Coronavirus: More airlines brace for job cuts, says Iata

Coronavirus: More airlines brace for job cuts, says Iata

The international aviation turmoil triggered by the Covid-19-inflicted travel restrictions will be forcing more airlines to downsize their staff significantly over the next 12 months, the International Air Transport Association (Iata) said."With the recovery in demand likely to be slow, 55 per cent of respondents expect to have to decrease employment levels over the coming 12 months," Iata said in a statement following a quarterly business confidence survey of more than 300 airlines.About 45 per cent of the global carriers, including the UAE operators Emirates, Etihad Airways and Air Arabia, have reported having already reduced their staff numbers in the second quarter of 2020 due to cost-cutting measures following the pandemic.On Thursday, Tony Douglas, group CEO, Etihad Aviation Group, said that due to the severity of the situation facing the