According to Bloomberg, the expected reduction in employment for the Emirati group will reduce the number of employees by about 30% from more than 105 thousand employees were at the end of last March. >
The report, quoting people familiar with the matter, added that the company is also considering accelerating the planned retirement of its A380 fleet.
A spokeswoman for Emirates Airlines said that the company has not yet made any public announcement regarding layoffs in the airline, but is conducting a review of costs and resources against business expectations. < / p>
The spokesperson added any such decision would be communicated to him in an appropriate manner. As with any responsible company, our executive team has directed all departments to conduct a comprehensive cost and resource review against business expectations.
Emirates Airlines, one of the largest long-haul destinations in the world, said this month that it would borrow to overcome the Corona virus epidemic and that it might have to take tougher measures to tackle the toughest months In its history.
The government-owned airline, which had suspended regular passenger flights in March because of the Corona pandemic that ravaged global travel demand, said that the recovery of the request would not take place 18 months before Least.
The company reported a 21% increase in its fiscal year ending March 31, 2020, but said the epidemic had hurt the performance of the fourth quarter.
The group said it would knock on banks ’doors to obtain loans during the first quarter to ease the impact of the virus’s spread on cash flows.
