IndiGo rolls back pay cut in April salary of employees in deference to govt's wishes
IndiGo CEO Ronojoy Dutta told employees on Thursday that the airline has decided to roll back the pay cuts, which were announced earlier for senior staff members, for the month of April in deference to the 'government's wishes'
New Delhi: IndiGo CEO Ronojoy Dutta told employees on Thursday that the airline has decided to roll back the pay cuts, which were announced earlier for senior staff members, for the month of April in deference to the "government's wishes".
"However, your Excom (Executive Committee) members and SVPs (senior vice presidents) have volunteered to take pay cuts this month. For everyone else, you can expect your April salaries to be paid without the pay cuts," Dutta told employees through an email, which has been accessed by PTI.
.@IndiGo6E to pay full salaries to most employees except top management for April
Alert- IndiGo had announced 5-15% pay cut for pilots, cabin crew, assistant vice presidents, vice presidents, Band C & Band D employees pic.twitter.com/KmdXF1C2Dj
— CNBC-TV18 (@CNBCTV18Live) April 23, 2020
India has been under lockdown since 25 March to curb the coronavirus pandemic. All domestic and international commercial passenger flights have been suspended for this period. As a result, revenues of the Indian aviation industry have been hit hard.
"In deference to our government's wishes of not reducing pay during the lockdown, we have decided not to implement the previously announced pay cuts during the month of April," Dutta added in the email.
He had announced on 19 March that the airline was instituting pay cuts for senior employees and he would himself take the highest cut of 25 percent amid the COVID-19 pandemic that has hit the aviation industry hard.
"I am personally taking a 25 percent pay cut, SVPs (senior vice presidents) and above are taking 20 percent, VPs (vice presidents) and cockpit crew are taking a 15 percent pay cut, AVPs (assistant vice presidents), Bands D along with cabin crew will take 10 percent and Band Cs five percent," Dutta had said on 19 March.
Maharashtra's COVID-19 recovery rate stands at 97.06 percent, while the fatality rate is 2.12 percent
Among the eight regions of Maharashtra, the Pune region reported the highest 1,483 new COVID-19 cases, followed by 970 cases in the Mumbai region
On 9 February, Maharashtra had reported 2,515 new COVID-19 cases, while 22 deaths were registered on 8 March