Canindia News

IndiGo to pay full April wages to all employees barring top brass

New Delhi, April 23 (IANS) Airline major IndiGo will not institute any pay cuts for the month of April barring only the seniormost leadership. In an email to employees, IndiGo’s Chief Executive Ronojoy Dutta informed that there will not be any pay cuts for the month of April.

However the leadership team comprising of SVPs and above are taking a ‘voluntary’ cut to aid the company in dealing with the economic fallout of Covid-19 on the airline. The airline sector is suffering from the lockdown which has been implemented to curb the spread of Covid-19.

Significantly, IndiGo will be the only airline to initiate such a step. Earlier, the airline decided to repay the full amount of cancelled tickets to customers who had booked tickets for travel from May 15 onwards. Last month, IndiGo had instituted a pay cut for the majority of its employees.

Accordingly, Dutta that time had said: “I am afraid that the impact of the coronavirus on the aviation industry has been particularly severe… Governments across the globe have issued travel advisories which have resulted in a virtual shutdown of all our international flights.”

In the last instance, Dutta had taken a 25 per cent pay cut. Similarly, senior vice presidents and above took a 20 per cent cut followed by VPs and cockpit crew at 15 per cent, AVPs, Bands D along with cabin crew at 10 per cent and Band Cs at 5 per cent.

–IANS

rv/sn/kr

YOU MAY ALSO BE INTERESTED IN

IIFL dealer, 5 others barred from securities market for front running

CanIndia New Wire Service

India can become AI laboratory of the world: NITI Aayog CEO

CanIndia New Wire Service

India needs to move beyond exporting raw materials: Goyal

CanIndia New Wire Service

Growth in data tariffs, broadband reach show move towards higher ARPU

CanIndia New Wire Service

Three pvt banks in TN, Kerala hit headlines for wrong reasons

CanIndia New Wire Service

Stimulus, healthy macros expected to lift markets (IANS Equity Outlook)

CanIndia New Wire Service

‘CIRP threshold against personal guarantors should be raised’

CanIndia New Wire Service

Unscathed: Pent-up demand more sustained, predictable now, says Kia India (IANS Special)

CanIndia New Wire Service

Accounts not performing due to delay won’t be labelled NPAs: Centre

CanIndia New Wire Service

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

SUBSCRIBE TO OUR WEEKLY NEWSLETTER

Stay up to date with the latest news and exclusive offers directly in your inbox