The United Arab Emirates airline plans to cut 600 UK based jobs of Emirates employees. The airline is warning its employees of the need to “consider reducing the size of the UK workforce”.
However, the airline said in a memo that quarantine requirements, border controls. And other travel restrictions had left passenger demand “extremely subdued.”
“We have to reduce the scale of the operation in order to protect our cash flow. And safeguard our business, to ensure that we have a viable future.”
The news follows a previous announcement by its president. That the coronavirus pandemic could lead to the loss of up to 9,000 of its 60,000 strong workforces.
However, in July Sir Tim Clark said the airline would need to “let go of a few more” staff, having already cut a tenth of its staff.
But he was emphasizing that the airline was “not as badly off as others.” He estimates that about 15 percent of employees would probably be “let go”.
The airline is recent to suffer in the aviation industry. As it continues to see a fall in the number of passengers due to the coronavirus pandemic.
Series of Job Cuts
However, earlier this week, London’s City Airport announced that it will be laying off up to 239 jobs. This is about a third of its staff and this is part of the crucial restructuring plans.
Moreover, earlier this month, Virgin Atlantic also confirmed plans to cut 1,150 jobs. Even it has received the approval of £1.2bn a rescue deal. By this move, the airline will be reducing one-third of its workforce.
British Airways has already cut more than 6,000 staff through voluntary redundancy. And mothballed its £200 million Heathrow base.
EasyJet has announced that it will close its bases at London Stansted, London Southend, and Newcastle airports from 1 September. As well as slashing 30 percent of jobs and Jet2 is making 102 pilots redundant.
Forecasts For Aviation Industry
Experts are expecting that air travel will not return to pre-pandemic levels until 2024.
Leading trade body the International Air Transport Association (Iata) originally predicted that flights would recover to 2019 numbers by 2023, but has since pushed back its forecast by a year.