SIA cuts senior management pay by 10-15%; staff offered voluntary no-pay leave
Move comes after carrier cancelled thousands of flights amid Covid-19 outbreak
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Nisha Ramchandani
Singapore
WITH the Covid-19 outbreak hobbling travel demand, Singapore Airlines (SIA) will be cutting salaries of senior management by 10 to 15 per cent starting March 1, and offering a voluntary no-pay leave scheme to employees.
Chief executive Goh Choon Phong will lead the way with a 15 per cent cut, while the SIA board of directors will take a 15 per cent reduction in fees, The Business Times understands.
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