SIA, Alpa-S agree on pilot pay cut, change to compulsory no pay leave scheme
Singapore
SINGAPORE Airlines (SIA) and the Air Line Pilots Association - Singapore (Alpa-S) have inked a memorandum of agreement (MOA) which will see pilots taking a 10 per cent cut in their basic salary and an adjustment to their compulsory no pay leave (CNPL) scheme.
Under the agreement signed last week, all pilots will receive a 10 per cent monthly variable component reduction in basic salary from Aug 1 to Oct 31, The Business Times understands. Alpa-S represents nearly 2,400 pilots across SIA and SilkAir.
TRENDING NOW
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
SpaceX surge further boosts Saudi billionaire prince’s fortune
Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up