May 11, 2020 / 2:08 PM / 17 days ago

Abu Dhabi's Etihad lays off staff, warns of further cuts - sources

FILE PHOTO: An Etihad Airways Airbus A320-200 at the National Airport Minsk, Belarus, April 19, 2018. REUTERS/Vasily Fedosenko/File Photo

DUBAI (Reuters) - Abu Dhabi’s Etihad Airways has laid off a large number of employees due to the coronavirus pandemic that has shattered global travel demand, and warned staff to brace for further cuts, according to three sources familiar with the matter.

The state-owned airline declined to comment. But during a previously unreported U.S.-UAE Business Council webinar on April 29, Etihad Chief Executive Tony Douglas said the airline had made “quite sizeable redundancies”.

It was not immediately clear how many employees had been affected or from which departments.

Etihad has grounded scheduled passenger flights and temporarily cut wages by as much as 50%. It has said it plans to restart flights from mid-June.

The company had 20,520 employees as of August 2019, according to its website.

Reporting by Aziz El Yaakoubi and Alexander Cornwell; Editing by Mark Potter

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