“Flydubai has contacted its staff members who chose to take unpaid leave due to COVID-19, in order to return to work starting from June 2021,” Ghaith confirmed.
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Flydubai has asked staff furloughed during the Covid-19 pandemic last year to return to work starting in June amid optimism for a rebound in summer travel, its chief executive said. Last week we ve written to all our staff and we ve given them a schedule to start coming back from June onwards, [these are] all the people who were on unpaid leave, Flydubai boss Ghaith Al Ghaith said in an interview with aviation consultant John Strickland as part of an online event organised by Arabian Travel Market on Tuesday. That was a huge satisfaction from our side that we can bring back people.
“I understand part of it is because people have no other choice. but it was a commitment from the people that they wanted to stick with the airline and we stuck with them,” he said.
In its 2020 annual earnings report, flydubai said 1,092 of its 3,796 workers went on unpaid or voluntary leave. The airline s workforce shrank by 3.2 per cent last year, compared with the previous year, it said.
The state-owned airline worked with regulatory authorities and partners to support staff on unpaid leave, said Mr Al Ghaith.
It teamed up with banks to provide relief such as loan repayment holidays to its affected employees.
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The Second Circuit Court of Appeals recently affirmed a decision confirming a decision by the International Chamber of Commerce (ICC) that applied the law of the United Arab Emirates (UAE).
Cessna Finance Corp. leased several private jets to startup Prestige Jet Rental. Ghaith Al Ghaith, Prestige’s chairman, who was also the deputy chairman of Al Ghaith Holding Co. PJSC (AGHC), guaranteed the lease agreements in his capacity as deputy chairman of AGHC. When Prestige defaulted, Cessna initiated arbitration in the ICC pursuant to the lease agreements against AGHC. AGHC argued that Al Ghaith’s guarantee was invalid because its articles of association required the signatures of “two out of three” of its chairman, deputy chairman, and managing director to bind the company, and only Al Ghaith had signed the guarantee. The ICC rejected that claim, finding that “AGHC was bound by ‘good faith’ under … the UAE Civil