Covid-19: IndiGo to deepen pay cuts for senior staff, pilots by 10-13%
NEW DELHI: IndiGo, which carries one in every two domestic air passengers, has deepened pay cuts for its senior employees and pilots by another 10-13%. This comes a week after the airline announced that it will lay off a tenth of its staff to survive the upheavals caused by the coronavirus pandemic.
These additional salary cuts are mostly targeted at the company’s top management like chief executive Ronojoy Dutta, who will take a pay cut of 35%, while others such as senior vice-presidents will take a 30% cut, vice-presidents a 25% cut and associate vice presidents a 15% cut, a company official said adding that salaries of pilots will be reduced by up to 13%.
In May, IndiGo, like most peers, had initiated 20-25% pay cuts for senior staff, including pilots, in addition to a graded leave-without-pay programme for all its employees until July to save on costs following the covid-19 pandemic.
