IndiGo to go for deeper pay cut for senior management, pilots

Airline major IndiGo will institute deeper pay cut for its senior management and pilots to tide over Covid-19 induced economic turbulence.

Accordingly, IndiGo’s Chief Executive Ronojoy Dutta conveyed the management’s decision to employees via a letter which was reviewed by IANS.

“In May of this year, we had implemented pay cuts of varying percentages, across the board for all employees, except for bands A and B. As part of our ongoing efforts to adjust our cost structure down in line with reduced revenues, I am afraid we need to take deeper pay cuts for ourselves,” the letter said.

“To cushion the impact among lower paid employees, this time around we will increase the pay cut percentages only among the employees at the very top of the pay pyramid.”