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Abu Dhabi's Etihad Airways to cut headcounts on 'increasingly competitive landscape'

An Etihad Statement Described The Layoffs As A Measured Reduction Of Headcount In Some Parts Of The Business.

PTI | Updated on: 19 Dec 2016, 08:42:39 AM
Abu Dhabi's Etihad Airways to cut headcounts to reduce costs

Dubai:

Abu Dhabi's Etihad Airways, citing "an increasingly competitive landscape," says it is making an unspecified number of layoffs.

The Abu Dhabi-owned carrier, which is the United Arab Emirates' national airline, made the announcement late on Sunday night. An Etihad statement described the layoffs as "a measured reduction of headcount in some parts of the business." Etihad spokesman Updesh Kapur declined to offer any specifics, though the company's statement described the layoffs as coming "in a fair, structured and transparent way."

Etihad has code-share agreements with some 50 airlines and holds stakes in Air Berlin, Air Seychelles, Jet Airways, AirSerbia, Alitalia and Virgin Australia. It has a fleet of some 120 aircraft. The UAE is also home to the Dubai-based long-haul carrier Emirates. of layoffs.

The Abu Dhabi-owned carrier, which is the United Arab
Emirates' national airline, made the announcement tonight.
An Etihad statement described the layoffs as "a measured
reduction of headcount in some parts of the business."
Etihad spokesman Updesh Kapur declined to offer any
specifics, though the company's statement described the
layoffs as coming "in a fair, structured and transparent way."
Etihad has code-share agreements with some 50 airlines and
holds stakes in Air Berlin, Air Seychelles, Jet Airways, Air
Serbia, Alitalia and Virgin Australia. It has a fleet of some
120 aircraft.
The UAE is also home to the Dubai-based long-haul carrier
Emirates. (AP)
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First Published : 19 Dec 2016, 08:35:00 AM

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