{"id":347700,"date":"2020-04-21T11:19:26","date_gmt":"2020-04-21T05:49:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=347700"},"modified":"2020-04-21T11:19:26","modified_gmt":"2020-04-21T05:49:26","slug":"airasia-cuts-staff-salaries-by-up-to-20-for-april","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airasia-cuts-staff-salaries-by-up-to-20-for-april\/","title":{"rendered":"AirAsia cuts staff salaries by up to 20% for April"},"content":{"rendered":"<p>Mumbai: AirAsia India has cut the April salary of its staff by up to 20 per cent to tackle the airline&#8217;s finances amid the suspension of all commercial services till May 3 due to the lockdown, a source has said. Those drawing Rs 50,000 per month or less have been spared from the wage cut.<\/p>\n<p>The Bengaluru-headquartered budget carrier is the latest to join the other domestic airlines such as IndiGoNSE -1.77 %, SpiceJetNSE -3.66 % and Vistara, who have already taken similar measures to cut fixed cost amid grounding of their fleet.<\/p>\n<p>&#8220;AirAsia India has cut the April salary of its employees by up to 20 per cent. The senior management will take a pay cut of 20 per cent while the wages of the executives falling in others categories have been reduced by 17 per cent, 13 per cent and 7 per cent, respectively,&#8221; the source who is privy to the development told .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: AirAsia India has cut the April salary of its staff by up to 20 per cent to tackle the airline&#8217;s finances amid the suspension of all commercial services till May 3 due to the lockdown, a source has said. Those drawing Rs 50,000 per month or less have been spared from the wage cut. The Bengaluru-headquartered budget carrier is the latest to join the other domestic airlines such as IndiGoNSE -1.77 %, SpiceJetNSE -3.66 % and Vistara, who have already taken similar measures to cut fixed cost amid grounding of their fleet. &#8220;AirAsia India has cut the April salary [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-347700","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/347700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=347700"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/347700\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=347700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=347700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=347700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}