{"id":352041,"date":"2020-05-19T11:16:29","date_gmt":"2020-05-19T05:46:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352041"},"modified":"2020-05-19T11:16:29","modified_gmt":"2020-05-19T05:46:29","slug":"emirates-considers-cutting-30000-jobs-retire-a380s-faster","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/emirates-considers-cutting-30000-jobs-retire-a380s-faster\/","title":{"rendered":"Emirates considers cutting 30,000 jobs, retire A380s faster"},"content":{"rendered":"<p>Emirates Group is considering slashing about 30,000 jobs, the deepest cuts yet in a global airline industry that\u2019s been forced into near-hibernation by the coronavirus pandemic.<\/p>\n<p>The world\u2019s biggest long-haul carrier could shrink a payroll that stood at 105,000 in March by as much as 30% as it reduces costs and realigns its operation to cope with a travel downturn expected to last for years, according to people familiar with the matter. The state-owned group raised $1.2 billion in new financing in the first quarter and is seeking aid from Dubai.<\/p>\n<p>Emirates is also considering accelerating the retirement of its fleet of A380s, the massive double-decker jets that can seat more than 500 passengers, some of the people said, asking not to be identified because the information hasn\u2019t been made public.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emirates Group is considering slashing about 30,000 jobs, the deepest cuts yet in a global airline industry that\u2019s been forced into near-hibernation by the coronavirus pandemic. The world\u2019s biggest long-haul carrier could shrink a payroll that stood at 105,000 in March by as much as 30% as it reduces costs and realigns its operation to cope with a travel downturn expected to last for years, according to people familiar with the matter. The state-owned group raised $1.2 billion in new financing in the first quarter and is seeking aid from Dubai. Emirates is also considering accelerating the retirement of its [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-352041","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352041"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352041\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}