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NO PAY LEAVE AND PAY CUT FOR SIA PILOTS

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Captain P. James , Alpa-S president (photo), said, Pilots at Singapore Airlines (SIA) have agreed to take no-pay leave as well as a pay cut from July 1, the latest in a string of cost-cutting measures as the global airline industry takes a battering.
  • The carrier also said its management staff and board of directors have agreed to a pay cut of at least 10 per cent, which, all up, will help SIA save about S$21 million (RM51 million) in costs this financial year.
  • An agreement between SIA and the Air Line Pilots Association-Singapore (Alpa-S) was finally signed on Thursday after months of tough negotiations.
  • The official agreement comes more than a month after an interim deal was reached, where its pilots agreed to take one day of compulsory leave a month.
  • “We reached this agreement with two objectives – to help the company remain profitable and to save jobs,” said Captain P. James, Alpa-S president.
  • Said SIA: “The terms of the agreement with Alpa-S were determined by the surplus in pilot resources arising from the reduced flight schedules,” as the airline had cut back flights following the sharp fall in demand for air travel.
Courtesy: The Malaysian Insider
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