He said this is a financial decision and requires approval of the Board.
"We are relentlessly working for a positive outcome," he added.
The CEO suggested that one pilot representing every base can collectively meet him on Monday as it would help him un understand their concerns.
"In the meantime, I take this opportunity to request you all that there should not be any flight disruptions due to crew availability with immediate effect, which can lead to our collective effort being unrecognised and can jeopardise the future of the company. In addition, it will have widespread repercussions and would lead to a negative image for Alliance Air," he added.