Emirates makes so much money that it will give away five months’ salary to its workers.

• Over the past year, the airline has increased profits by 71%

• Its CEO wanted to reward employees for their efforts with an additional bonus equivalent to 20 weeks’ salary. This is not the first time they have received it.

These are turbulent times for the labor and financial markets. Companies and employees remain in a constant battle between working remotely and returning to the office, and many companies are implementing cost-cutting plans that include salary cuts and layoffs.

In the midst of all this turbulence, the Emirates Group airline announced a 71% increase in annual profits, raising around $5 billion. 4.7 billion of this profit comes solely from Emirates’ flight division, up 63% on last year.

According to internal emails he had access to Reuters

This profit surplus enabled Sheikh Ahmed bin Saeed Al Maktoum, President and CEO of Emirates, to announce that will distribute a portion of these benefits to all of its employees. The company will pay its employees an additional bonus equal to five months’ salary (20 weeks).

High bonuses… and this is not the first time they have received them.

Sources National They note that the bonus will be paid in the next payroll to 112,406 employees from 84 countries working for the airline, which has grown its workforce by 10% over the past year.

Emirates is looking to further expand its workforce by hiring thousands of cabin crew, pilots, engineers, customer service agents and IT specialists to consolidate the company’s economic recovery from the pandemic-induced shutdown. Over the past two years, the company has not only restored its operating capacity, but also increased it by 20%.

“The business outlook is positive and we expect consumer demand for air travel and travel to remain strong in the coming months,” the Emirates CEO said in a press release.

The Washington Post echoed the precarious employment situation for airline flight crews in general and the pressure these employees face from the airlines. Instead, Emirates appears to be taking a completely opposite position to this trend by recognizing (and financially rewarding) the work of its employees.

In statements to local media Khaleej TimesAhmed bin Saeed Al Maktoum praised the staff for their “heroic efforts in moving forward and achieving our collective ambitions. They deserve every dirham of the 20-week bonus share.”

Dubai media collects anonymous statements from some their employees who are satisfied with the decision distribute profits among employees. “I’m very happy. It’s less than last year, but a bonus is a bonus. The company is not obliged to provide it. But they are there, and it’s a huge amount. “I’m very happy about it.” Last year, the bonus was pay for 24 weeks for setting a new profit record.

In Hatak | Following a battle between the EU and airlines over hand luggage, these fares and sizes will remain in place until 2024.

Image | Emirates