Singapore Airlines Pilots Agree to Deeper Pay Cuts to Save Jobs

(Bloomberg) — Singapore Airlines Ltd. pilots have agreed to further pay cuts to remain in employment, the carrier said Saturday.



a screen shot of a video game: Instrument panels and screens are seen inside an Airbus SE A350 XWB full-flight simulator at the Airbus Asia Training Centre (AATC), a joint venture owned by Airbus and Singapore Airlines Ltd., during a media tour at the Seletar Aerospace Park in Singapore, on Tuesday, June 20, 2017. Airbus announced on the eve of the Paris Air Show formalized plans to upgrade its A380 superjumbo with fuel-saving winglets as the European planemaker seeks to revive sales of the flagship model.


© Bloomberg
Instrument panels and screens are seen inside an Airbus SE A350 XWB full-flight simulator at the Airbus Asia Training Centre (AATC), a joint venture owned by Airbus and Singapore Airlines Ltd., during a media tour at the Seletar Aerospace Park in Singapore, on Tuesday, June 20, 2017. Airbus announced on the eve of the Paris Air Show formalized plans to upgrade its A380 superjumbo with fuel-saving winglets as the European planemaker seeks to revive sales of the flagship model.

The city-state’s flag carrier and the Air Line Pilots Association – Singapore reached the agreement Friday and the company will implement the measures for all remaining pilots in Singapore Airlines and SilkAir with effect from Oct. 1. The deal will help to mitigate further job losses for pilots, it

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Hundreds of thousands will lose their jobs without additional emergency aid, says American Airlines CEO

“Hundreds of thousands of people will be out of work, and service to small communities will be discontinued,” if a new round of emergency airline funding is not approved, American Airlines Chief Executive Doug Parker said on NBC’s “TODAY” show Friday morning.



Doug Parker wearing a suit and tie


© Provided by NBC News


Moreover, the critical national infrastructure that the airline industry provides, and that will be key to the nation’s economic recovery, could be severely impacted by the sweeping industry cuts, he said.

“We want to make sure that when the economy recovers we are here,” Parker said.

Parker’s comments come after emergency talks at the White House on Thursday, when executives from the major U.S. airlines met with White House Chief of Staff Mark Meadows in a last-minute plea for additional funding in order to avoid tens of thousands of layoffs across the entire airline sector.

“We airline CEOs are here on behalf

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United Airlines announces biggest pilot job cut in its history

CHICAGO (Reuters) – United Airlines UAL.O is preparing for the biggest pilot furloughs of its history after announcing on Thursday the need to cut 2,850 pilot jobs this year, or about 21% of the total, without further U.S. government aid.

Airlines, reeling from the devastating impact of the novel coronavirus pandemic on air travel, have asked the U.S. government for another $25 billion to cover employee payroll through March.

The first tranche, which banned any job cuts until Oct. 1, expires at the end of September, but talks in Washington have stalled as Congress has struggled to reach agreement on a broader coronavirus assistance package.

United’s planned cuts, released in a memo to employees and shared with the media, would run between Oct. 1 and Nov. 30. They are significantly higher than the 1,900 announced earlier this week by Delta Air Lines DAL.N and 1,600 by American Airlines AAL.O.

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How flying private is different than airlines for furloughed pilots

  • Former airline pilots are turning to private aviation for flying jobs as the airlines prepare to furlough thousands.
  • Though the basic job of flying an aircraft is the same, the workload for a private aircraft pilot is far and beyond that of an airline pilot due to the personal nature of the business.
  • Airline pilots transitioning into the private side will need to be customer-oriented and learn how to adopt more relaxed practices.
  • Visit Business Insider’s homepage for more stories.

Furloughs in the airline industry are forcing pilots to find new work in other aspects of aviation, including flying privately-owned aircraft. 

Private aviation is in the midst of an expansion that’s seeing aircraft operators invest in more planes to bring in a new market of first-time private flyers who are abandoning first class thanks to the pandemic. A fleet of new planes requires more pilots to fly them and as

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Singapore Airlines to cut 4,300 jobs due to pandemic, most in its history

By Jamie Freed

SYDNEY (Reuters) – Singapore Airlines Ltd <SIAL.SI> said on Thursday it would cut 4,300 positions, or around 20% of its staff, due to the debilitating impact of the coronavirus pandemic on demand in the largest job losses in its history.

The airline said after taking into account a recruitment freeze, natural attrition and voluntary departure schemes, the potential number of staff affected would be reduced to around 2,400 in Singapore and overseas.

The company reiterated its forecast that it expected to operate less than 50% of its normal capacity by its financial year end of March 31, 2021. It is currently at 8%.

The airline has no domestic network and is wholly dependent on international demand at a time when many borders remain effectively closed.

It said to remain viable in an uncertain landscape it would operate a smaller fleet and reduced network in coming years, having

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Singapore Airlines to cut 4300 jobs

Singapore Airlines Ltd says it will cut 4300 positions, or around 20 per cent of its staff, due to the debilitating impact of the coronavirus pandemic on demand in the largest job losses in its history.

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The airline said after taking into account a recruitment freeze, natural attrition and voluntary departure schemes, the potential number of staff affected would be reduced to around 2400 in Singapore and overseas.

The company reiterated its forecast that it expected to operate less than 50 per cent of its normal capacity by its financial year end of March 31, 2021. It is currently at 8 per cent.

The airline has no domestic network and is wholly dependent on international demand at a time when many borders remain effectively closed.

It said to remain viable in an uncertain landscape it would operate a smaller fleet and reduced network in coming years, having already

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Struggling airlines lead U.S. planned job cuts in August: report

WASHINGTON (Reuters) – U.S. employers announced another 115,762 job cuts in August, led by struggling airlines as the COVID-19 pandemic weighs on travel and financial assistance from the government lapses.

Though the layoffs reported by global outplacement firm Challenger, Gray & Christmas on Thursday were 56% down from July, they lifted total job cuts so far this year to a record 1.963 million. The previous all-time annual high was 1.957 million in 2001. Companies announced 160,411 hiring intentions in August.

“The leading sector for job cuts last month was transportation, as airlines begin to make staffing decisions in the wake of decreased travel and uncertain federal intervention,” said Andrew Challenger, senior vice president at Challenger, Gray. “An increasing number of companies that initially had temporary job cuts or furloughs are now

making them permanent.”

The report followed news on Wednesday that private employers hired fewer workers than expected in August.

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United Airlines To Cut 16,000 Jobs When Federal Aid Dries Up This Fall

TOPLINE

United Airlines on Wednesday announced it will join American Airlines in cutting thousands of jobs in October due to ongoing low demand and the impending end of federal aid under the CARES Act.

KEY FACTS

After warning 36,000 of its nearly 92,000 employees last month that their positions were at risk, United announced it’s preparing to cut 16,370 workers on October 1. 

The non-voluntary cuts will impact 6,920 flight attendants, 2,850 pilots, 2,260 working in airport operations, 2,010 mechanics and 1,400 management jobs. 

Many of the workers will be furloughed, meaning they can return to their positions when demand picks up again.

Around 7,400 United employees have already chosen to leave the company and 20,000 others are on temporary leave programs. 

American Airlines made a similar announcement last week, with 19,000 employees expected to lose

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United Airlines plans to cut 16,000 jobs as coronavirus continues to hammer demand

United Airlines on Wednesday said it is planning to cut more than 16,000 jobs as early as next month, after federal coronavirus aid that protects aviation jobs runs out.

Those involuntary cuts, many of them furloughs that mean employees can be called back if demand returns, represent close to 17% of United’s staffing level at the end of 2019.

The number, however, is far lower than the 36,000 staff that Chicago-based United warned in July that their jobs were at risk. The reduction is thanks to thousands of volunteers who accepted buyouts, early retirement packages and more than a dozen other optional programs like voluntary furloughs, temporary leaves of absence, or reduced or shared schedules. Airlines pleaded with employees to take such options to reduce their head counts, offering perks like continued health care in some cases, a selling point during the pandemic. More than 7,000 United employees opted to

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United Airlines to cut 16,370 workers, many more going without pay

CHICAGO (Reuters) – United Airlines (UAL.O) said on Wednesday it is preparing to furlough 16,370 workers when federal aid expires on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry, though one union said many more people will be without pay.

United’s cuts include 6,920 flight attendants, but the union representing them said 14,000 will not have a paycheck in October unless Congress acts to extend $25 billion in aid.

This is because many have opted for leaves that will provide healthcare but no money, Association of Flight Attendants-CWA International President Sara Nelson said.

“United’s furlough announcement does not tell the full story,” she said.

Airlines have been lobbying Washington for a second stimulus package to protect jobs through March while the industry awaits a recovery. The first $25 billion, which covered airline payrolls, expires this month, but talks have stalled as Congress has struggled

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