SIA to release pilots on fixed-term contracts
SINGAPORE — Singapore Airlines (SIA) today announced that they will be releasing 76 pilots who are employed on fixed-term contracts
REUTERS
SINGAPORE — Singapore Airlines (SIA) today announced that they will be releasing 76 pilots who are employed on fixed-term contracts
The pilots, who are expected to be released by June 30 this year, will receive assistance in finding employment opportunities within the SIA Group and with other airlines, SIA said in a statement.
SIA currently has a surplus of pilots to its operational requirements, as the global financial crisis of 2009-10 had resulted in excess capacity and slower than expected growth. The Airline had earlier implemented other measures to address the surplus, such as voluntary no-pay leave and the suspension of cadet pilot recruitment.
Pilots employed on fixed-term contracts make up about 4 per cent of SIA’s total pilots’ workforce.
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