Emirates asks pilots and cabin crew to take unpaid leave

Emirates asks pilots and cabin  crew to take unpaid leave
The state-owned airlines have slashed dozens of routes crucial to their Gulf hubs dependent on millions of passengers passing through each year. (Reuters/File)
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Updated 19 March 2020

Emirates asks pilots and cabin crew to take unpaid leave

Emirates asks pilots and cabin  crew to take unpaid leave
  • The airlines had over 21,000 cabin crew and 4,000 pilots at the end of March 2019

DUBAI, MANILA: Emirates is asking pilots and cabin crew to take unpaid leave and Qatar Airways laid off about 200 staff in Doha this week as the coronavirus outbreak hammers demand for travel.

The state-owned airlines have slashed dozens of routes crucial to their Gulf hubs dependent on millions of passengers passing through each year.

Dubai’s Emirates, one of the world’s biggest international airlines, is offering pilots and cabin crew unpaid leave, according to internal staff emails seen by Reuters.

“You are strongly encouraged to make use of this opportunity to volunteer for additional paid and unpaid leave,” an email to pilots said.

There is limited opportunity for unpaid leave for cabin crew who are being encouraged to take paid leave, another email said.

The airline did not immediately respond to requests for comment.

Tourism and aviation are vital to the economy of Dubai, which does not have the vast oil wealth of some of its Gulf neighbors.

Emirates employed over 21,000 cabin crew and 4,000 pilots among more than 100,000 employees overall at the end of March 2019.

Emirates has told staff the coronavirus epidemic could be the biggest challenge it has faced in many years, frozen recruitment and continues to cut flights as the situation worsens globally.

The UAE on Wednesday said it would bar entry to foreigners apart from diplomats and residents.

Philippine Labor Secretary Silvestre Bello told Reuters on Wednesday that the government was trying to ascertain the “real cause” behind the Qatar Airways’ unexpected decision to lay off about 200 Filipino workers.

Qatar Airways, which employed 46,000 people at the end of March 2019, declined to comment.

The layoffs were reported earlier by ABS-CBN. It said the Filipino employees, including engineers and maintenance staff, were laid off on Tuesday and others had also lost their jobs.

State-owned Qatar Airways had warned it would report its third consecutive loss this financial year, which ends this month, before the outbreak battered global travel demand.

Abu Dhabi’s Etihad Airways, another Gulf carrier, announced more flight cancellations on Wednesday, including to Egypt and India.


9 things to watch on Tadawul today

9 things to watch on Tadawul today
Updated 4 min 15 sec ago

9 things to watch on Tadawul today

9 things to watch on Tadawul today
  • stc reported net profit after Zakat and tax of SAR 11.085 billion for FY2020, rising 4% year-on-year (YoY)
  • SABIC Agri-Nutrients Co. reported a net profit after Zakat and tax of SAR 1.29 billion for the fiscal year 2020, a 12% decline YoY

Here are a few things you need to know as Saudi stocks start trading on Sunday.

1) Saudi Kayan Petrochemical Co.’s (Saudi Kayan) net loss after Zakat and tax widened to SAR 784.7 million for the fiscal year 2020.

2) stc reported net profit after Zakat and tax of SAR 11.085 billion for FY2020, rising 4% year-on-year (YoY).

3) Saudia Dairy & Foodstuff Company (SADAFCO) reported a net profit after Zakat and tax of SAR 205 million for the first nine-month period ended Dec. 31, 2020, a rise of 7% YoY.

4) Saudi Basic Industries Corp. (SABIC) and Plastic Energy Ltd. announced plans to commence construction on the first commercial unit to produce its flagship certified circular polymers.

5) The National Shipping Company of Saudi Arabia’s (Bahri) subsidiary, National Chemical Carriers Co., inked a SAR 1.23 billion Murabaha financing agreement with Samba Financial Group.

6) SABIC Agri-Nutrients Co. reported a net profit after Zakat and tax of SAR 1.29 billion for the fiscal year 2020, a 12% decline YoY.

7) Herfy Food Services Co. reported an estimated net profit after Zakat and tax of SAR 53.6 million for the fiscal year 2020, a slump of 73% YoY.

8) Basic Chemical Industries Co. accepted the resignation of chief executive officer Osama Farouk Abdulhamid, effective Jan. 20, 2021.

9) Brent crude on Friday declined 69 cents to reach $55.41 per barrel. WTI crude also decreased 86 cents to reach $52.27/bbl.