Emirates plans to cut 30,000 jobs and retire some A380s

Dubai-based airline Emirates is planning to lay-off some 30,000 employees and decommission 40% of its Airbus A380 fleet, a report from Bloomberg said.
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This will bring down the number of employees by 30% from more than 105,000 plus by end March.

However in a report from Reuters, an Emirates spokeswoman said that no public announcement has been made yet by the company regarding “redundancies at the airline”, but that the company is conducting a review of “costs and resourcing against business projections."

The spokeswoman also said, "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."

Emirates, one of the world's biggest long haul airlines, suspended regular passenger flights in March due to the Coronavirus outbreak. It projects that air travel recovery is still 18 months away.

The airline will also be undertaking tougher measures as it faces the most difficult crisis in its history.

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