DUBAI - Emirates Airline said Sunday it would have to cut jobs after being forced to ground its fleet during the coronavirus crisis, but did not specify the extent of the layoffs.
"We continuously are reassessing the situation and will have to adapt to this transitional period," it said. Emirates said on May 10 that it would take at least 18 months for travel demand to return to "a semblance of normality", even after reporting bumper pre-pandemic profits.Last week, it began partial regular service to a number of mostly Western airports.
IATA said that MENA airlines' revenues in 2020 will be slashed by $24.5 billion compared to last year, and warned the region's aviation shutdown threatened some 1.2 million jobs.
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