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Vistara

06 April, 2020, 10:04 AM IST

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Vistara implements leave without pay for 30% of staff; defers increments

The CNPL stretches from the CEO all the way down to managers. The top down approach means that CXOs, senior vice presidents and vice presidents will take three day leaves, while the ones lower down take 1-2 days. Most of cabin crew, security and ground staff will be exempted.

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  • Kapoor joins the Wadia group owned airline at a time when the aviation industries in India and the world are struggling in the wake of the Coronavirus crisis which has all but wiped off air travel from the skies.The airline has offered a rotational leave without pay to its employees and is terminating the contracts of expatriate pilots.

    The fact that the government has allowed non-essential cargo for industry to be ferried for a fee has also opened up a potential business avenue for airlines, which are struggling with a loss of revenue due to the grounding of flights.

    “Which company would not be interested in evaluating a sovereign airline of the country?" Bhat said, while speaking at an event to induct Boeing 787-9 Dreamliner. The government, which could not sell the airline last time, is in the process of selling stake in the airline and has announced a massive debt reduction to find takers this time.

    Most of the airlines have commenced taking bookings for their flights from April 15 onwards. However, on Friday state-owned Air India said it has stopped bookings till April 30 and is awaiting a decision after April 14, when the nationwide lockdown is scheduled to end.

    Low-cost carrier IndiGo has cancelled several flights to West Asia (Dubai, Sharjah, Abu Dhabi) from March 17 until the travel restrictions are lifted. The airline’s flights from Chennai, Kolkata and two services from Mumbai to Dubai are cancelled. Flights from Lucknow, Hyderabad, Trivandrum to Sharjah; from Kochi, Kozhikode to Abu Dhabi are cancelled until March 28.

    At present, the Vistara board will likely shepherd the Air India bid. Once a decision is reached, it will be taken to the Tata Sons board, officials said. In November 2018, the Tata Sons board reportedly cautioned the management against rushing into any deal with Jet Airways, suggesting a thorough due diligence.

    "The aircraft will operate on domestic routes for crew training for a limited period of time, before being deployed on long-haul international operations," the full-service carrier said in its press release. The plane, which has the registration number VT-TSD, is the first wide-body aircraft in the airline's fleet and was received from Boeing last month.

    Tata group company Nelco announced it has partnered with Panasonic Avionics Corporation to offer in-flight communication (IFC) services.

    Government officials admitted that airlines were not providing cancellation fee waiver but added that the government might not act. “It is probably not the best time in view of the financial problems airlines are facing due to Covid-19,” said a senior government official, who did not want to be named.

    As aviation industry in India is struggling to main a normal schedule due to COVID-19, aviation consultant CAPA-Centre for Aviation has predicted a significant impact on the local airline industry, including initial grounding of 150 planes, retrenchments and an April-June combined loss of up to $600 million for carriers excluding Air India.

    Vistara will become the first Indian carrier to offer three-class product - Economy, premium economy and business class - on its long-haul flights. The other full-service carrier Air India offers two class product.

    Airline, airport execs say mild precautions taken against infection so far must be intensified

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