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This, while the rest of the aviation sector resort to bailouts and layoffs to contend with mounting losses and debt. Besides the impairment on aircraft, SIA has also fully written down the goodwill of $170 million that was recorded when it took control of Tiger Airways in October 2014. The airline said in a statement: "The Singapore Airlines (SIA) Group today announced the difficult decision to cut around 4,300 positions across its airlines. ALPA-S wants to avoid a potential double whammy where pilots accept deeper pay cuts but end up facing further lay-offs down the line. The International Air Transport Association has said that passenger demand for air travel is not expected to return to pre-crisis levels until 2024. Those who have had to abort training are mainly foreigners. This move by SIA to invite foreign pilots to make up for the supposed manpower shortfall is puzzling because just 2 years ago, SIA announced that it would be shedding (retrenching or voluntary retirement) 12% of its pilot pool due to the business slowdown and it claimed in 2016 that it still had more than enough pilots than it needed. The Straits Times website, our local newspaper, reports that some local A340 pilots may well be retrenched too. The 53-year-old pilot is one of the over 50 pilots under the SIA Group — whom TODAY understands are all Employment Pass (EP) holders — who received the … The pilots were all Captains and employed on expatriate terms. After taking into account a recruitment freeze, natural attrition and the take-up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations. RESEND SINGAPORE, Sept 19 — Singapore Airlines (SIA) pilots will be taking pay cuts ranging from 10 to 60 per cent, after the union representing them agreed with their employers on a deal that could save about 400 jobs. This can number around 50 a month. According to MalaysiaKini, the lay off will involve 111 cabin crew. Then consider a national pilot based in Singapore, with some 20 years service in SIA, and who depends on his job for his and his family's livelihood. SIA Group, which comprises more than 20 subsidiaries like Scoot and SilkAir, hasn’t had a retrenchment exercise: there were pay cuts and over 6,000 employees of its 27,000-strong workforce have taken no-pay leave. “I know it is tough for all concerned. In September, SIA announced the largest retrenchment in its history with 4,300 positions, or around 20% of its staff, affected. The 53-year-old pilot is one of the over 50 pilots under the SIA Group — whom TODAY understands are all Employment Pass (EP) holders — who received the news of their retrenchments on Sept 14. SIA had also over the years frozen pilot cadet recruitment and … The Singapore Airlines (SIA) Group is potentially cutting 2,400 jobs across Singapore Airlines, SilkAir and Scoot amidst the fallout of the Covid-19 pandemic. "This decision was taken in light of the long road to recovery for the global airline industry due to the debilitating impact of the Covid-19 pandemic, and the urgent need for the group's airlines to adapt to an uncertain future.". The layoffs had been widely anticipated and come as international travel continues to be paralysed, with governments enforcing strict border controls to contain the pandemic. Foreigners have so far been among the first to be let go. In a memo to staff, SIA chief executive Goh Choon Phong said it was a “painfully difficult decision” to retrench staff, the toughest one that he has had to make in his 30 years at SIA. “The two airlines have different remuneration packages, so the aim is to put everyone on an even keel and seamlessly sew in a universally acceptable seniority list. Additional information on retrenchment in SIA 1,000 cabin crew from SIA,MI and SCOOT (all foreigners), 400 SIA pilots, another 1,000 is made up of pilots from MI … He urged staff to rally together to get through this difficult period. Some 2,400 staff across the three airlines under Singapore Airlines (SIA) Group will be retrenched as the embattled national carrier cuts 4,300 jobs amid the co Revenue for the group plunged 79.3 per cent to $851 million year on year, while expenditure dropped 51.6 per cent to $1.89 billion, the company said then. At the height of the severe acute respiratory syndrome outbreak in 2003 - … 198402668E. The company now says that the two should be treated no differently when it comes to retrenchment, and will be judged solely on which pilot … SINGAPORE Airlines (SIA) and the pilots union remain in talks over lay-offs as the parent airline began its retrenchment exercise on Monday. Subscribe to t.me/BizTimes. Singapore Airlines (SIA) and SilkAir will offer a wider range of main courses on flights under 3.5 hours 1 from 1 December 2020, providing customers with a greater variety of local Singaporean and international favourites on these routes as part of its new Economy Class meal concept. I attempted to apply for Cadet Pilot Program of SIA last 2018 but not yet submitted or further accomplished. Qantas is set to cut up to 2,500 jobs by outsourcing its Australian ground handling operations as it braces for a $10billion hit to revenue due to the pandemic. In the end, no pilot must be worse off. PERSPECTIVE: Singapore Airlines has recently cut 2,400 jobs, including pilots, ground staff and cabin crew alike. premium content on your favourite platforms, SoftBank-led round values Uber-like truck startup at US$12b, Hong Kong exchange plans smart contract solution for Stock Connect problems, Try a red wine from the nation of Georgia, Millions of Americans expect to lose their homes as Covid rages, JTC launches Jalan Papan industrial site for application, Stocks to watch: Broadway Industrial, Top Glove, Sembmarine, Starburst, Booking platforms' commission fees for SingapoRediscovers Vouchers prompt STB warning, Broker's take: Maybank KE upgrades Singapore, Malaysia tech sectors to 'positive', Hyflux JMs seek parties keen to take part in firm's revamp, Singapore stocks open higher on Tuesday; STI up 0.7%. 172 pilots and 50 engineers, and those involved will be notified via email within 24 hours. The land plot spans 0.56 hectare... By signing up, you agree to our Privacy Policy and Terms and Conditions. The layoffs had been widely anticipated, and come as international travel continues to be paralysed. Borrowing Money. Slowly but surely, we will emerge stronger together.”. [HONG KONG] Full Truck Alliance has raised US$1.7 billion from investors including SoftBank Group and Tencent... [HONG KONG] Hong Kong Exchanges and Clearing Ltd (HKEX) on Tuesday said it will introduce a new platform with so-... [NEW YORK] The country of Georgia considers itself to be the birthplace of wine, with a tradition going back about 8... [NEW YORK] Millions of Americans expect to face eviction by the end of this year, adding to the suffering inflicted... JTC on Tuesday launched an industrial site at Jalan Papan (Plot 5) for application. Passenger carriage fell across SIA, SilkAir and Scoot, resulting in a 99.5 per cent decline for the company. Singapore Airlines (SIA) pilots have agreed to take deeper pay cuts of up to 50 per cent so that more of them can stay employed. SINGAPORE Airlines (SIA) and the pilots union remain in talks over lay-offs as the parent airline began its retrenchment exercise on Monday. The Singapore Airlines (SIA) Group’s trainee pilots and cabin crew are the latest to be affected in the company’s retrenchment exercise. “In order to remain viable in this uncertain landscape, the Group’s airlines will operate a smaller fleet for a reduced network compared to their pre-Covid operations in the coming years.”. There are basically three types of employee: 1. However, they have reportedly made plans to cut about 300 jobs, including pilots, cabin crew and engineers. The Air Line Pilots Association — Singapore said that an agreement on the latest pay cuts for pilots was reached after four days of negotiations with Singapore Airlines. Pilots of Singapore Airlines are willing to take further pay cuts to remain employed. The 53-year-old pilot is one of the over 50 pilots under the SIA Group — whom TODAY understands are all Employment Pass (EP) holders — who received the news of their retrenchments on Sept 14. On 19 September, Singapore Airlines (SIA) announced that its pilot will be taking 10 to 60 per cent pay cuts starting 1 October after the SIA and the Air Line Pilots Association – Singapore (Alpa-S) reached an agreement that the pay cuts could save about 400 jobs. In a press statement, SIA said that it had to cut about 4,300 position across its airlines, however, the retrenchment has been “mitigated by a recruitment freeze that was implemented in March 2020, open vacancies that were not filled, an early retirement scheme for ground staff and pilots, and a voluntary release scheme for cabin crew”. ... they’ll be returning home after the retrenchment. AirAsia is looking to reduce their manpower as reports surfaced of the low cost airliner looking to retrench up to 300 of their staff due to the company being badly hit by Covid-19. SINGAPORE Airlines (SIA) and the Air Line Pilots Association - Singapore (Alpa-S) have inked a memorandum of agreement (MOA) which will see pilots taking a 10 per cent cut in their basic salary and an adjustment to their compulsory no pay leave (CNPL) scheme. The vendor will have a tough time ascwell. SIA had announced that it would slash about 20 per cent of its headcount - about 4,300 positions - amid the COVID-19 pandemic that has paralyzed the air travel sector. The Singapore Airlines (SIA) Group’s trainee pilots and cabin crew are the latest to be affected in the company’s retrenchment exercise. *** Most are already outsource. By registering, you agree to our T&C and Privacy Policy. The airline has let go about half of its cadet pilots and cabin crew trainees, while the rest will leave after their training is completed. Passenger carriage fell across SIA, SilkAir and Scoot, resulting in a 99.5 per cent decline for the company. 2,400 SIA staff affected by job cuts amid Covid-19 fallout, ... capacity reduction and pilot/cabin crew reduction in numbers? It said that the Group expects to operate at less than 50 per cent of its capacity at the end of the financial year in March next year, as compared to the levels before the Covid-19 pandemic. Foreigners have so far been among the first to be let go. SIA RETRENCHMENT. This is … 198402868E. SIA: All Trainee Pilots & Cabin Crew Won’t Be Hired; Half Already Let Go Of Immediately Written By Alexandra Tung Once again, it would seem that the dreams of those who wish to join one of the most prestigious airlines in the world have been dashed. SIA staff have also experienced pay cuts of varying degrees. 01-10-2020, 08:57 AM A subsequent agreement between the flag carrier and its pilot union saw some 400 jobs saved in exchange for pilots taking salary cuts of between 10% to 60%. SilkAir staff will receive SIA salaries and benefits, which are generally better, according to The Straits Times. But a log-in is still required for our PDFs. Coronavirus: SIA offers cabin crew early retirement and release as part of further cost-cutting measures, 6,000 SIA Group staff take no-pay leave, so firm can cope with crisis due to Covid-19 pandemic, SIA faces hard choices, sooner rather than later. About 2,400 staff in Singapore and overseas will be retrenched, while the remaining 1,900 roles will be accounted for through natural attrition, recruitment freeze and voluntary-departure schemes. In a Facebook post on Thursday, labour chief Ng Chee Meng said: “While news that our local airlines have to right-size does not come as a shock in these times, we can’t help but still feel a deep sense of loss and sadness. The pilots were all Captains and employed on expatriate terms. Also read: PSP’s New GE Candidates Include 23-Year-Old Whose 1st Job Will Be MP If He Wins. Get unlimited access to all stories at $0.99/month for the first 3 months. The youngest of the 6 is Singapore Airlines (SIA) pilot Terence Soon. SIA is interested on the passion and they will hire even with zero flying hours. “Regrettably, these efforts were insufficient to avoid it completely and overcome the severity and prolonged impact of the Covid-19 pandemic,” she said. The retrenchment exercise – which affects about 2,400 staff – is being conducted at the SIA Training Center, near Changi Airport, for Singapore-based staff. Please confirm for access to all your SPH accounts. Unfortunately it has begun . Staff were told of this during a virtual townhall on Thursday (Sept 10). Mr Goh added that the airline has reached an agreement with its unions on a set of cost-cutting measures. On Thursday (Sept 10), SIA announced that it would slash about 20 per cent or 4,300 positions, amid the Covid-19 pandemic that has paralysed the air travel sector. Eagle Services Asia Pte Ltd, an aircraft Maintenance, Repair and Overhaul (MRO) joint venture between Singapore Airlines (SIA) Engineering Company and … All rights reserved. Please also be assured that we will conduct the process in a fair and respectful manner, and do our best to ensure that you receive all the necessary support during this very trying time.”. SINGAPORE – Twenty-seven employees will be affected by a retrenchment exercise at Boeing Asia Pacific Aviation Services (Bapas), a joint venture between The Boeing Company and SIA Engineering Company. not expected to return to pre-crisis levels until 2024. The airline has let go about half of its cadet pilots and cabin crew trainees, while the rest will leave after their training is completed. Image courtesy of PSP. “It is the result of an unprecedented travel paralysis brought about by a global pandemic. The 53-year-old pilot is one of the over 50 pilots under the SIA Group — whom TODAY understands are all Employment Pass (EP) holders — who … You have reached your limit of subscriber-only articles this month. The three airlines under SIA Group are SilkAir, Scoot Tigerair and national carrier Singapore Airlines. 796 Singapore Airlines reviews. The school also has a campus in Jandakot, Perth. This is in addition to the 2,400 staff that were retrenched last week. SIA a couple of days ago began to retrench pilots from the A340 and A310 fleets. VERIFICATION EMAIL. Singapore Airlines crew arriving at Changi Airport in June. “We will continue to work with SIA Group on training opportunities for its remaining workforce, as well as render assistance to those whose incomes have been impacted, so that they are able to tide through this difficult period and be well positioned for when the market recovers.”, SPH Digital News / Copyright © 2020 Singapore Press Holdings Ltd. Co. Regn. They make up about 13 per cent of the 204-strong workforce at Bapas, which … We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. SIA board members will take a 30 per cent cut in their fees. At the height of the severe acute respiratory syndrome outbreak in 2003 - which was less devastating than the current pandemic - SIA retrenched several hundred staff, including pilots and cabin crew. No. Retrenchments have started for SIA and SilkAir cabin crew - a process expected to take place over the course of this week - while 50-60 pilots on employment passes were also understood to have been let go. Singapore Airlines' retrenchment will likely be one of the biggest by an Asian airline. The gift link for this subscriber-only article has expired. © 2020 SINGAPORE PRESS HOLDINGS LTD. REGN NO. He also emphasised that the exercise is due to factors beyond SIA’s control — namely, the travel paralysis brought about by Covid-19. Other concerns - for example, how outsourcing may get in the way of imparting SIA values to the pilot trainees - can easily be addressed with a customised training syllabus. It is a very sad time indeed. Until we resolve the issues, subscribers need not log in to access ST Digital articles. Given the current challenges to profitability, SIA must leave no stone unturned in the intensifying dogfight for air supremacy - and this includes how it trains its pilots. SIA a couple of days ago began to retrench pilots from the A340 and A310 fleets. Locals, or Singapore citizens. TODAYonline later interviewed some of the SIA foreign pilots affected by the recent SIA retrenchment exercise. This move by SIA to invite foreign pilots to make up for the supposed manpower shortfall is puzzling because just 2 years ago, SIA announced that it would be shedding (retrenching or voluntary retirement) 12% of its pilot pool due to the business slowdown and it claimed in 2016 that it still had more than enough pilots than it needed. “For our impacted colleagues, please know that this is not a reflection of your individual strengths and capabilities,” he said. You can read this subscriber-only article in full, All done! While it is not uncommon for many international carriers to use fuel hedging tools to reduce the risks of price volatility for a 12-month time horizon, very few carriers buy fuel more than two years in advance. In July, SIA had reported a $1.12 billion net loss in the quarter ended June 30 - its largest quarterly loss on record, as demand plummeted amid travel restrictions caused by the coronavirus pandemic. Singapore Airlines Ltd. said jobs are likely to be cut as part of a business review Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss. SINGAPORE: Singapore investment firm Commonwealth Capital and seafood restaurant Jumbo Group have come forward to offer jobs to recently retrenched … While there has been some reopening in recent weeks for essential business and official travel between Singapore and selected countries, including China, the passenger and flight numbers are a tiny fraction of pre-pandemic days. Additional information on retrenchment in SIA 1,000 cabin crew from SIA,MI and SCOOT (all foreigners), 400 SIA pilots, another 1,000 is made up of pilots from MI and SCOOT and overseas stations ground staff. A free inside look at company reviews and salaries posted anonymously by employees. Singapore Airlines’s (SIA) CEO said retrenchment is the last thing on their minds right now. SINGAPORE Airlines (SIA) and the pilots union remain in talks over lay-offs as the parent airline began its retrenchment exercise on Monday. Regional airline of Singapore Airlines (SIA), SilkAir, announced today that it will be progressively closing down its offices in 18 regional cities. SilkAir will also be letting go about 100 of its staff who are based in Indonesia, India, China, Thailand, Malaysia, Laos and Myanmar, over the next 20 months. (Photo: Getty) SINGAPORE — Embattled national carrier Singapore Airlines (SIA) Group on Thursday (10 September) announced that it will cut some 4,300 jobs across its three airlines. I have prepared an application to join SIA as a cadet pilot, but am wondering if I should hold off for a while till the situation improves before sending it off. A subsequent agreement between the flag carrier and its pilot union saw some 400 jobs saved in exchange for pilots taking salary cuts of between 10% to 60%. SINGAPORE - The Singapore Airlines (SIA) Group is cutting jobs amid the Covid-19 fallout. The article only mentions 30 cabin crew, which seems a very low number. Their contracts have been prematurely cancelled a few years early. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. The news article was published on Sunday (27 Sep). Azrin was among the 2,200 crew and staff of Malindo Air who were served with retrenchment letters on Oct 30. Singapore Airlines (SIA) and the pilots union remain in talks over lay-offs as the parent airline began its retrenchment exercise on Monday. “Relative to most major airlines in the world, the SIA Group is in an even more vulnerable position as it does not have a domestic market that will be the first to see a recovery,” added SIA. SIA foreign pilot: My fault for not applying PR and citizenship. Hello, your email is unverified. Singapore Airlines (SIA) and the Air Line Pilots Association - Singapore (Alpa-S) have inked a memorandum of agreement (MOA) which will see pilots taking a 10 per cent cut in their basic salary and an adjustment to their compulsory no pay leave (CNPL) scheme. CALL +65 6388 3838 EMAIL btocs@sph.com.sg, OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM, For daily updates on weekdays and specially selected content for the weekend. ST PHOTO: ALPHONSUS CHERN. 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