His Highness Sheikh Ahmed bin Saeed Al Maktoum, Supreme President and Chief Executive of Emirates Airlines and the group, said: "There is no doubt that the Coved-19 pandemic will have a major impact on our performance during the current fiscal year 2020/2021, given that passengers have been temporarily suspended since last March 25, Dnata's business has also been affected by the disruption of air traffic and demand for travel across the world. "
His Highness added: "While we are currently planning to resume our operations, we continue to take strict measures to control expenditures, and to take other necessary steps to protect our business. We expect at least 18 months, and possibly more, to pass before the demand for travel returns to normal."
He continued: "We are currently in constant contact with policymakers and various related parties working to define standards that guarantee the health and safety of travelers and operators in the post-pandemic world. Until then, Emirates and Dnata stand ready to resume work and serve our customers as soon as they allow Circumstances so. "
His Highness stated: “During the fiscal year 2019/2020, we continued our focus on controlling costs, while investing in expanding our business and developing our revenues at the same time. It allowed us to rationalize recruitment activities and adopt new technologies and work structures, improving productivity and controlling high labor costs, and with the outbreak of the pandemic, We have taken various measures to protect our employees and ensure the health and safety of our citizens and customers. We have given all of our attention and our priorities as we prepare to resume our operations as usual in the coming months. "