By Reuters Staff
2 Min Read
FILE PHOTO: Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Fort Worth International Airport February 14, 2013. REUTERS/Mike Stone
(Reuters) - More than half of the world’s airline pilots are no longer flying for a living amid the plunge in demand during the coronavirus pandemic, according to a new survey, and those that are still flying feel less valued by their employers.
A poll of nearly 2,600 pilots by UK-based GOOSE Recruitment and industry publication FlightGlobal, released on Thursday, found only 43% were doing the job they had trained for, with 30% unemployed, 17% furloughed and 10% in non-flying roles.
More than half of world s airline pilots no longer flying: survey
Those that are still flying feel less valued by their employers, says survey of nearly 2,600 pilots
Reuters
January 28, 2021
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Fort Worth International Airport February 14, 2013. PHOTO: REUTERS/FILE
More than half of the world’s airline pilots are no longer flying for a living amid the plunge in demand during the coronavirus pandemic, according to a new survey, and those that are still flying feel less valued by their employers.
A poll of nearly 2,600 pilots by UK-based GOOSE Recruitment and industry publication FlightGlobal, released on Thursday, found only 43% were doing the job they had trained for, with 30% unemployed, 17% furloughed and 10% in non-flying roles.
More than half of world s airline pilots no longer flying, says survey
28 Jan 2021 Many pilots that are still flying have faced deteriorating working conditions.
More than half of the world s airline pilots are no longer flying for a living amid the plunge in demand during the coronavirus pandemic, according to a new survey, and those that are still flying feel less valued by their employers.
A poll of nearly 2,600 pilots by UK-based GOOSE Recruitment and industry publication FlightGlobal, released on Thursday, found only 43% were doing the job they had trained for, with 30% unemployed, 17% furloughed and 10% in non-flying roles.
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Hong Kong’s Cathay Pacific Airways Ltd said on Thursday it would issue HK$6.74 billion ($869.51 million) of convertible bonds to shore up liquidity, sending shares down as much as 9.7% in the worst daily decline in more than 12 years.
The stock ended at its intraday low of HK$5.95 per share, its lowest close since Nov. 9. That compared with a 2.6% fall in the benchmark Hang Seng Index.
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The five-year bonds will be dilutive to existing investors, representing 10.89% of the company’s enlarged capital once they are converted into shares.
Jan 29 (Reuters) - More than half of the world s airline pilots are no longer flying for a living amid the plunge in demand during the coronavirus pandemic, according to a new survey, and those that are still flying feel less valued by their employers.
A poll of nearly 2,600 pilots by UK-based GOOSE Recruitment and industry publication FlightGlobal, released on Thursday, found only 43% were doing the job they had trained for, with 30% unemployed, 17% furloughed and 10% in non-flying roles.
Many pilots that are still flying have faced deteriorating working conditions. Hong Kong s Cathay Pacific Airways Ltd , for example, instituted permanent pay cuts of up to 58%, and Turkish Airways and Singapore Airlines Ltd have temporarily lowering salaries.