The pilots are employed on fixed-term contracts
Singapore Airlines has taken the “difficult decision to advance the planned release of 76 pilots who are employed on fixed-term contracts”. The pilots will be cut from the payroll by the end of June as part of a cost-saving program. SIA currently employs around 2,300 pilots.
“Singapore Airlines currently has a surplus of pilots to its operational requirements as the global financial crisis of 2009-10 had resulted in excess capacity and slower-than-expected growth,” Singapore’s flag carrier explained. The airline “will assist them to pursue employment opportunities within the SIA Group and with other airlines.”
The airline has already suspended cadet pilot recruitment and has also asked pilots to take voluntary unpaid leave.
[pictured: Singapore Airlines Business Class; courtesy Singapore Airlines]