BA Cut 100 Pilots To Save £20m

British Airways is getting rid of more than 100 pilots with pay-offs of up to £150,000 each because of a huge fall in passenger numbers.

The move will save BA some £20million in salary, National Insurance and pension costs.

Managers wrote to 500 of BA’s 3,200 pilots offering voluntary redundancy or unpaid leave.

It is understood 130 put their names forward and they are being offered a year’s salary in severance pay.

Nearly 500 managers took redundancy in December and 300 office and support staff will have left by June 1.

In March, the number of BA business and First Class passengers fell by 13 per cent.

This month BA is expected to announce an annual operating loss of £150million.

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