Employees will take 10-30% deductions in their March pay. SpiceJet chairman Ajay Singh will take a 30% pay cut. IndiGo, India's largest airline, had announced similar cuts a couple of weeks ago. GoAir, owned by the Wadia group, has asked employees to go on a rotational leave without pay.
The maker of Royal Enfield motorcycles has suspended payments to a few of its suppliers.
SpiceJet said on Sunday that one of its pilots who did not fly any international flight in March has tested positive for the coronavirus.
The aircraft, which will be used for Sunday's special flight, will be thoroughly cleaned and fumigated upon its return to Delhi and the airline will follow all the protocols for its crew members, the release noted. The flight will take off at 1.40 am from Delhi's Indira Gandhi International airport and land in Jodhpur airport at 2.55 am on March 29, the airline said.
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.
Investors lost over Rs 15 lakh crore last week, as m-cap of BSE-listed firm declined to Rs 129 lakh crore.
So far, the pandemic has resulted in more than 4,000 deaths worldwide, and the number of coronavirus patients in India has risen to 73. "The aviation sector is under a lot of pressure. But this is temporary. We have been here before," SpiceJet Chairman and MD, said in a statement. SpiceJet is "closely working" with the government, he added.
The airline has informed passengers that it is safe to fly as India is least affected by the coronavirus with 52 reported cases despite such a large population and zero deaths. The airline has also said that its ground staff as well as cabin crew members are taking all precautions like regularly use hand sanitisers and masks to protect themselves from coronavirus.
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