SIA offers cabin crew early retirement and release as part of further cost-cutting measures

[trento]

Those who asking when sia retrench should be happy now

its not retrenchment

 

[Hysteri]

Who bought SIA stocks?

 

[Acetone]

This isn’t a retrenchment

Those who asking when sia retrench should be happy now

 

[Nevereatrice]

Still got other airline what

 

[ichinisan]

Don’t even know when will air travel resume back to normal. All these crews are in a difficult situation.

 

[roflolmao]

Now see more sia stewardess doing fl?

 

[Tony.Manero]

When merge with air India?

 

[bwaysaikryptonite]

Can soon pick up sia stock below $1 or notch ?

 

[sfugel]

Can soon pick up sia stock below $1 or notch ?

Not gonna happen anytime soon sadly.

 

[fortunecat]

Those who asking when sia retrench should be happy now

Haven't retrench leh, this is retirement package which is voluntary one

 

[Acetone]

By year end should see it break below $3

Not gonna happen anytime soon sadly.

 

[Hoshisora]

Actually i think no choice for them. They have clearly anticipated a gloomy scenario that the industry will not recover anytime soon in the next 2 - 3 yrs (possibly longer as a doomsday projection).

It is only sensible to lower operating expenses as much as possible, to extend the runway to burn their cash at hand to stay afloat.

Dont see why anyone should rejoice over this.

Should they fall, the ripple effect will be on an unprecedented scale for the rest of Singapore.

 

[trento]

Actually i think no choice for them. They have clearly anticipated a gloomy scenario that the industry will not recover anytime soon in the next 2 - 3 yrs (possibly longer as a doomsday projection).

It is only sensible to lower operating expenses as much as possible, to extend the runway to burn their cash at hand to stay afloat.

Dont see why anyone should rejoice over this.

Should they fall, the ripple effect will be on an unprecedented scale for the rest of Singapore.

govt help so won't fail

 

[Jiakholiao]

in other words, voluntary retrenchment ijit? so merciful

 

[mistersatki_]

govt help so won't fail

Govt money from our backside dig out one leh
Ur gst baojiak become 9percent

 

[b0ring]

Early retirement start at what age?

 

[lazysundae]

chop more else we have to bail out more

Sent from Anfield YNWA using GAGT

 

[Slacking1977]

Actually i think no choice for them. They have clearly anticipated a gloomy scenario that the industry will not recover anytime soon in the next 2 - 3 yrs (possibly longer as a doomsday projection).

It is only sensible to lower operating expenses as much as possible, to extend the runway to burn their cash at hand to stay afloat.

Dont see why anyone should rejoice over this.

Should they fall, the ripple effect will be on an unprecedented scale for the rest of Singapore.

Ya. Dont know why ppl here like to rejoin over ppl losing job.
Once SIA start retrenching, thousands more ppl looking for job will be added to the current unemployment pool.
The unemployed will stop spending affecting other business and then more retrenchment.
Maybe COE and housing cheaper but u dare to buy when you might lose ur job ?

 

[Mecisteus]

Package must be good to entice volunteers to retire ie 2 months for every 1 year service.

Otherwise who would want to volunteer?

 

[Delsamor]

Where got so good, I hope there isn't any package, just let them go. Cannot pop my champagne yet