SIA has said that it expects to operate at under 50 per cent of its capacity at the end of this fiscal year, compared to pre-Covid-19 levels.[SINGAPORE] Singapore Airlines pilots have agreed to take deeper pay cuts of up to 50 per cent so that more of them can stay employed.
Other captains will take pay cuts of up to 28.5 per cent, while first officers will take cuts of up to 18.5 per cent, depending on their current pay. In an internal circular - a copy of which was seen by ST - the pilots were told:"We are pleased to announce that a memorandum of agreement was signed with Alpa-S effective Oct 1, 2020 to March 31, 2022 on additional pay cuts to avoid further job losses." This latest agreement supersedes the previous one dated Aug 6, said SIA's senior vice-president of flight operations Quay Chew Eng and Alpa-S president Kenneth Lai.
SingaporeAir Deeper cuts better than jobless maybe!