Abu Dhabi-based Etihad Airways announced salary reduction for employees on Thursday. It said the pay cut would be extended through until September, as the economic impact of the Covid-19 crisis continues to be felt across the aviation industry.
Rivals, Emirates Airlines and Sharjah-based low cost carrier Air Arabia have both announced plans to make redundancies across their respective operations.
In a further blow to the industry, Etihad has announced the continued salary reduction for another three months.
A statement from the Etihad said: “As a result of the ongoing impact of Covid-19 on the travel industry, The Airline is continuing to consider all options to protect jobs and preserve cash at this trying time. Unfortunately, Etihad airways has extended its salary reduction until September 2020, with 25 percent reduction for junior staff and cabin crew, and 50 percent for employees at manager level and above. Housing allowance and a number of benefits to be paid.”
In March, the airline had announced a temporary reduction of basic salaries for the month of April for all staff, including executives, between 25 to 50 per cent.
While in May, the airline said that redundancies would be made across several sectors.
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