On the topic of money, given that Ramadan and the Eid break are now over, shouldn't the annual results be announced by now?
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If you are still flying, the year result has been amazing!
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This pretty much sums it up
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Emma Royds
I think so - I'm pretty sure we normally hear something before now... End of the month maybe? |
To be announced next week apparently.
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BTAP
Normally is the key word. I am sure if they could not ever post 2020-21 annual report they would do it. It is going to be an interesting read... |
What's to be that interesting? That the company has made a small fortune in aviation flying freight over the last 6 months after the first 6 months of COVID devastation?
That's not interesting at all. We all know how to make a small fortune in aviation. Start with a large one. Their comments will be all just forecasts. All forecasts are just complete guess work in this era of uncertainty. Don't get me wrong, I personally, hope the optimistic ones come true. But there'll be no hat hanging in my future.. I'll just hang on to it.. For Justin.. |
By all means, call me the pessimist but I suspect the company will have lost an enormous fortune rather than having made a small one. Prior to COVID, cargo represented less than 15% of the airline's total revenue.
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In the past when not record breaking news it was kept low key . Just a corporate announcement with links to the details . I agree , more than likely a loss , to be expected as well.
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It is only to see how they want to cover the obvious and honestly I want to see how much worth it was to ruin 1000s employees lives
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It is a business, any business will try to cut costs as much as possible in such dire circumstances...I don't understand why you guys are taking it personally...
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”personally”.... how could we not.
With a ****** up management team that rather destroys the life of a quarter of a loyal workforce instead of lowering the salary to say 60% and keeping everyone on. Every one of us wouldn’t have had any problems surviving for 2 years on say... 30000AED. As Simon Sinek said, “It’s better that we should all suffer a little than any of us should have to suffer a lot.” |
Really!
So I work my ass off on the 777 all year for 60% salary whilst those on the big bird fleet sit around on 60% pay having bbq and enjoying life. That’s not even close to real world. I have lost many good friends and have absolute sympathy and compassion for those suffering but let’s be realistic. EK is a business. They will do what they need to. And to keep harping on about dipping into reserves or comparing them to a European legacy is ridiculous. They can do as they wish. if we don’t like, we have a choice. We knew what we joined |
Eric Hartman
not so much what was done, more a matter of how it was done. no integrity, no class and no compassion. |
It is shocking they still kept majority of middle management doing pretty much nothing at all. Pilots make up an airline not middle management unless you work in the gulf. The sad part is - all that is left working and holding a job are not pilots nor engineers / just the sycophants. But it’s your fault you called in sick because if you didn’t safety would have been hampered. Who needs safety when you have wads of cash
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Anybody know the numbers for the next culling ?
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flyfast123
So you would rather everyone on the 380 fleet made redundant rather than even entertaining a temporary pay cut? That’s great. You are the embodiment of the issues in the Middle East. An embarrassment to the pilot community. |
flyfast123
well, hopefully you’ll be on the correct fleet during the next downturn too and won’t be complaining when karma bites you on that overworked 777 ass. Utterly disgusting that you couldn’t entertain a temporary paycut to keep colleagues in employment. Shame this forum isn’t anonymous when posters like you come along. |
There was a guy on the CX forum with the same views, very very selfish. It's the opposite of being part of a team and aircrew are meant to be team members.
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3Greens
Keep colleagues in employment? What does that mean? Employment is when you have to provide some sort of services for an agreed reward...And pilots always think they are the most important employees for some weird reason. Talk to your colleagues in other departments, ask how many were let go. NONE of them has ever proposed to keep everyone employed at the expense of others...The socialism does not exist, my friend. You joined an expat airline without unions and expect the same treatment as Lufthansa or Delta pilots. Maybe you should have joined Lufthansa or Delta then? |
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