Regional Round-Up
SIA to release contract pilots
February 1st 2013
Singapore Airlines (SIA) has announced a “difficult” decision to bring forward the release of 76 pilots employed on fixed-term contracts as the airline addresses slow growth following the global financial crisis. Previously, pilots had only been released on completion of their contracts. Read More »
A statement issued by SIA said the airline had a surplus of pilots following the economic downturn of 2009-10, which had resulted in excess capacity and slower than expected growth.
The pilots are expected to be released by June 30. The carrier said it would assist them to find work either within the SIA Group or with other airlines.
SIA had earlier introduced voluntary no-pay leave and the suspension of cadet pilot recruitment to help ease the surplus. Pilots on fixed-term contracts make up about 4% of the airline’s pilot workforce.