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EK to Decommission 50%+ of Airbus A380, Axe 1/2 of Pilots & Cabin Crew

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EK to Decommission 50%+ of Airbus A380, Axe 1/2 of Pilots & Cabin Crew

Old 1st Jul 2020, 02:38
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Originally Posted by FatPilot
I think he's talking about them going down the road and begging more money from Uncle Mo. Last time they did that, part of the price was a name change for their big phallic symbol.
Yep, as I wrote here three months ago:

Originally Posted by Airbubba
EK knows that they will get government support. And if things get really bad, they can go to the piggy bank in Abu Dhabi. And maybe rebrand as Khalifa Airways sans the A380 'Albatross' fleet.
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Old 1st Jul 2020, 20:55
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Fatpilot , you referring to sheik Mo as in down the road from Dubai for a bail out ? If so you got the wrong guy !
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Old 2nd Jul 2020, 12:36
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The value

Another update past and still those have been made redundant are not even worth to be mentioned in one word

head in the sand keep hiding the bodies and keep rowing - disgraceful - while the rest has to live with the fear what will be next - but maybe they donít have time in prep or enjoying summer holiday
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Old 2nd Jul 2020, 12:50
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I am convinced that some kind of gagging edict has been passed down from above. Rumours still abound of the next round, yet we have pilots flying under these stresses. Safety and a duty of care? Whatís happened to that?
Across the road at Fly Dubai at least the fallen are getting calls from peer support, the fallen in Emirates are not even worth a kind word or mention. Thrown away like an old rag....disgusting
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Old 2nd Jul 2020, 12:51
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The way I read it is they have been given a gag-order from top management so however much he want to say anything he's not allowed. Heard from someone they are still going at it with office staff so might still be a while before they'll update us on anything unfortunately..
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Old 2nd Jul 2020, 14:12
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Originally Posted by fatbus
Fatpilot , you referring to sheik Mo as in down the road from Dubai for a bail out ? If so you got the wrong guy !
Yeah you got me. That was the first name that came to mind for some reason. I believe he has bags and bags of money in a big room down there and nothing to do with it.
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Old 2nd Jul 2020, 14:19
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Originally Posted by FatPilot
I believe he has bags and bags of money in a big room down there and nothing to do with it.
Had I think..specially with the low oil prices.. he's not even giving any to his own airline..
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Old 2nd Jul 2020, 15:38
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There is still plenty of money, I'm sure of that. But his priorities now are to settle an issue at the courts with a former "asset" of him at the UK...
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Old 3rd Jul 2020, 08:28
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The Abu Dhabi sovereign wealth fund is currently worth US$ 696.9 Billion, third largest in the world.
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Old 3rd Jul 2020, 10:05
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It won't take EY long to burn through that.
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Old 4th Jul 2020, 04:01
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Just red an article that the owner of virgin Atlantic will add 200mio £ for the company
this pretty much the same amount it would need to protect all lost jobs at EK for one year
think about that
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Old 4th Jul 2020, 06:57
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Originally Posted by DuneMentat
The way I read it is they have been given a gag-order from top management so however much he want to say anything he's not allowed. Heard from someone they are still going at it with office staff so might still be a while before they'll update us on anything unfortunately..
Yes they are. Definitely at dnata. Friend mentioned a few names of guys I used to work with who got the boot.
Seems they not done.
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Old 4th Jul 2020, 13:49
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Originally Posted by WB1900
Just red an article that the owner of virgin Atlantic will add 200mio £ for the company
this pretty much the same amount it would need to protect all lost jobs at EK for one year
think about that
Virgin are sacking 3000 employees - £200m is an attempt to save the rest. I would suggest that EK's borrowing this year will also soar even though they are losing staff.
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Old 4th Jul 2020, 20:19
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1.7b AED Profit 2019/20 acc khaleejs times
Something like 4.8b USD cash balance acc annual report 2019/2020

air France cuts 7500 jobs until 2023 - about 3500 via natural attrition -
I am not saying it’s anywhere better but we talk about way different starting positions

are there different ways - yes, there would be if somebody would care
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Old 4th Jul 2020, 22:50
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Originally Posted by WB1900
..if somebody would care
Enough said
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Old 4th Jul 2020, 22:52
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I suspect it will get a lot more ruthless and unpleasant before there is any sign of stability. For those of you that are flying, be there to help and support all of your crew.
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Old 5th Jul 2020, 10:32
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Letís see what today brings.
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Old 5th Jul 2020, 18:02
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The Sunday Times has an article today worth reading.
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Old 6th Jul 2020, 04:45
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The article being?
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Old 6th Jul 2020, 07:07
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Interview with STC in the Business & Money section.

Paints a flattering picture of Clark, (whereas IMHO he is mainly culpable in the overcapacity & inability to position EK in a way they can respond to this drastic drop in travel).

Conversely, the interview in Forbes with Thierry Antinori Ex COO of EK, now Chief Transformation Officer at QR makes a strong statement on divergent strategy &future growth which is in stark contrast to EK.

Meanwhile both airlines are in the process of firing hundreds of pilots which doesn’t get a mention in either article (just that they are not gainfully employed)

Last edited by Oceanic; 6th Jul 2020 at 09:42.
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