SINGAPORE - The basic salaries of Singapore Airlines pilots will be gradually restored to pre-Covid-19 levels by January next year as demand for air travel returns with the reopening of borders around the world.
By then, almost three years would have passed since the national carrier had to implement pay cuts and other staff measures toFor senior management and board members, however, salary reductions of up to 30 per cent will continue to remain in effect, SIA's spokesman said. This will go down to between 5 per cent and 6.5 per cent from July, and then down to between 2.5 per cent and 3.3 per cent from October.
For instance, if flying hours increase to more than 65 hours a month by November, the pay cuts will cease with effect from December instead of next January. This included cutting the monthly variable component that makes up about 10 per cent of a pilot's basic salary. They previously had their pay reduced by up to 30 per cent after base pay cuts were introduced for all CAG staff in April 2020.
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