Turkish Airlines slashes wages to overcome coronavirus but avoids layoffs: union

Turkish Airlines will sharply cut wages of its crews and groundstaff but will avoid layoffs under a union-agreed deal as it seeks to recover from the impact of the coronavirus pandemic, a union official said Monday. The flagship carrier will cut pilot wages by 50%, cabin crew wages by 35% and other personnel wages by 30%, the Hava-Is union official said. The pay cuts will remain in effect until the end of 2021 but will be reviewed every six months, the official said. No employees will be furloughed and the company will not use the short labour pay, a government system that provides wage support to employees, the union official said. Turkish Airlines later confirmed that it had signed a deal with the union but gave no details.<br/>