Pakistan International Airlines (PIA) has announced an across-the-board cut in its pilots’ salaries and perks amid financial constraints.
The national flag carrier issued a notification in this regard, suggesting that all pilots associated with PIA will face an up to 25 percent reduction in salaries.
The airline has limited allowances only for pilots who complete 50 hours of flight per month. Further, the guarantee allowance for pilots has been reduced to 50 hours instead of 75 hours.
The PIA will cut its pilots’ salaries by 25%, and the captains will be paid for 50 hours of guaranty allowance instead of 75 hours.
The notification maintains that a pilot will not be entitled to an increase in flying allowance for two years on every safety/FDM violation.
It further reads that sick leave for more than five consecutive days will not be entertained. Moreover, pilots will not be allowed more than seven consecutive leaves under the annual leaves plan.
The development has come less than six months after the national airline slashed salaries of its employees by 10 to 25 percent.
On June 4, PIA had announced the move due to the financial crisis due to the COVID-19 pandemic.
Earlier in October, PIA Chief Executive, Air Marshal (retd) Arshad Malik had informed the federal cabinet that the national airlines suffered a loss of Rs. 31.9 billion in the current year because of the COVID-19 pandemic that brought the aviation sector across the world on its knees.