Asiana Airlines seeks special measures for survival to overcome managerial crisis
Asiana Airlines seeks special measures for survival to overcome managerial crisis
  • Lee Kap-soo
  • 승인 2020.03.26 10:32
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Courtesy of Asiana Airlines

The airline industry, which is on the verge of collapse due to the COVID-19 pandemic, is seeking self-rescue measures to survive. Asiana Airlines on March 24 announced its "third self-rescue plan," which includes unpaid leave and pay returns.

Asiana Airlines, which entered an emergency management system last month, called this move a "special measure for survival."

Asiana Airlines will take at least 15 days of unpaid leave for all employees next month. Previously, all employees of Asiana Airlines, including general workers, flight attendants, cabin crew and maintenance workers, went on unpaid leave for more than 10 days in March. With the corresponding measures, Asiana Airlines saved 33 percent of its March pay.

The salaries of the executives will also be returned in addition. Executives of Asiana Airlines will be required to return an additional 10 percent of its salary starting in April, including 50 percent of the salary savings from unpaid leave.

The head of the organizations will also be paid back 50 percent of the salary depending on unpaid leave. Asiana Airlines plans to secure liquidity by expanding the size of the return of executive salaries.

Starting in March, Asiana Airlines has been offering full returns for the president's salary, 50 percent for executives and 30 percent for the organizations’ chiefs.

Asiana Airlines said that the COVID-19 crisis has caused international passenger routes to drop by about 85 percent. "The reservation rate in April also decreased by 90 percent compared to last year. "With the occurrence of more than 70 percent of idle workers, we will inevitably take special measures to expand unpaid leave for all employees," a company o

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