PPRuNe Forums - View Single Post - SIA pilots stand its grounds....MOM to help !
Old 17th Jun 2003, 15:40
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millerscourt
 
Join Date: Jul 2002
Location: UK
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These savage paycuts that will be forced through using the MOM are only to save a maximum of $200 Million pa along with other economies,whereas in the last financial year SIA wrote off $300 Million through the just retired CEO,s wrecklessness for which HE should have been fired.
Also in Virgin Atlantic 49% owned by SIA who have not made an overall profit since this shareholding are in negotiation with their Pilots for a Payrise!!

If SIA were to cull the 'Seconded' Pilots as there are too many Pilots in SIA then the rest would not have their flying hours reduced to 'subsistence' Levels. These Pilots can always be taken on again if they are needed as there is always a steady number of ex BA 55 year olds available all the time who will do this job regardless of the Salary being offered, as they all claim to live offshore and don't pay tax, not only on their SIA salaries but also on their Pensions.
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