Another nail in the EK coffin
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Join Date: May 2009
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Another nail in the EK coffin
So all office staff got an email today stating that with immediate effect the interest free car loan is no longer available (current loans not affected).
How fitting they didn't wanna divulge that information to us even though we're affected by that change to the ERM (C4-4).
How fitting they didn't wanna divulge that information to us even though we're affected by that change to the ERM (C4-4).
Look on the bright side (I know...): it's one less thing to tie you to a life of penal servitude in the Middle East.
Last edited by anson harris; 28th Dec 2016 at 13:46. Reason: Brevity
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It is yet another change for the worse. "The money isn't great but you need to look at the WHOLE package!" That was the old mantra. By itself, not huge news, but added to redundancies, delayed aircraft deliveries and poor earnings, it is obvious things will get worse and worse in 2017.
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EDIT: Don't forget you're not allowed to be seen with that Costa coffee unless you are sat down with hat removed and jacket unbuttoned (uniform manual regs)
Safe drinking 👍☕️
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Well of course back in the day the "70K free loan" would buy you a new car so it was actually quite a deal but just like every other aspect of our package it hasn't gone up with the rest of the cost of living so colleagues don't really see it as a big deal if its taken away...
For me its just another decrease in our overall package.
For me its just another decrease in our overall package.
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Originally Posted by fatbus
Typical EK pilot self induced drama.
Back in the day springbok it was only around 50k - and the only new car you could buy with that would have been hobbit sized...
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Whilst I agree its not the biggest thing in the world, and others may just shrug their shoulders, it is part of a greater picture. Terms and conditions are on the slide and this is yet another small erosion of the original package.
As an iceberg heads south it melts slowly from the outside in, hardly noticed until it is all but gone
As an iceberg heads south it melts slowly from the outside in, hardly noticed until it is all but gone
Last edited by felixthecat; 29th Dec 2016 at 06:12.
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big changes are needed, not just for EK, Dubai and the rest of the UAE are heading for another major crash, look around, building projects are on hold everywhere, there has been a lot of bad investment in all sectors, it is common knowledge that EK are in a real mess, along with all the other UAE airlines. I am not suggesting we should accept a cut in our contracted packages, but there is going to be much bigger changes coming than your car loans.