Emirates Airlines may need up to four years to recover, AFP reported.
The company said it was cutting staff, but did not specify the scale of the layoffs.
This is a step that we must take, said President of Emirates Tim Clark.
According to him, the company's activities will return to the pre-pandemic level by 2024.
Last week, the International Air Transport Association (IATA) estimated that global airlines would lose $ 314 billion by 2020.
