With effect from March 15, the group’s chief executive officer and executive vice president will take pay cuts of 12% and 10%, respectively.
SINGAPORE (Mar 12): Aircraft maintenance, repair and overhaul (MRO) services provider SIA Engineering Company (SIAEC) has announced pay cuts to help manage costs.
The announcement comes amid the Covid-19 pandemic that has devastated air travel, creating an increasingly uncertain and difficult business environment for SIAEC.
