  #70 (permalink)  
 
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Originally Posted by fatbus View Post
Maybe trump will not allow the ME3 to buy Beoing products, how would that work out for the US
Do you know how much of the $12 Billion B777X program is subsidized? $8 Billion by Washington State. Boeing never going to make a penny on B777X.

This not including heavy discounts and EXIM finance Buy 7 Get 1 Free offer on B777s.

US Tax Payers giving away planes in turn to dump capacity on us. We are deeply involved in the region and need help from actors in the region, so give subsidies.
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Old 15th Nov 2016, 15:40
  #71 (permalink)  
 
Join Date: Oct 2006
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Originally Posted by DCS99 View Post
See the Word document underneath the HQ photo

Emirates Group announces half-year performance for 2016-17

Nearly 104000 staff in the Group overall, up 9% in the past 6 months alone.
this and pretty much this alone is the problem. Sure lots of external factors but an organisation of over 100k people can't change direction even if it wanted to, there are just too many vested interests in keeping their silo stocked up.
An enormous bloated level of dsvp, svps, evps, vps and on and on act as a huge anchor on anyone trying to change. A policy of always using internal resources instead of using outsourcing means that IT and marketing especially are massively bloated.
All I can foresee is job losses, and despite the massive top heavy makeup of all of the bouncy castle it will be the bods at the bottom that feel this
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Old 15th Nov 2016, 16:06
  #72 (permalink)  
 
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Groundstaff at outstations have been told any staff that leave won't be replaced. An already stretched workforce at the operational end will be even more overworked, the standard of service will drop further and we'll lose yet more customers and staff who simply can't cope with it any more.

On a recent A380 ULR returning to DXB, no pyjamas were provided for the 7 paying first class pax (forgot to be loaded ex DXB), and there was hardly any choices in the first class menu (outstation catering didn't load enough). Did anyone care? It wouldn't appear so. Treat your staff like shit and that's the level of service that the customer ends up getting. A great pity this airline has gone this way.

Meanwhile, the oxygen thieves in EGHQ continue to consume Costas at record levels while the ship sinks around them. We can only hope CM makes cuts where they can actually be afforded, and where they won't actually be missed.
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Old 15th Nov 2016, 17:20
  #73 (permalink)  
 
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Any idea why they needed 9% more employees in six months.
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Old 15th Nov 2016, 17:22
  #74 (permalink)  
 
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To handle all the people leaving and to fill in paperwork to account for two accidents.
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Old 16th Nov 2016, 02:32
  #75 (permalink)  
 
Join Date: Mar 2003
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New VP of the department of "pilot leaving dept, plus senior manager plus manager plus assistant manager plus assistant to the assistant etc etc etc
This place has become the laughing stock of the ME3
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Old 16th Nov 2016, 03:12
  #76 (permalink)  
 
Join Date: Apr 2009
Location: Earth
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What a bunch of useless unaccountable morons the EK middle managers are, makes you wonder how they have managed to get this fsr.
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Old 16th Nov 2016, 04:37
  #77 (permalink)  
 
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Pure luck !
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Old 17th Nov 2016, 01:27
  #78 (permalink)  
 
Join Date: Nov 2009
Location: Dusty West
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no, no, no.....

Its because of the management team that STD has put together combined with a "unique" business acumen and model that thousands of airline CEO's both past and present have completely missed.

Simple really...
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Old 17th Nov 2016, 10:34
  #79 (permalink)  
 
Join Date: Oct 2015
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Other airline financial analysts are still working hard to figure out this business model. Who don't want buy largest planes, provide best in-cabin service, have highest plane employee ratio, have planes flying allover the world half-full, yet make profits.

Unfortunately for them this business model is as elusive as a unicorn.
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Old 17th Nov 2016, 10:40
  #80 (permalink)  
 
Join Date: Feb 2016
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Timy Boy is in Berlin at the moment at the Süddeutsche Economic Sumit explaining the highest EU politicians and high ranking CEO's how he managed to ruin a former great company.
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