British Airways pilots will face a 50% pay cut to their basic salary for April and May, as the airline seeks to reduce its cost to try survive the coronavirus crisis, the Financial Times reported.
British Airways in a letter to its staff said it had agreed to initial measures with BALPA, the UK-based pilot union that aims to address “the immediate threat to the business in the face of COVID-19 and the unprecedented impact this is having on the airline,” the newspaper reported.
But a union source told FT that pilots’ pay cut would work out to less than 50% based on an agreement that pilots can temporarily suspend their pension contributions.
The BALPA denied that there would be 50% pay cuts.
