Coronavirus: GoAir says all employees will have pay cut in March

No-frills airline, GoAir is likely to cut salaries of its employees across the board due to loss of revenue because of the coronavirus lockdown, said sources.

As the number of coronavirus positive crossed 500 on Tuesday, the Prime Minister on March 24 announced a complete lockdown in India. On Sunday, the Ministry of Civil Aviation (MoCA) and the Railway Ministry had announced the suspension of all domestic flights and passenger trains.

According to people in the know, GoAir will cut salaries of all its employees. “GoAir has no option but to cut the salaries. There is a complete lockdown, we cannot operate flights and it is difficult to keep the company going like this. We have made huge losses on our revenues. We are trying our best that the lowest in the strata of employees do not get affected but it is paramount that we do it in order to sustain the company.”