UAE car­ri­ers re­view work­force due to over­ca­pac­ity is­sues

Emi­rates and Eti­had say are con­sid­er­ing cut­backs...

Travel Daily ME - - News -

UAE su­per car­ri­ers Emi­rates and Eti­had Air­ways are re­view­ing their work­force needs as over­ca­pac­ity and a stronger dol­lar put pres­sure on earn­ings.

Emi­rates has of­fered re­dun­dan­cies to staff work­ing in ac­count­ing, fi­nance, IT and other de­part­ments at its Dubai head of­fice, ac­cord­ing to Reuters, al­though the air­line has not re­sponded to re­quests for com­ments.

How­ever, ad­dress­ing jour­nal­ists in Ber­lin last month, Emi­rates pres­i­dent Tim Clark con­ceded that “trad­ing con­di­tions across the planet are very dif­fi­cult”.

Eti­had said on Sun­day it was cut­ting jobs, mostly through "nat­u­ral at­tri­tion." It did not say how many jobs would be af­fected.

"We may see a slow­down in the pace of growth by Gulf car­ri­ers or ra­tio­nal ca­pac­ity or route re­duc­tions as in­di­cated al­ready by Emi­rates," John Strick­land, avi­a­tion ex­pert and di­rec­tor of Lon­don­based JLS Con­sult­ing, told Ara­bian Busi­ness.

Last week, IATA said: “Threats are emerg­ing to the suc­cess story of the Gulf car­ri­ers.”

The air­line es­ti­mated Mid­dle East car­ri­ers will make $300 mil­lion in profit in 2017 com­pared to the $900 mil­lion fore­cast for 2016. Click here for full story

Emi­rates is one air­line con­sid­er­ing cut­backs

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