Issued by CEMO Center - Paris
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Qatar Airways to cut of its workforce & sells it’s jets

Wednesday 03/June/2020 - 06:28 PM
The Reference
طباعة

Qatar Airways plans to cut jobs due the losses it is experiencing from the downturn in global travel.

A letter leaked purportedly from Qatar Airways Group CEO Akbar Al Baker read, “We currently cannot sustain the current staff numbers and will need to make a substantial number of jobs redundant.”

The letter did not specify how many jobs are to be cut, nor when, but did say management would inform employees of the decisions within weeks. Qatar Airways confirmed there would be job cuts in a statement sent.

"The unparalleled impact on our industry has caused significant challenges for all airlines and we must act decisively to protect the future of our business," the statement read. "As a result, Qatar Airways can confirm that the airline will make a number of roles redundant due to the impact of COVID-19."

Informed sources confirmed that Qatar Airways is suffering from a major financial crisis, which it is unable to face, and that it will resort to layoffs of some of its employees, in addition to selling a number of aircraft.

Aviationpros website, had previously mentioned, according to the London-based Arab News, that Qatar Airways surprised the global aviation industry during the Coron virus epidemic, by flying through a public relations disaster.

The report added that while almost every airline in the world suffered from a slowdown in travel and financial bleeding, Qatar Airways, owned by the Qatari system, had the option to adopt a less turbulent route, but instead, for reasons that may be known only to senior management in Qatar Airways headquarter, Qatar Airways has gambled on a strategy that is a mixture of claiming virtue and corporate bullying.

The report stressed that this was not surprising given Qatar's poor record in the exploitation of migrant workers and international criticism.

Qatar's inability to pay for the Airbus and Boeing's earlier aircraft, with tens of billions of dollars, has become certain.

The Qatar Airways had signed a letter of intent to purchase 60 737 MAX planes, but after the demand for air travel fell, the company said: There is no way to add new aircraft, and it will reduce its fleet of about 200 aircraft.

The company intends to keep 20 percent of its fleet out of service in the near future, and does not expect to operate flights to all destinations that were flying to it before the crisis of Corona, and the number of 165 until 2023.

Qatar Airways CEO Akbar Al-Baker on Tuesday asked Airbus and Boeing to postpone the delivery of the aircraft because of Qatar's inability to pay the agreed price.

Aviation financiers said: The manufacturers have the upper hand in such talks because the contracts are binding, and they have the right to agree to postponement or rejection.

Al Baker said: The company will sell the five aircraft that were delivered, wishing the manufacturers would agree to delay the contracts of the aircraft that were not delivered.

 

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