Tough times for EK
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Originally Posted by Desert snake
(Post 9795657)
Sadly I'm not an FT subscriber but I can guess what it says.
I'm surprised EK didn't wait til this week to announce the figures |
Quote from the above FT Article:
Always one more cup of coffee for ‘Costa Brigade’ Emirates staff derisively talk about the airline’s middle managers as the “Costa Brigade”, referring to those who hang out at the large coffee shop on the ground floor of the group’s headquarters, writes Simeon Kerr. The swelling ranks of middle management have for several years been undermining staff morale as the airline, which was founded in 1985, has expanded. Despite criticism that the group has become bloated, airline staff numbers are still rising. According to the 2016-17 annual report, airline workers increased 7.5 per cent to 51,628, including an 8.6 per cent increase in non- operational staff. Insiders say this growth has come despite redundancies in departments such as IT and human resources. Making cost cuts and rationalising is, therefore, the obvious way forward for the group, say analysts. An internal memo at the group said one of the costs that management will focus on is those of employees, the airline’s second largest expense after fuel. The memo said there would be “no pay review” and a policy of only filling vacancies “if absolutely critical”. Employees say the gradual squeezing of benefits and perks and overworking hours has eroded Emirates’ reputation as an employer of choice among the airline industry. Sir Tim Clark, the airline’s president, rejects such claims, saying the increase in staff levels reflects a content culture with a minority of moaners. But some members of staff are still unhappy. “It just isn’t as attractive as it used to be,” said one. |
Stc
Minority of moaners..... he doesnt have any idea about the feelings of his employees, does he?
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With all due respect to him, he doesn't have any idea about the feelings of his front line employees. He doesn't engage, simple as that. If one has ever had him on the aircraft, he will grace you with a nod and close the suite when able. And remember it's "the management team I put together" that has made this airline what it is today. Perhaps that statement is now coming back to bite him in the...............
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“We’ve just got to tough it out,” says Sir Tim, the airline’s president and founding member of the carrier in 1985. “The business model is essentially a sound business model, but at the moment it’s challenged. For no reasons of our own, purely from geopolitical and socio-economic reasons.”
Nope...certainly nothing to do with massive over capacity, bloated staff numbers, arrogance etc etc. EK management have never put a foot wrong. It's everybody else's fault. I recall the head of Nokia say the same just a few years ago. Nokia who? |
Had a giggle at this comment on the article: "He (STC) is also 68 this year. After 35 years at Emirates he should exit with dignity and success not following the Robert Mugabe model although it is hard to resist the personality cult!"
halas |
For a personality cult you need:
- a feudalistic system that can nicely breed on your politics, or business ponzi scheme model - a symbol of grandeur whatever it costs and whatever number of slaves it takes to build it with hard and futile work - a lot of simple-minded followers who unthinkingly worship your symbol, your business model and by that finally your person It works fine here: for 1: the dish-dash and abaya fraction for 2: 140+ of the biggest aircraft for 3: the WKs et al |
Originally Posted by Yorkshire_Pudding
(Post 9795782)
Just google "emirates president pledges to tough it out as airline struggles" for free read.
13 aircraft already parked. |
Originally Posted by A6EchoEchoUniform
(Post 9796114)
Where are you hearing 13 aircraft parked? Have the reg's?
I read the article after posting. It doesn't say 13 parked. It says 13 aircraft that were serving the USA market no longer are, and if homes aren't found for them (aircraft sales, or other routes) then STC would park them. |
Originally Posted by Desert snake
(Post 9796128)
So, you think we're gonna open 13 new routes?
I've heard that a second NRT flight is close to being announced. Also understand that EK408 switches to an A380 in September. Most likely, I believe, is expansion of the A380 routes and reduction of the B777 routes. From a profit standpoint, nothing beats a full A380. I happened to have been flying to the US this week, and must say, there wasn't one empty seat. And the US is our slow market! |
Originally Posted by A6EchoEchoUniform
(Post 9796135)
I happened to have been flying to the US this week, and must say, there wasn't one empty seat. And the US is our slow market!
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Originally Posted by A6EchoEchoUniform
(Post 9796124)
I read the article after posting. It doesn't say 13 parked. It says 13 aircraft that were serving the USA market no longer are, and if homes aren't found for them (aircraft sales, or other routes) then STC would park them.
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If things are that bad why think about 20 more A380's?
https://www.bloomberg.com/news/artic...80-superjumbos |
I happened to have been flying to the US this week, and must say, there wasn't one empty seat. And the US is our slow market! |
Have they combined some U.S flights? Cancelling one and booking pax on the next flight?
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Originally Posted by A6EchoEchoUniform
(Post 9796135)
I happened to have been flying to the US this week, and must say, there wasn't one empty seat. And the US is our slow market!
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Never thought FT would use such language.
Looks like Bloomberg piece is botched attempt to put a positive spin by local media desk, old habits die hard. |
Originally Posted by glofish
For a personality cult you need:
- a feudalistic system that can nicely breed on your politics, or business ponzi scheme model - a symbol of grandeur whatever it costs and whatever number of slaves it takes to build it with hard and futile work - a lot of simple-minded followers who unthinkingly worship your symbol, your business model and by that finally your person It works fine here: for 1: the dish-dash and abaya fraction for 2: 140+ of the biggest aircraft for 3: the WKs et al |
Oficer Kite,
Have you got a flying job yet? Perhaps you should show some respect to those that do. No wonder you couldn't get on with easy, aer Lingus or other people. Now double away and back to the wannabe site. |
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