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-   -   Worst First Quarter In EK History. (https://www.pprune.org/middle-east/581599-worst-first-quarter-ek-history.html)

tinfish 15th Jul 2016 05:48

Worst First Quarter In EK History.
 
While I'm at it, I heard from a reliable source ,in the hallowed halls of The EGHQ Costa, that EK has just had the worst 1st Q in its history by a long way. Reasons cited were many e.g fierce price competition from our ME cousins. The number 1 reason given, however, was over capacity brought on by the A380s. Let's see how this all plays out!

natops 15th Jul 2016 07:41

profit
 
If this is all true:

Lets re-assess if EK still need the big ladies who are in the pipeline, cancel a few if needed to start with.
Look where we stand with pilot hiring, cancel a few more aircraft maybe, if we cant crew them.

Create rest among the guys on the line. Get your sh!t together, show goodwill.
Stop putting water into a bucket which is leak at the bottom. Stop the freakin' leak first.

We are trained to make decisions, and then re-assess. If a company is focussed on the wrong things too long, it looses the whole picture, and dives down in a spiral dive. Thats where we are now.

If they don't then why not have Korean, Vietnam, China Southern etc doing roadshows in EGHQ. Thats a way to fill up the atrium with pilots!

N:ok:

axialflow 15th Jul 2016 07:52

The Exposition!
 
The 2020 carrot still dangles...driving all sorts of projects/govt. initiatives from VAT to aeroplane orders. I don't think EK will change its business strategy anytime soon...OR maybe the Chief Transformation Officer will influence a course correction...

MosEisley 15th Jul 2016 10:44

My bet is that mueller will help Airbus shut down the 380 line by converting the remaining 380 orders to 350s which make more sense going forward.

BigGeordie 15th Jul 2016 11:24

You don't change the entire business strategy of a company this size based on one bad quarter. If it is followed by another couple of bad quarters (so a bad three quarters...) then things could get interesting.

notapilot15 15th Jul 2016 13:33

Over capacity, no way. PR brigade is reeling from #brexitvote aftermath, otherwise this thread would be history by now.

Nedul 15th Jul 2016 13:37

Would that "over capacity" possibly be due to parked aircraft?

777-200LR 15th Jul 2016 15:47

http://www.pprune.org/middle-east/58...st-2016-a.html

I think we'll be seeing more of this in the coming months.

notapilot15 15th Jul 2016 16:30

Nedul,

EK's aircraft are never parked. Ultimate Dubai shows how quickly they hammer(literally) out issues to put these birds back in service.

They manage slack in the system thru maintenance, painting and photo shoot activities. It takes 6000 man hours to paint a A380.

BigGeordie 15th Jul 2016 19:06

So if they only have one person painting a 380 (with a 2 inch paintbrush presumably) they can have it out of service (but not parked, never parked) for 250 days! Sounds like a plan.

Thought some of the aircraft were looking very shiny at the moment,

Panther 88 15th Jul 2016 19:21

And Delta just announced a 2nd qtr profit of $1.55 billion after a loss of over $600 mil from fuel hedging and their refinery. Yield management here needs some twerking it seems to me. Different environments, but.......

DCS99 15th Jul 2016 19:30


Originally Posted by tirren (Post 9441023)
"Emirates Operation Changes from August 2016

I think we'll be seeing more of this in the coming months."


I have never seen so many cuts announced in one go.

(Except during runway closure.)

And at such short notice.

Kamelchaser 15th Jul 2016 19:36

I've been saying for a few weeks now that big changes are coming. My crystal ball says by the end of the year Airbus will have announced the shutting down of the A380 line, paying off EK to swap the orders over to the A350. It will be cheaper than losing (apparently) 50 million dollars on every 380 coming out of the hanger. It'll be a face saving measure for STC, who's hung his legacy on the 380. I've always said the 380 is not a recession proof aircraft, and I think EK have taken a step too far in ordering 142 of them. No-one else in the industry has ever been able to see a future for that many Very Large Aircraft, and I think STC's famous quote "we just buy the aircraft, open the doors and passengers just walk on in" is coming back to bite him.

EK is in the middle of a perfect storm of global economic malaise causing a serious downturn in premium travel, at the same time as it's struggling with huge over-capacity.

My crystal ball also sees a complete stop to flight crew recruitment sooner than most expect, along with a stop to upgrades. I've been here long enough to see a few cycles of absolute ludicrous feast (as we have now) to complete famine.

I might be wrong of course. I was wrong once, but that was back in '83 at an Anita Bryant concert..went into the lady's loo instead of the bloke's.:ouch:

propaganda 16th Jul 2016 02:32

Unfortunately, with so much uncertainly globally at present - it's not the time to be increasing capacity -Maybe a few beached Whales at Victorville.

ROKAPE 16th Jul 2016 03:35


Originally Posted by notapilot15 (Post 9440992)
Nedul,

EK's aircraft are never parked. Ultimate Dubai shows how quickly they hammer(literally) out issues to put these birds back in service.

They manage slack in the system thru maintenance, painting and photo shoot activities. It takes 6000 man hours to paint a A380.

I hope that this in written in jest.

fatbus 16th Jul 2016 04:24

Kamel , when you gotta go you gotta go!

Panther 88 16th Jul 2016 05:25

More concerning is why was Kamel at an Anita Bryant concert?

ExDubai 16th Jul 2016 05:41


Originally Posted by Panther 88 (Post 9441496)
More concerning is why was Kamel at an Anita Bryant concert?

https://m.youtube.com/watch?v=8GTzBowBrFA

crewmeal 16th Jul 2016 05:53

What did EK order at Farnborough this year?

tinfish 16th Jul 2016 05:59

What Whippings Lie Ahead!
 
We've been getting collectively flogged for years while the company has been making billions.....what have they got in store for us now they're losing billions 😏!!


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