India’s largest airline IndiGo has implemented another round of pay cuts for its senior management and pilots.
Chief Executive Ronojoy Dutta will take a pay cut of 35 per cent while all executives with designations of senior vice-president and above will take a pay cut of 30 per cent. Simultabeously, pilots will face a further cut of 28 per cent to their salary while vice-presidents and associate vice-presidents will face a 15 per cent cut in their salary. The latest paycuts, which mean the senior management will get between 15 per cent and 35 per cent lower monthly salaries than normal times, will be implemented from September 1, Dutta wrote in a letter to employees.
