Indian carriers implement fresh round of pay cuts for staff
Indian carriers have survived so far without fiscal assistance. But the scenario remains bleak.
Vistara announces 5-20 per cent pay cut for 40 per cent employees till December
"About 60 per cent of our employees are not impacted by the p...
Vande Bharat fares cut for US, Canada
A Toronto-Delhi economy ticket is listed at ₹75,321 on the Air India mobile application, compared with ...
AirAsia cuts staff salaries by up to 20% for April
"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," the source who is privy to the development told .
IndiGo reinstates pay cut for senior employees from May
“While we had paid employee salaries in full for the months of March and April, I am afraid that we are left with no option but to implement the originally announced pay-cuts from the month of May 2020,” CEO Ronojoy Dutta told staff in a letter. Dutta said the leave would range from 1.5 to 5 days and would’t impact level A or the bottom rung of employees.
Air India unions challenge in Bombay HC pay cut due to pandemic
Air India employee unions have moved the Bombay High Court against the airline's decision to slash allowances, which form a major part of salary, by ten per cent because of the impact of the coronavirus pandemic.
Covid-19 crisis: SpiceJet to pay part salaries to 92% of employees, no job cuts
Budget passenger carrier SpiceJet on Thursday said that it will pay part salaries to over 92 per cent of its employees and t hat there will ...
Pay 10% fare now and get ticket: IndiGo launches flexible payment option
Passengers can defer the 90 per cent remaining payment "for a period of up to 15 days either from the date of bookings or before the date of departure" under this scheme, IndiGo said in a press release.
After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21
The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent.
Covid-19: IndiGo rolls back April pay cuts for staff
IndiGo was the first airline to announce salary cuts of up to 25% across its workforce.
Centre clarifies on 'pay-cut of central employees', says no such proposal under consideration
The Central government today denied talks of any plan to cut salaries of its employees amid the ongoing crisis. The denial by FinMin came fo...
From Oyo to Zomato, startups soften pay cuts by expanding Esops pool
Companies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.
Air India gives permanent staff option to work for three days a week at 60 per cent pay
Air India has unveiled a "shorter working week scheme" for some staff in a bid to improve its cash flow position.
No salaries for Apr, May; hours flown-based pay for those operating cargo flights: SpiceJet to pilots
SpiceJet on Wednesday told its pilots that they will not be paid salaries for April and May, and said those who have been operating cargo fl...
Oyo sends letter to staff stating it's making all employees shareholders
In April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
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