Japan airline ANA eyes 30% average cut in annual pay for employees amid pandemic


All Nippon Airways has notified its labor union of a plan to slash annual pay for its about 15,000 ordinary employees by 30 percent on average, sources have said. […] In the April-June quarter, ANA Holdings suffered a group net loss of ¥108.8 billion, due to a plunge in income from passenger flights as many international flights were canceled.

Part of that giant loss is the complete closures of most of the company’s travel agencies in the country. This isn’t surprising in the least. Rarely do I see more than three planes in the distant sky at once anymore. In January one couldn’t go more than a minute or two without hearing a jet fly overhead …