Wednesday, May 20, 2020

UAE's Etihad Airways laid off hundreds of employees amid Covid-19 crisis

UAE's Etihad Airways laid off hundreds of employees amid Covid-19 crisis

UAE's Etihad Airways laid off hundreds of employees amid Covid-19 crisis

According to the Gulf airline, the economic crisis caused by the corona virus has led to this unfortunate decision.
Abu Dhabi: The global corona virus epidemic has had a negative impact on the economies of countries around the world. Airlines are going through bad conditions, especially due to the closure of international and domestic flights. Many airlines have gone bankrupt, while many airlines have laid off many employees or given them unpaid leave.
Etihad Airways, a popular airline in the UAE, has also laid off hundreds of employees in various sectors due to the economic crisis caused by the corona virus.
While every business sector has been affected by the Corona epidemic, Etihad Airways has not been spared the crisis. The current situation suggests that air travel will remain limited in the near future, forcing Etihad Airlines to make difficult decisions and reduce the number of employees.
However, in the last few days, the airline has started special flights for passengers from Abu Dhabi Airport. In addition, Etihad flights from other countries are bringing passengers to Abu Dhabi. According to the international news agency Reuters, the number of Etihad Airlines employees had reached 20,500 last year, causing business difficulties due to Corona. That's why hundreds of jobs have been lost in other sectors, including the air force.
The goal is to reduce trade deficits by reducing costs. It is expected that more employees will be laid off in the near future. Etihad Airways has incurred a huge financial loss of 20.5 billion dirhams since 2016.
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