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Royal Air Maroc Negotiates Rescue Plan, Pilots Agree to 45% Pay Cut
Tuesday 19 May 2020, by
Royal Air Maroc (RAM) is actively preparing its rescue plan. The Moroccan airline has engaged in separate talks with the government council and the Moroccan Association of Airline Pilots (AMPL).
The company’s top management and AMPL representatives held a meeting on Friday, May 15, according to sources, during which the social partners agreed to a 45% reduction in pilots’ salaries, regardless of their productivity, for 5 years.
"There is nothing left to negotiate, because the life of the company is not negotiable. Beyond our corporate demands, the priority is to revive RAM," an AMPL member had confided to Medias24 before the said meeting was held.
This consent from AMPL is an act of solidarity that will allow RAM to better refine its rescue plan. "We must change the way we work and review our costs and fixed costs in a strong and sustainable way, in order to be more competitive and more agile," the company’s CEO, Abdelhamid Addou, had indicated in a recent letter.