x

Coronavirus

Etihad Airways Fired Staff because of Fewer Flights during the Coronavirus

DUBAI, United Arab Emirates — Long-haul carrier Etihad Airways says it has fired staff because of fewer flights during the coronavirus.

The Abu Dhabi-based, state-owned carrier says in a statement “it is clear the demand for travel in the near future will be significantly reduced and as a result we must make difficult decisions to ensure Etihad will weather this storm.”

The airline offered no figures for the number of employees let go. Etihad competes with Dubai-based Emirates and Qatar Airways for long-haul flights from East to West.

Since 2016, Etihad has lost a total of $5.62 billion after its failed strategy of aggressively buying stakes in airlines from Europe to Australia.

In February, Etihad announced it would sell 38 aircraft to an investment firm and a leasing company in a deal valued at $1 billion.

RELATED

ATHENS - Y0u rarely seek anyone wearing masks, even in crowded areas, and social distancing is an afterthought but - while greatly reduced - the number of COVID-19 cases is rising in Greece, as are hospitalizations and deaths again.

herald

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Spider Lovers Scurry to Colorado Town in Search of Mating Tarantulas and Community

LA JUNTA, Colo. (AP) — Love is in the air on the Colorado plains — the kind that makes your heart beat a bit faster, quickens your step and makes the hair on the back of your neck stand up.

NEW YORK – During his recent visit to New York to participate in the opening session of the UN General Assembly, Prime Minister Kyriakos Mitsotakis visited a fast-food stand owned by a Greek-American entrepreneur.

BOSTON – Noted businessman and well-known philanthropist Michael Psaros of New York will be honored in Athens on Monday, October 14 by the International Foundation for Greece at the Acropolis Museum.

LIMASSOL, Cyprus - With Cyprus preparing to take in people in Lebanon trying to get away from a spreading conflict that has seen Israel launch air strikes and ground movements hunting Hezbollah terrorists, about 80 Chinese citizens and their families were taken to the island.

CORINTH, Greece - A Deputy Mayor in Evrostina in the Corinth region of the Peloponnese suspected of accidentally starting a fire while tending to bee hives, the blaze destroying 16,062 acres and killing two was fined 3,000 euros ($3,308) will face additional charges.

espa

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.