Emirates plannung job cuts and A380 reductions

The airline is planning to cut around 30,000 jobs to reduce costs which represents a decrease in its workforce by 30% from the current 105,000 recorded in March 2020, according to Reuters. An Emirates spokeswoman was keen to add that no official announcement has been made yet but the airline is looking into it.

“Any such decision will be communicated in an appropriate fashion. Like any responsible business would do, our executive team has directed all departments to conduct a thorough review of costs and resourcing against business projections”.

This news comes following the Emirates Group recording a US$456m profit in 2019-20 and the airline division making a US$288m profit as well. The airline did concede however that the pandemic had severely affected its fourth-quarter results for 2019.

It has emerged also that the airline is looking to decommission around 40% of its Airbus A380 fleet, which would bring its total fleet count to 69 aircraft if such a public announcement is made. This news also comes after Sir Tim Clark, the President of EK, declared that the “A380 is over” as well as stating in Gulf newspaper The Nationalthat the airline would be around 20-30% smaller after the Coronavirus pandemic has passed.