Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Finally, Garuda and Pilots Come to Terms
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

SITE PATA ASITA
Bali News

Finally, Garuda and Pilots Come to Terms

Strike Threat Ends as Pilots and Management Agree on Wages.


Bali News:
Click Image to Enlarge

(2/15/2003)

The threat of a system-wide strike by Garuda Indonesia's pilots against the airline has apparently come to an end.

At a press conference held on Friday, February 14, 2003, the agreed terms of pay increases for the airline's flying employees were announced by Ferdinand Nainggolan, the Deputy for Logistics and Tourism in the Ministry for State-Owned Enterprises. At the press conference, Nainggolan announced that he had been authorized by the Government to order Garuda's management to immediately implement the new pay rates. He also advised that the Government would soon be appointing a consultant, sometime in June or July of this year, to advise the Airline and the Government on a system for future wage structures at Garuda.

New Wage Structures

Under the approved wage structure, cockpit crew wages will increase 35% with pilots, depending on seniority and aircraft, now earning between Rp. 13.4 to Rp. 24 million per month (approximately US$ $1,505 to US$ 2,700). Co-pilots sitting in the right hand seat will earn between Rp. 6.7 to Rp. 11.6 million per month (approximately US$ 750 to US$ 1,300).

The same wage agreement announced at the press conference also provides for a 25% increase in wages for flight crews working in the passenger cabin.

Wage Increase Burdensome for Carrier

In announcing the wage increases, Nainggolan reminded the airline's employees that in current conditions where Garuda is unable to pay a dividend to the Government as its owners, the wage increases represent a real burden to the Company's balance sheet. Garuda continues to hemorrhage financially as it services a restructured US$ 900 million debt burden and is not expected to yield a dividend for at least 10 years to come.

Garuda Indonesia operates 54 aircraft flying to 21 domestic destinations and 25 international destinations. The Company currently employs 8,000 workers.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Sunset Swim Ends Tragically
Finnish Tourist Drowns Off Berawa Beach in Bali
(2/18/2018)
Making a Difference in the Lives of Bali Children
Australian Margaret Barry Honored with Order of Australian Medal for Her Work with Bali Children Foundation.
(2/18/2018)
Bale Banjar Culture Club: Balinese Music Demystified
Vaughn Hatch of Mekar Bhuana Speaks on Balinese Music at March 11, 2018, Bale Banjar Lecture Ė Ayoda Resort Bali
(2/18/2018)
350-kms by Hand Cycle Around Bali
Giro Hand Cycle Ride Around Bali April 28 Ė May 1, 2018
(2/18/2018)
Writing it Long, Writing it Clear
Protestors Bring 150-Meter-Long Banner to Governorís Office Rejecting Reclamation of Benoa Bay
(2/18/2018)
Canines Who Dine on What You Donít
Hotel in Ubud Recycles Leftover Food to Feed Hungry Bali Dogs
(2/18/2018)
Hate Two Pieces
Angry Citizens Demand Removal of Hotel Advertisement on Denpasar Ė Gilimanuk Highway.
(2/18/2018)
Itís All Happening at the Zoo!
Bali Zoo Booming Over Chinese New Year Period
(2/18/2018)
Banyuwangi as a New Gateway to Bali
Banyuwangi Ė the Quick Way to Access Baliís West and North, Now Poised to Become International Airport
(2/18/2018)
Fore Play in Nusa Dua
Free Golf Lessons on Wednesdays and Saturdays at Bali National Golf
(2/18/2018)
American Dies While Surfing
American Living in Bali Dies While Surfing off Sanur Beach
(2/18/2018)
A Nation of Islands; A Nation of Sails
Indonesian Traditional Pinisi Sailing Ships Named Icon of Cultural Heritage
(2/18/2018)
All [News]!