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FRIDAY, JULY 18, 2025
Abu Dhabi's Etihad extends wage cuts until end of year

Global Economy

Reuters
06 September, 2020, 05:00 pm
Last modified: 06 September, 2020, 05:03 pm

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Abu Dhabi's Etihad extends wage cuts until end of year

Employees will have their salaries reduced by 10 percent from September until the end of December, she said, compared to an earlier cut of between 25 percent and 50 percent which ended last month

Reuters
06 September, 2020, 05:00 pm
Last modified: 06 September, 2020, 05:03 pm
Photo: Reuters
Photo: Reuters

Abu Dhabi's Etihad Airways has extended the period of reduced pay for their staff until the end of the year, a spokeswoman for the carrier said on Sunday.

Employees will have their salaries reduced by 10 percent from September until the end of December, she said, compared to an earlier cut of between 25 percent and 50 percent which ended last month.

The aviation industry has been hit hard by the outbreak which has shattered demand for air travel and forced airlines to preserve cash.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Etihad and rival Emirates have laid off staff and asked employees to take months of voluntary unpaid leave.

Emirates has cut wages until the end of September.

Etihad Airways

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