|Emirates Considering to retire 46 Airbus A380s Photo: Emirates|
The Dubai-based group is considering plans to permanently retire 40 per cent of its strong fleet of Airbus A380 superjumbos with a final decision likely to be aas nnounced in days to come according to sources familiar to the matter.
Emirates is the World’s largest Airbus A380 operator with 115 A380s in its fleet. Currently, only one of them is in service, whereas 114 A380s are grounded due to travel restrictions and decrease in demand for air travel due to the COVID-19 pandemic.
A total of 46 Airbus A380s have now been earmarked to be retired permanently by the group citing current conditions.
|Airbus A380s play vital role in Emirates operation Photo: @Tobias_Gudat|
This decision comes less than two weeks after Emirates CEO Clark said “the A380 is over” in an interview with Gulf newspaper The National.
Along with this, Emirates is also considering plans to cut about 30,000 jobs as the largest long-haul carrier seeks to reduce operating costs after the COVID-19 pandemic grounded air travel.
Emirates said it is reviewing “costs and resourcing” levels against projections as the global carrier prepares for gradual flight resumption in days to come.
|Emirates is also considering 30,000 job cut Photo: Emirates|
According to Bloomberg, in an emailed statement, Emirates said, “No announcement has been made regarding mass redundancies at the airline.”
Recently, Emirates’ Chairman, Sheikh Maktoum said, “We expect it will take 18 months at least, before travel demand returns to a semblance of normality.”
|Emirates is expecting it will take 18 months to recover Photo: Emirates|
In order to reduce cost, the airline is planning to cut around 30% of its strong work force of over 105,000 employees. Cabin crew who could face their job cut include:
- Any member of cabin crew over the age of 60 years old
- Anyone with active disciplinary issues
- High sickness levels
- Poor performance records
|Emirates employees are receiving pay cut Photo: Emirates|
As of now, Emirates cabin crew are receiving three-quarter pay and pilots half-pay as part of efforts to reduce costs and this policy might be extended for three more months.
Airlines around the world are retiring planes and are also cutting jobs as an impact of the widespread coronavirus pandemic. Majority of the aircraft are grounded across the globe.
|UAE government will support Emirates to survive this pandemic|
According to International Air Transport Association, the airline industry stands to lose $314 billion in ticket sales this year, as over 70% of the global capacity is idled.
Dubai’s government has already said that it would financially support the state-owned carrier. The UAE government confirmed that it would inject additional liquidity to keep the airline afloat.
|181 Emirates aircraft are currently grounded Photo: Emirates|
Currently, 181 of the Emirates aircraft are grounded in Dubai comprising 114 Airbus A380s and 67 Boeing 777s. The carrier is operating handful of flights along with special repatriation and cargo flights.
Emirates has announced that it will resume regular passenger flights to just nine destinations on 21st of May. The airline is also planning to restart its service to as many as 150 cities by mid-July. All of the current flights are being operated by the Boeing 777s.
Emirates has 115 Airbus A380s and 155 Boeing 777s in its fleet
The state-owned carrier has 115 Airbus A380s and 155 Boeing 777s in its fleet of 269 aircraft including an Airbus A319.
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