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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Airbus employees to receive extra 1,500 euros as inflation hits

At the end of last year, Airbus employed 126,000 people worldwide, including 46,000 in France and 43,000 in Germany. (AFP)
By TRENDS Desk AFP
October 25, 2022 11:14 am
  • Airbus has decided that an exceptional premium will be paid before the end of 2022 to all Airbus* employees," including senior management, the company said
  • In a message to emloyees, Airbus said that widespread price rises is placing a heavy financial burden on companies and it also applies to airline's employees
Paris, France– European aircraft maker Airbus announced Monday a one-off payment of 1,500 euros for all employees in its four founding nations — UK, France, Germany, Spain — as inflation hits.”The Airbus Executive Committee has decided that an exceptional premium will be paid before the end of 2022 to all Airbus* employees,” including senior management, the company said in a message to employees seen by AFP.

Outside of the four main Airbus countries, employees will receive a special premium, “calculated as a percentage of the average local base salary,” the planemaker said.

At the end of last year, Airbus employed 126,000 people worldwide, including 46,000 in France and 43,000 in Germany.

“The volatility, uncertainty, complexity and ambiguity that characterize our current environment have been further reinforced in recent months by the energy crisis and inflation,” Airbus said in its message to employees.

“This phenomenon of widespread price rises is placing a heavy and direct financial burden on the economies of many countries and companies. This reality also applies to Airbus employees,” it added.

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