Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group,on Wednesday announced five weeks salary bonus to the group's more than 100,000 employees as well as a dividend of Dh2 billion for the group's ownership, the Investment Corporation of Dubai.
The staff bonus will be distributed along with this month's salary.
Shaikh Ahmed also noted that business conditions remained challenging for aviation industry, but a rebound in the cargo sector and strong performance of major currencies against the US dollar, has helped the airline to announce good results for the company and staff as well.
In 2017-18, while the Emirates group reduced staff by two per cent, the airline cut its workforce by four per cent to 62,356 employees. Further staff reduction is not on the cards even as the group continues to looks at way to optimize operational cost.
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