NEW DELHI : Air India informed its employees on Friday that it is taking various cost-cutting measures, including decreasing allowances for all employees, except cabin crew, by 10 per cent for three months as there is an “insurmountable dip” in the revenues due to the coronavirus outbreak.
These measures have been announced days after GoAir announced layoff of expat pilots and IndiGo declared pay cut for its senior employees due to “precipitous” fall in revenues amid the pandemic.
“In the wake of recent global developments and the serious impact of COVID-19 pandemic…there is an insurmountable dip in the revenue which calls for stringent measures to reduced our costs,” said an Air India office order to all its employees.
