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B.A. says goodbye to over 100 pilots.
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Sandie Seward
Site Admin
Joined: 21 Nov 2005
Posts: 4426
Location: South Essex
Posted: Mon May 11, 2009 8:41 am
Post subject: B.A. says goodbye to over 100 pilots.
British Airways is getting rid of more than 100 pilots with pay-offs of up to £150,000 each because of a huge fall in passenger numbers.
The move will save BA some £20million in salary, National Insurance and pension costs.
Managers wrote to 500 of BA's 3,200 pilots offering voluntary redundancy or unpaid leave.
It is understood 130 put their names forward.
They are being offered a year's salary in severance pay.
Nearly 500 managers took redundancy in December and 300 office and support staff will have left by June 1.
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