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By Ken Richards
BASSETERRE, St Kitts (WINN) — Regional airline LIAT has asked its pilots and other employees for additional pay cuts after they recently agreed to take a six percent salary cut.
The cash-strapped airline, which is facing severe financial problems, said the six percent pay cut won’t be enough to help keep LIAT flying.
Caribbean Media Corporation (CMC) quoted an internal LIAT document that said the proposed cut does not go far enough.
The document said that the shareholders are “considering additional measures to address the financial challenges of the airline and that it would continue to update staff on discussions and the proposed measures that will be agreed upon.”
LIAT has not yet made any official comment on the matter.
Last month, pilots employed with the regional airline agreed to a less than ten percent salary cut in a bid to keep LIAT in the air.
By Ken Richards
BASSETERRE, St Kitts (WINN) — Regional airline LIAT has asked its pilots and other employees for additional pay cuts after they recently agreed to take a six percent salary cut.
The cash-strapped airline, which is facing severe financial problems, said the six percent pay cut won’t be enough to help keep LIAT flying.
Caribbean Media Corporation (CMC) quoted an internal LIAT document that said the proposed cut does not go far enough.
The document said that the shareholders are “considering additional measures to address the financial challenges of the airline and that it would continue to update staff on discussions and the proposed measures that will be agreed upon.”
LIAT has not yet made any official comment on the matter.
Last month, pilots employed with the regional airline agreed to a less than ten percent salary cut in a bid to keep LIAT in the air.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
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