Ferrari Formula 1 team WHAT NEXT!!
 

Fu%^ing heard it all now....

Etihad Sponsoring Ferrari for 3 years, we're asking for simply; housing to be a 'little' better, perhaps a 'little' provident fund, slightly better on the school fee's..... :ugh:

What do we get in return, Didldy S^$t!!....battling with high rate of inflation crashing forex everywhere how do we get on with it??


Wel Done Lads :D keep up the money spending campain!

Good at marketing arent they...

If they gave me 100's of millions of $'s, Dihrams whatever, I'll make it singing and dancing too.. :D

Low Stress...Low Profile...

Oh well, I'll have to switch to Maclaren this year then....:{

What does Etihad have to do we inflation and your expact euros or pounds expenses ?

sispanys riaWhat does Etihad have to do we inflation and your expact euros or pounds expenses ?


Simple.... 2006-7 we were (Capt) earning somthing like Euro 8500 (rate of exchange) this year or rather to date Euro7200, the 'COUNTRIES' Rate of inflation into 2 digit numbers.

As were pegged to the wonderful US$ everything's gone tits up! More expensive!

What does Etihad have to do with it? EVERYTHING! Salary remains the same that equates to loosing money, cost of living marked up by at least 40% since last year, that also equates to losing even more money.. Capice Amico Mio!

Inflation and cost of life is same for everybody in UAE, I guess your main problem is the exchange rate, and this has nothing to do with Etihad. You are not paid in Euros because you are not in Europe. If you want Euros, get a job in Europe and don't blame local companies.
If earning the equivalent of 7200 euros is a reason to complain, then i wouldn't mind to have such big problems !

:ugh: Oh dear!

another PR disaster for Hogans portfolio!

..
 

your answer... J H

Hogan & Co dont give a rats ass about the staff and the exchange rates...dont expect them to do anything:rolleyes:

Nothing will change until he goes period!

Why the hell should he consider the exchange rates ?
When you go abroad you have to accept local rules and conditions. Why would the expats get a special treatment !?!?!
Colonies are over by now ! Wake up !

Look at where a big majority of pilots come from then you might understand why folks are concerned about exchange rate protection.:ugh:

What has colonies got to do with it?...step outside your little bubble and see the real world!

No Flare, the reality is that UAE is an Arab state with 70 % of foreign population in Dubai. Do you think all of them should get an increase due to exchange rate ? Did you increase your maid ?

Do you seriously think Europeans living in the states are crying like babies to get an increase due to the exchange rate ? I'm not really sure of that...

Ask yourself why did you move in the sandpit. In the real world money doesn't grow on trees. Some are loosing, some are winning... too bad for the greedy ones, but it's part of a man's life to assume such decisions.

If inflation exceeded 10% in Europe, North America or Australia there would be a HUUUUUUUUUUUGGGGGGGGGGGEEEEEEEEEE uproar and you can be sure that pay raises would be called for on a massive scale.

When inflation moves above 2-3% it results in direct moves by the governments and central banks. The US dollar is so low now primarily because of the lowering of rates in the US as they fought inflation (though now it has to do with liquidity).

German workers are calling for large wage increases due to higher food prices.

Finally, the exchange rate has moved so significantly in the last year or so that you can hardly consider it 'normal or average'. So, yes, I do expect the companies in this part of the world to make some changes to their pay scales and the governments to take action.

lots of air...very little synapsis
you are clouless dude:ugh:

I could not agree more. Which is why I should be receiving a 70% pay raise just like the government employees.

7

sispanys ria,
You must be wealthy or totally out of your mind. EY, EK, QR or any other Gulf company is not responsible for the devaluation of the $, but then what does one do? Keep things as they are? Implode? Explode?
To me, your present income still covers your expenses otherwise, you wouldn't be having this speech.
The $ devalued 30 cents versus the € in the last 5 years, inflation and cost of living here (mainly supermarket stuff) went up some % and companies did not increase salaries greatly except at the very top (management level). Isn't this a paycut? Just remember and in simple figures. For a 50,000$ monthly earner, a yearly increase of 10% in foodstuff isn't the same for a 5,000$ one.
Keep standing where you are and bragging your unminced words and you'll see what you'll be in few years. What goes around comes around.

sispanys ria

What we are all saying here, if you haven't seen the picture... The majority of us left Europe and the likes of to perhaps persue our career and makes things a tad better than what they were..

Leaving your 'normal' country of domocile and yes that does include debts etc someone has to pay them back. Now, when you joined XYZ company/airline etc, you knew and planned your budget accrdingly, now/today/tomorrow, exchange rates are unpresedently bizare! how do you budget for your liabilities back 'home' and your day to day living in the UAE... I'm not talking about how you'll budget your next Cayenne or X5..

What the lads are saying, XYZ should protect the 'promised' salary in accrdance with forex fluctuations to 'protect' the employee!!

Back to the thread ....
Kimi's car doesn't seem to like what's written on its tail ... and gave up the fuel pressure during qualifying .... :}

XYZ company has nothing to do with your choice of life.You played a strategy game that is now returning against you. I understand it brings troubles and that you can be upset. But the company doesn't necessary have to support your personal problems. If you, pilot, are not able to sustain the cost of life, what about all the ground staff ? They also are expats.

I repeat my question: have you heard of ANY US company raising salaries of European expats ? Of course NO. National employees have been raised. So what ?

Are you jealous because this government is doing things yours couldn't ?
The situation is bad for all of us, and expat pilots are not suffering more than Pakistanis or Philippians. You have a salary, a family life, and not so bad working conditions. I am not gonna blame you. Many pilots in Europe are suffering a lot more, don't forget it please, because it is hard to read it. For your information, food in Choitram is costing exactly like in France, and salaries are half of yours (for those who have the job).

You are not loosing everything, just some of the privileges you had for few years.

And please, if you didn't increase your maid, don't come here to complain.

Hmmm:confused:... you must be very wealthy or maybe so happy to be here that you will accept anything these guys give you and say nothing!
Your knowledge of Europe seems very limited...please elaborate which pilots are suffering?

EK manage to put some FOREX protection in place for many nationalities not just Europeans... why cant EY?

You are either not grasping what people are saying or you dont want to face up to the real facts in EY....:ugh:....remove the rose tinted Hogan glasses!
As for Maids most of us cant afford to have one!

sispanys ria.... Your off your f^%king rocker mate...

Enjoy your life...

QSY somewhere more exoctic will ya!!

The man obviously doesn't understand..

Please check your language when you talk to me, I believe I'm talking to gentlemen and in a forum different opinions can be shared. So no more F... word, thank you.

I have a quite good experience of Europe because it is where I've been flying for years, and it's also where I'm currently sitting. Pilots not suffering ? Well, small operators are sometimes paying FOs 1500 euros a month, and it's not so easy to get a job, even with over 2000 turbine experience.
I recently lost a friend who was struggling for 10 years to get a nice one, and he had no other choice than flying free lance silly medical flights, and that killed him in a very sad crash. I have other friends here in France who had to do dangerous and really underpaid jobs. They were not complaining. They were humbles doing the right stuff to feed their family and live their aviator's dreams. I respect those people, who can still appreciate what really matters in life.

So if your are so much unhappy and that European pilots are so happy, why don't you get a better job over here ?

I'm not in my wonderland. I'm making the choice to move in DXB because my family life is there. Stop complaining, I've been living for years on a 2000 euros salary and still could afford to fly to DX every 2 month to spend sometime with my beloved. As you can see, I wouldn't mind to get half of your salaries, it still would be twice my current one.

You made a choice moving there, and now it's maybe no more worth according to your requirements. It's not EY's fault, it's just too bad fr you, and I'm really sorry for that. But you cannot ask for an increase as if it was justice.

Simply answer my question please. Is there ANY US airline increasing salaries for their European expat pilots ? Please take some time to consider this question.

Why European pilots of UAE airlines are claiming it while none is asking it in the US ? Maybe because in the US they may risk to loose their jobs...

Who is finally living in the wonderland ?

We are mostly expats. So I differentiate?

What do you call it then? Europeans will probably end up retiring in the US because of the choices. Will they do it here long term?

Philippians?

It seems you love going from bad to worse...:ugh: or you are just trying to pick up a fight hiding behind senseless words.

Insh Allah you have summed him up 100%:ok:

Thanks guys for the nice chat and the polite attitude. Wish you all the good things you deserve.

Ahhh I get it now! I was trying to figure out what the major problem was and how it is effecting workers. Now it is clear that many are still carrying debt loads back in their home country so if one were making $8000 US per month last year and only $7000 per month this yr for the same amount of work then it becomes real clear.

I was thinking that the overall costs of food product rose in the UAE by 75% which is outrageous but I guess it can happen. Here is a question which would help most of us on the outside really understand the issue. What does the average Etihad family with two children spend in a month not counting your home country expenses? Food, electricity, water, activities for the children, fuel and insurance for your auto in the UAE.

A320PLT

Just out of interest why do some company's offer ERP?

Is this just a throwback to past years when recruitment was a problem?

I'm not aware of ERP being offered in any other region, if you choose to live/work in a foreign country then you generally get the T&C's for that country - what is different about the ME?

The companies who have a genuine desire to try and keep staff and protect the remuniration package have put ERP protection in place.
The actual T&Cs have been accepted by those who join.

The weak dollar has drastically reduced the salary we signed up for, and I appreciate that is our problem, however the decent airlines have attempted to help the employees....that does not include EY!
Over the last 2 years or so we have taken about a 20% pay cut due to the dollar, it is now at a stage where it is no longer worth working here, even paying tax in Europe we would be better off....thats why folks are complaining and looking elsewhere.

It would be impossible to give an average monthly outgoing for a family, it really depends what kind of lifestyle you want, what school you use (if you can get in!!) etc etc.....despite what you hear inflation affects prices on almost a monthly basis.

And despite all this Hogan broadcasts that we will waste several million on F1....the guy is clueless...:mad:

Back to the thread -

Having just watched the Melbourne F1 race, gotta say - it was pretty damn hard to spot Etihad on the car....the rear wing is one of the primo spots for sponsors, and its what EY have paid for, its however on the back side of the rear wing and not the front....doesn't make for good exposure as not many camera shots are rear on.

Many front on shots of cars coming down the pit straight in sequence, with their respective sponsors clearly catching valuable camera time. The Ferrari's by contrast, nothing seen. blank. zip

marketing blunder, or money well spent?

When you are sent abroad by a company based in your home country, it is of course its responsibility to support any changes of the cost of life in the new country you've been sent to.

When you move on purpose into a foreign state to work for a local company, even if you don't plan to stay forever, you are an immigrant, and your employer shouldn't have any responsibility towards you based one the country you are coming from.

EY will still be able to find hundreds of motivated pilots, why would they have to obey to all their employed immigrants ? EK did it ? Fine, they are hiring.

Paid millions to have the EY logo on the car and nobody can see it:confused:. Typical EY management stupidity. Hogie paid millions of EY dollars just so he and the ' zeros' can get free F1 seats !:uhoh:

The Sponsor was intended for the rear of the rear wing.. I agree who d hell's gonna see it!!

I suppose the bloke who's running a bit late behind the Feeerraarrii

Nice to see the picture.

I guess no-one else saw it live on the track seeing as there were no finishers behind the Ferrari!

Its the Hogan Midas touch.......everything he does turns to Sh#t:}

syspanis, don't forget that the airline we're talking about is owned by the same government that just raised its local employees 70% due to inflation and loss of purchasing power. If your local Western gov would do that, they'd be taken to court (rightly so!). You think we have a good deal? It feel off the skies? The guys that come here have paid their dues and had the 2,5, 10, sometimes 15 years of crap pay and furloughs before getting that break. You're not helping anyone, including yourself.

If you pay $130 million (60 million pounds) to have your name on wing of the car that comes last, how much do you have to pay to put it on the car that comes first???:E

I assume that everybody who asks for a pay increase because they are being hammered by the weak USD, will be asking for a pay decrease when the USD strengthens again? Is it only the Europeans that should get ERP?

Was the promised salary in AED or in another currency? What does the employment contract say? Again, if the forex goes the other way, a pay decrease would then be in order?

VP are you taking the pi##?
or do you just not get it?....it is everyone who needs ERP:ugh::ugh:

It would appear that I don't get this "it". If you want the company to protect you from forex fluctuations, what else must they protect you from. Stock market crashes? Dip in gold futures? Badly performing pension funds?

I'll ask again: What if the EUR/GBP weakens against the USD? Then what?