Go First to stop pilots’ retention allowance from July

Go First, which is undergoing insolvency proceedings, has reportedly informed pilots that it will stop paying their retention allowance from July.

This comes less than a month after the airline announced a retention allowance in an attempt to retain its employees who were looking for greener pastures soon after the airline applied under the Insolvency and Bankruptcy Code.

In an internal email in May, Go First had said that it would pay a retention allowance of Rs 1 lakh to captains and Rs 50,000 to first officers, per month.