Singapore Cargo Problem
From Air Cargo News
SINGAPORE Airlines (SA) has offered its 300 cargo pilots up to 30 months’ unpaid leave due to the slump in air-freight demand.
“SIA Cargo needs to do all it can to contain costs,” said airline spokesman Stephen Forshaw.
The cargo unit made a loss of S$76 million (US$53 million) in the six months prior to September, compared with a S$19 million ($13 million) profit a year earlier. It operates 14 Boeing 747-400F freighters and uses capacity in its passenger aircraft bellyholds. Several of the freighters will be parked for at least the next three months.
Anyone got any specifics on this?