Etihad Airways extends employee pay cuts

Abu Dhabi: Corona’s devastation also has negative effects on Etihad Airways. Extension of period of deduction in salaries of employees. UAE’s Etihad Airways reportedly extends employee pay cuts.

Due to Corona, the 10% cut will continue from September to December. Until August, salaries were being cut by 25 to 50 percent.

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According to sources, a spokesman for Etihad Airways told Reuters that Etihad Airways had suffered a financial loss of $758 million in the first half of the year due to the Covid-19 outbreak because governments closed airspace. Thousands of employees were laid off. Now there will be a 10% cut from September to December.

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It is clear that the suspension of business life due to the Corona virus has had a negative impact on the economies of developing and undeveloped countries around the world, while the closure of transport and airspace has also severely damaged the airlines.