SIA to roll back pilot pay cuts, with full restoration by end-2022
Add BT as a preferred source
Janice Heng
SINGAPORE Airlines (SIA) is gradually reinstating pilots' basic pay following pandemic-era cuts, with the wage cuts to shrink every quarter until salaries are fully restored by the start of 2023, Chinese daily Lianhe Zaobao reported on Tuesday (May 3).
This is in line with a fresh agreement between Singapore Airlines and the Air Line Pilots Association – Singapore (Alpa-S), the union representing the pilots.
Under an earlier agreement reached in September 2020, additional cuts to pilots' pay were in effect from October 2020 till March 2022, on top of a previous 10 per cent cut in the monthly variable component (MVC) of their salaries.
TRENDING NOW
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Keppel H1 net profit drops 59% to S$155 million on impairments, M1 deal fallout; shares fall 4%
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
