SALARY TERMS &

CONDITIONS

Peach Aviation Limited

REV on 2023/SEP/11
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1. Employment Period
Training Permanent
After Age 65
Contract employment

Until completion
of initial training 1 year contract
& designation by renewable until
company as Until Age 65 Age 68
line Captain

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2. Monthly Salary (before raise)
Flight Pay
Base A Base B (Base Rate Per Hour) Non Flight
Year *(Based on PIC Flight *(Includes 50hrs of *(Flight Pay shall be paid
Time on Commercial Flight Pay Guarantee) for flight duty in excess of Credit Hours
Jets) Includes DC 50 Hours)

1 290,000 625,000 12,500

2 300,000 625,000 12,500
3 310,000 625,000 12,500
4 320,000 625,000 12,500
5～ 330,000 625,000 12,500
Refer to P.4
10～ 350,000 625,000 12,500
15～ 350,000 625,000 12,500
20～ 350,000 625,000 12,500
25～ 350,000 625,000 12,500
30～ 350,000 625,000 12,500
Flight Pay Rate Adjustment (for flight duty in excess of 50 hours)
Monthly Flight Hours 51 to 60 61 to 70 71 to 80 81 to 90 91 to 100 100+
Adjustment 120% (1.2x) 140% (1.4x) 160% (1.6x) 180% (1.8x) 200% (2x) 220% (2.2x)
✔ “Monthly Flight Hours” shall include credit hours.
✔ Flight Pay will be calculated by applying adjustment of each of the above section to base rate.
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2. Monthly Salary (after raise)
Flight Pay
Base A Base B (Base Rate Per Hour) Non Flight
Year *(Based on PIC Flight Time on *(Includes 50hrs of *(Flight Pay shall be paid for
Commercial Jets) Includes DC Flight Pay Guarantee) flight duty in excess of 50
Credit Hours
Hours)

1 390,000 700,000 14,000

2 400,000 700,000 14,000
3 410,000 700,000 14,000
4 420,000 700,000 14,000
5～ 430,000 700,000 14,000
Refer to P.4
10～ 450,000 700,000 14,000
15～ 450,000 700,000 14,000
20～ 450,000 700,000 14,000
25～ 450,000 700,000 14,000
30～ 450,000 700,000 14,000
Flight Pay Rate Adjustment (for flight duty in excess of 50 hours)
Monthly Flight Hours 51 to 60 61 to 70 71 to 80 81 to 90 91 to 100 100+
Adjustment 120% (1.2x) 140% (1.4x) 160% (1.6x) 180% (1.8x) 200% (2x) 220% (2.2x)
✔ “Monthly Flight Hours” shall include credit hours.
✔ Flight Pay will be calculated by applying adjustment of each of the above section to base rate.
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3. Years Calculation ( Base Salary A )
Flight hours as PIC on Jet when joining Peach Year Applied

Less than 1,000 Hours 1

Less than 2,000 Hours 2

Less than 3,000 Hours 3

3,000 Hours or above 4

Note: Only PIC time on the following Commercial Jet(s) shall be considered (PIC time on
Business Jets shall not be considered). PIC time on any other Commercial Jet with 50 or
more seating capacity shall be considered on a case by case basis.
• Boeing 7x7 Series
• Airbus A3xx Series
• CRJ Series
• ERJ Series
• Fokker 100
• DC/MD Series
• L1011
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4. Non Flight Credit Hours Adjustment Examples
Task Adjustment
・ Airport Standby
・ GS/Ground Training for maintaining one’s own qualification
✧ Recurrent Training GS, Emergency Training, CRM Training for Captains, First
Officers 0.5
✧ Recurrent Training GS for Route Instructors, Instructors, Flight Instructors,
Checkers
✧ GS for obtaining Airport Qualification, GS for Flight Approval etc.
・ Home Standby
・ GS for obtaining one’s own qualifications
✧ GS for appointment as Counselor Pilot, Route Instructor, Instructor, Flight
Instructor, Checker 0.25
✧ GS for Captain Promotion Training (does not include GS for First Officer
Promotion Training)
・ The following FFS Tasks
✧ Training/Check for maintaining one’s own qualification
‒ Appointment training/check for Route Instructors, Instructors, Flight Instructors,
Checkers
‒ Training/Check for promotion to Captain (does not include training/check for 0.65
promotion to First Officers)
‒ Appointment training for Counselor Pilots
✧ The Appointment Training and Recurrent Training for Test Flight Crew
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5. Monthly Salary Example
Note: Below is an example for a Captain candidate who has accrued PIC Jet Time of
less than 3000 hours in total before joining Peach. The monthly salary calculation is
done based on the assumption of flight time of 70 hours with two Airport Standbys
at 6 hours each and one Home Standby for 6 hours.
DC and Fixed Allowance
Base A Included 410,000 JPY
Base B 700,000 JPY
2 Airport Standby (6hrs Each) = 12hrs × 0.5 (Credit) = 6hrs
Credit Hours for 1 Home Standby (6 Hours) = 6hrs × 0.25 (Credit) = 1.5hrs
Standby Total Credit Hours = 7.5hrs
Total Flight Time Exceeding 50hrs = 20 + 7.5 = 27.5hrs

Flight pay for flight 51 to 60hrs (10hrs @ 14,000/hr × 1.2) = 168,000 JPY
duty in excess of 61 to 70hrs (10hrs @ 14,000/hr × 1.4) = 196,000 JPY
50 Hours (27.5 in
71 to 77.5hrs (7.5hrs @ 14,000/hr × 1.6) = 168,000 JPY
this case)

Total Monthly
Salary (Gross) 1,642,000 JPY

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6. Training Salary and Training Cost

Training Salary

￥
• Base Salary A + Base Salary B + Flight Pay
(for flight duty in excess of 50 Hours)
• Non Flight Credit Hours shall not be
considered during the training period

Training Cost
￥ • Paid by Company
• Payback 2,500,000 JPY if you resign
within 24 months.
• Not applicable if JCAB A320 type rated.

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7. Joining Bonus

Captains position（※ANA Group transfer employees excluded.)

Subject role
P.S. It is subject to change depending on the recruitment situation.

Payment After completing the initial training successfully and being

Timing designated as a line Captain.
JPY（Taxable）
Currency of
※Not applicable for Exchange rate change compensation
Payment
allowance

Categories
※ This bonus is provided within a specific timeframe.

※ The expected range is JPY 500,000 - JPY 1,500,000,

depending on the individual’s conditions.

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8. Benefits and Allowances
1. Local Commuting Allowance 2. Early morning & Late Night
• During training: 10,000 JPY/month Transportation Allowance
• After check out: 60,000 JPY (KIX)/80,000 JPY Hotel, taxi, or own car transportation expense for
(NRT) /month early morning or late night.
KIX base: Up to 11,000 JPY
8. Moving Allowance NRT base: Up to 9,000 JPY
Overseas: Up to 600,000 JPY
Within Japan: Amount according to 3. Home Travel Allowance
the company’s regulations
Economy class ticket (or)
200,000 JPY (gross) each month &
7. Layover Allowance available after completion of initial
training & designation by company as
Non-Flight Related
line pilot.
• Japan: 2,500 JPY/night
• Overseas: 4,000 JPY/night
Flight Related
• 5,000 JPY/night (Dom/Int) 4. Employee Fare Travel
Peach Flights/ANA Flights

6. Exchange rate Compensation Allowance

Applicable when the company`s monthly exchange rate is above 5. Annual Bonus
100 JPY/USD. Depend on
Unit allowance according to the company’s regulations. Company’s annual profit level
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9. Tax, License and Insurance
Employees’ Health Insurance / Employees’ National Pension
• Half paid by company & Half paid by Pilot. (Pension and social insurances shall
be deducted from gross salary. There will be adjustments based on actual total
amount of payment through the year.)

Loss of License Insurance

• 50% of monthly salary is covered until 60 years of age by the insurance
company.
• Additional coverage is available at candidates’ own expense.

Medical / English License

• Initial fee at candidates’ own expense.
• Renewal fee paid by Company.

Withholding Tax
% • Paid by Pilot. (Income tax, local tax etc. shall be deducted from net salary . There
will be adjustments based on actual total amount of payment through the year.)

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10. Leaves

Annual Sick Leave Annual Off Days

14 days 120 days as minimum

Additional Annual Paid Annual Paid Leave

Leave (Refresh Leave) 20 days
4 days (must be consecutive)

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11. Roster Pattern

1.Commuting Pattern
【Basic Pattern】
● 7 consective days off（Every month)

【The following Combination can be available】

● 14 consecutive days off ( Every 2 months)
● 21 consecutive days off ( Every 3 months)

2. Local Pattern
● Fixed pattern (4 Days on 2 Days off) and Normal Pattern (some requested
days off) can be available.

※Details will be given during the screening process.

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