PILOTS at British Airways are set to take a voluntary pay cut to help the airline weather a disastrous plunge in traffic that has led to it running up record losses.
The unprecedented move will be discussed this week at a meeting of the BA section of Balpa, the UK pilots’ union. Pilots are likely to be balloted on a range of cost-saving measures, including a small across-the-board pay cut, industry sources said. The union, which has held talks with BA ahead of this week’s meeting, hopes to have a package in place by the end of this month.
Willie Walsh, BA’s chief executive, has warned staff the company is in “a fight for survival”. He is seeking cost cuts across the board. While some