Singapore Airlines cabin crew in the transit area at Changi Airport Terminal 3 on June 12, 2020. - ST/ANN
SINGAPORE (The Straits Times/ANN): Singapore Airlines (SIA) will be taking more drastic measures to rein in costs, including bigger pay cuts for the management, a 10 per cent salary reduction for other staff, and early retirement for ground staff and pilots.
The full quantum of the monthly variable component of salaries will be cut from Saturday (Aug 1), in accordance with the group's collective agreements with its unions after the first-quarter operating loss for SIA and its regional full-service arm SilkAir.
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