British Airways pilots face 50 per cent pay cut in desperate bid to save airline - News Summed Up

British Airways pilots face 50 per cent pay cut in desperate bid to save airline


British Airways pilots have opted to take a 50 per cent pay cut in April and May as the company fights for its survival amidst the coronavirus pandemic. BA has negotiated a deal with the pilots' union BALPA to avoid widespread lay-offsAccording to Sky News, British Airways has sent a letter to staff telling them the plan had been agreed with the pilots' union BALPA to fight 'the immediate threat to the business in the face of COVID-19 and the unprecedented impact this is having on the airline'. Allegiant CEO Maurice Gallagher and President John Redmond take full pay cut. British Airways CEO Willie Walsh is taking a 25% pay cut. For Owen Farrell, the England captain and Saracens fly half, a 25 per cent pay cut would be worth about £16,000 a month.


Source: Daily Mail March 21, 2020 18:24 UTC



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