Because of Corona .. EgyptAir cuts the salaries of “senior workers”

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Corona Virus, Which caused the decline tourism sector Vital employment, which prompted authorities to close airports, restrict restaurants and shops, and impose a night curfew.

Rushdi Zakaria, Chairman of the Holding Board of Directors, toldEgyptAirIn a statement to the workers "We have been working during the last period to study all ways that we can withstand this pandemic for the longest time possible and we have sought in all directions and have taken several important decisions with aircraft manufacturers and our industry partners".

It was announced The Egyptian Ministry of Finance Earlier this week, it provided two billion pounds ($ 127.47 million) to EgyptAir Holding Company in form "Backing loan" To face the emerging crisis of the Corona virus.

Salary cuts will be applied to senior leadership positions as chairman of corporate boards "Their deputies, sector heads, flying knees, and flying knees are pilots, hosts, and engineers"According to what she reported "Reuters".

These decisions will be reviewed according to the improvement of operating conditions, and adopted Egypt A plan worth 100 billion pounds to contain the economic consequences.

Egypt suspended air traffic on March 19 until further notice, as part of a series of measures to slow the spread of the virus.

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Egypt is facing economic repercussions due to the spread of the Corona virus, which caused the decline of the vital tourism sector for employment, which prompted the authorities to close airports, restrict the work of restaurants and shops, and impose a night curfew.

“During the past period, we have been studying all the ways that we can withstand this pandemic for the longest time possible, we have sought in all directions and we have taken several important decisions with aircraft manufacturers and our industry partners,” Roshdy Zakaria, Chairman of the Holding Company for EgyptAir, said in a statement to the workers.

The Egyptian Ministry of Finance announced earlier this week that it had provided two billion pounds (127.47 million dollars) to the Holding Company for Egypt Air in the form of a “back-up loan” to face the emerging Corona virus crisis.

Salary cuts will be applied to senior leadership positions such as corporate board chairmen, “their deputies, sector chiefs, flying knees and flying knees, including pilots, hosts and engineers,” as reported by Reuters.

These decisions will be reviewed according to the improvement of the operating conditions, and Egypt adopted a plan worth 100 billion pounds to contain the economic repercussions.

Egypt suspended air traffic on March 19 until further notice, as part of a series of measures to slow the spread of the virus.







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