Qatar Airways said that mid-level and above employees will halve their salaries for at least three months.
The company added that this partial postponement of salaries is a temporary measure that is expected to continue for three months starting in April, although it indicated that it may be extended “depending on the economic situation,” according to Al Arabiya.
She said that the unpaid portion of the salaries will be paid “as soon as possible when conditions permit”, and Qatar Airways did not mention the number of workers who will be affected by this delay, and this is not the first step by Qatar Airways towards its employees; on the 18th of last March the Philippine Minister of Labor said Sylvester Bello Qatar Airways has suddenly sacked about 200 Filipino employees in Qatar.
The CEO of Qatar Airways, Akbar Al-Baker, said at the end of last March that the company would eventually be forced to seek government support, warning that supplies necessary to operate flights would soon run out.
He warned that liquidity was running out and that what the company had was enough to continue the activity “for a very short period.”
“Certainly, we will eventually turn to the government for liquidity.”
Al-Baker declined to specify a date for requesting government assistance, which may come in the form of loans or capital financing, but added that the company was taking measures to maintain liquidity.
He continued, that workers took unpaid and unpaid leave, adding that he waived his salary until the company returned to full operation. He said that the workers were not forced to cut their wages, although some offered this.
The company has warned that it will report its third consecutive loss in the current fiscal year, which ends in March, before the outbreak hits the global demand for travel.