Aviation
Abu Dhabi’s Etihad Airways Extends Staff Wage Cut Until Year-End
(Bloomberg) — Etihad Airways will extend the period of reduced pay for its staff until the end of this year although at a lower rate as the Abu Dhabi carrier seeks to offset the impact of the coronavirus.
Salaries will be cut 10% from this month and Etihad has reintroduced staff allowances, according to a statement. That compares with an earlier reduction of 25% to 50%.
Reuters reported the changes in salaries earlier.
The state-owned airline, which posted a first-half loss of $758 million loss, had cut thousands of jobs after the pandemic prompted governments to shut their borders and airlines to ground their fleets.
Separately, Dubai’s Emirates airline said it’ll fully restore staff salaries from October.
| Read more |
|---|
| Etihad Airways Half-Year Loss Widens Amid Border Closures |
| Airlines Bleed Cash as Jets Half Empty, Long-Haul Still Grounded |
| Aviation Job Losses Could Approach a Half-Million by Year’s End |
-
Artificial Intelligence1 month agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Fashion3 weeks agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Economy3 weeks agoOER Magazine September Edition 2026
-
Banking & Finance1 month agoThe GCC’s 10 Richest Billionaires: Inside US$253.5 Billion of Wealth
-
Magazines2 months agoOER Magazine July Edition 2026
-
Magazines2 months agoAl Mar’a Magazine July 2026
-
Banking & Finance1 month agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
Alamaliktistaad Magazines2 months agoAlam Al-Iktisaad Magazine July 2026 Edition
