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#553938

Hippocampus
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To pick up on one previous claim that Deutsche Bank reported that BA now has the lowest employee costs of any airline in Europe. This is not the case. First of all, the measure used by the bank was employee costs as a percentage of sales, not absolute costs or cost per head. Also the comparison was against the major European network carriers and not LCCs. Ryanair’s employee costs as a percentage of sales are substantially lower than BA. Also, a comparison of employee costs between employers in different countries is influenced to a large extent by differing social security regimes and so forth.