British Airways has made a deal with its pilots that will see 350 laid off and another 300 put in a ‘pool’ for rehiring when needed, said sources. The airline company said it will cut 12,000 jobs and proposed pay cuts for cabin crew.
“In the last few weeks, the outlook for the aviation industry has worsened further and we must take action now,” British Airways Chief Executive Officer Alex Cruz said in a letter to employees. “Any money we borrow now will only be short-term and will not address the longer-term challenges we will face.”
As per report, captains and first officers placed in the pool don’t have an aircraft currently to operate will be on half-pay, said the reports. On the other side all other operating flight crew will take a 15% pay cut.
The report further claims, the operating flight crew members will get 7.5% of their deducted pay back, only after the ‘pooled’ pilots return. The rest of the pay cut will be lost, it added. Most of the pilots who are being ‘pooled’ are Boeing 747 jumbo jet first officers.
British Airways said in an official statement that “constructive talks are ongoing with (UK pilots union) BALPA to save as many jobs as possible.”The company is owned by International Consolidated Airlines Group, which also owns Aer Lingus, Iberia and Vueling.
British Airline Pilot’s Association (BALPA) did not immediately respond to a request for comment. Last week, British Airways, which plans to lay off a quarter of its pilots, made a proposal to its cabin crew on pay cuts.