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Industry Update

There will be no bonuses for Emirates Airline’s employees this year. A spokesperson for the Dubai-based carrier on Sunday confirmed that unlike in the previous years, its thousands of staff will not be getting an extra compensation. The incentive, commonly known as “profit share,” is usually distributed at the end of the financial year to employees of Emirates Group. Citing a difficult year, the airline reported last week that its profits declined 69 per cent to Dh871 million for the financial year ended March 31, 2019.

Source: https://gulfnews.com/business/aviation/no-bonuses-will-be-distributed-to-emirates-airline-employees-this-year-1.1557656980424