British Airways pilots hit with 50% salary cut over coronavirus
British Airways pilots are to be hit with a 50% pay cut to their basic salary for April and May, split over 3 months, as the airline becomes the latest to try to cut costs in the wake of the deepening coronavirus pandemic. The agreement with unions will see BA’s 4,500 pilots required to take 2 weeks of unpaid leave in each of April and May, with a deduction from basic pay spread over 3 months. It comes a day after IAG CE Willie Walsh took a 20% pay cut for the remainder of his contract until the end of June, becoming the latest airline executive to reduce their salary. The agreement with pilots follows a doom-laden memo sent by Alex Cruz, BA’s CE, last week that warned staff that the carrier would have to cut jobs, suspend routes and ground aircraft because of the coronavirus pandemic. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-20/oneworld/british-airways-pilots-hit-with-50-salary-cut-over-coronavirus
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British Airways pilots hit with 50% salary cut over coronavirus
British Airways pilots are to be hit with a 50% pay cut to their basic salary for April and May, split over 3 months, as the airline becomes the latest to try to cut costs in the wake of the deepening coronavirus pandemic. The agreement with unions will see BA’s 4,500 pilots required to take 2 weeks of unpaid leave in each of April and May, with a deduction from basic pay spread over 3 months. It comes a day after IAG CE Willie Walsh took a 20% pay cut for the remainder of his contract until the end of June, becoming the latest airline executive to reduce their salary. The agreement with pilots follows a doom-laden memo sent by Alex Cruz, BA’s CE, last week that warned staff that the carrier would have to cut jobs, suspend routes and ground aircraft because of the coronavirus pandemic. <br/>
