UAE’s flag carrier airline Emirates will reportedly restore the full salaries of its employees from October.
This comes as the Dubai-based carrier continues to expand its network, hitting 84 destinations yesterday following the additions of Lagos and Abuja to its growing network. This also indicates that the aviation industry is recovering and provides further relief to employees in the sector.
On March 22, the airline stopped had temporarily all passenger flights and cut staff salaries by half due to the impact of the coronavirus pandemic. Because of this, it had asked the staff to take unpaid leave and had frozen recruitment as it was one of the industry’s biggest challenges of all time.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Group informed employees through an internal memo, “You will be relieved to know that from October 1, we are reinstating full basic salaries across the board.”
The airline will reportedly continue to concentrate on reinstating revenue, finding new sources of revenue and keeping costs to a minimum.
Emirates expects to resume the airline’s services to all the network destinations by the summer of 2021.
Earlier, The government of Dubai had infused $2 billion (Dh7.34 billion) to improve the stability of the airline. Even though none of the parties officially confirmed such arrangement, specifics of the arrangement were revealed in a prospectus by the Dubai government for possible bond issuance.