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0.00202771206488686 0.00202771206488686 0.0141939844542076 0.0148698884758365 0.0158837445082799 0.0294018249408584 0.0310915849949308 0.0337952010814464
Stock impact report

Foreign pilots at Chinese airlines return home on unpaid leave as demand plummets [Reuters]

China Southern Airlines Company Limited (ZNH) 
US:NYSE Investor Relations: csair.com/en/about/investor
Company Research Source: Reuters
Foreign pilots at Chinese airlines return home on unpaid leave as demand plummets * Local pilots receive reduced pay as flying hours down * Around 80% of flights to, from, within China cut - OAG * Expat pilots say searching for other jobs By Stella Qiu and Jamie Freed BEIJING/SYDNEY Feb 19 (Reuters) - Foreign pilots at some Chinese airlines have returned to their home countries and are considering other jobs after being placed on unpaid leave as demand falls because of the coronavirus, affected flight crew told Reuters. Meanwhile, Chinese pilots with greater job security said their income has been sharply reduced because most of their pay is based on flying hours. Data firm OAG estimates about 80% of scheduled airline capacity to, from and within China has been cut this week because of SARS-CoV-2, the virus that has killed more than 2,000 people. Chinese airlines have been the hardest hit. Major employers of foreign pilots, including China Southern Airlines Co Ltd and HNA Group’s Hain Show less Read more
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