BA pilots to take pay cut
07.06.09
Pilots at British Airways are set to take a voluntary pay cut to help the airline weather a disastrous plunge in traffic that has led to it reporting record losses, the Times reports. The unprecedented move will be discussed this week at a meeting of the BA section of Balpa, the UK pilots’ union.
Pilots are likely to be balloted on a range of cost-saving measures, including a small across-the-board pay cut, industry sources told the newspaper. The union, which has held talks with BA ahead of the meeting, hopes to have a package in place by the end of this month.
Willie Walsh, BA’s chief executive, has warned staff the company is in ‘a fight for survival’. He is seeking cost cuts across the board, seeking to drive through permanent reductions in pay and conditions. While some groups of staff have played ball, Mr Walsh said recently that talks with cabin crew had yielded little. Some staff say they will only make temporary concessions to help in the current crisis.
The leaders of all BA’s unions are to meet tomorrow to discuss the airline’s plight, with another report suggesting up to 10% of BA's staff could face the axe.
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