Etihad temporarily cuts staff wages by up to 50pc

- A Monitor Desk Report 10 Apr, 2020 | 1153 Views|-+
Dhaka: Abu Dhabi’s Etihad Airways has temporarily cut staff salaries by up to 50 per cent for a month due to the impact on its business from the coronavirus outbreak.

Executives, pilots and engineers will be paid half their basic salaries and cabin crew would be paid 25 per cent less in April, the airline said in a statement.

Other employees would also have their salaries cut and staff would not be paid their usual transport and other job-related allowances, it said.

“We will need to take some drastic measures to weather the storm over the next few weeks and avoid job losses as much as possible,” Tony Douglas, Chief Executive, Etihad said in a staff email.

Etihad, from April 5, has been operating “a number of outbound flights to help foreign citizens return home from Abu Dhabi”.

“Repatriation flights will start with Seoul Incheon, followed by destinations such as Melbourne, Singapore, Manila, Jakarta and Amsterdam,” according to a travel alert posted on Etihad’s website.

The travel alert also listed the flights it plans to operate through April 21, including six more to Seoul, five to Singapore, six to Manila and two to Jakarta.

The airline in March reported an USD 870 million loss for 2019, its fourth consecutive annual loss. It has lost USD 5.6 billion since 2016.

Also on Bangladesh Monitor