Kingfisher slashes salaries of trainee pilots

Kingfisher Airlines had to resort to this move as some of its aircraft have been grounded for quiet some time. Top airports | India Aviation 2008

By PTI | Oct 18, 2008, 06.42 PM IST

MUMBAI: Vijay Mallya-promoted Kingfisher Airlines today said it has slashed salaries of its trainee pilots 'significantly'.

"Remunerations of these (trainee) pilots have been slashed significantly as a part of our cost-cutting initiatives," a senior Kingfisher Airlines official told reporters without giving the quantum of the cut.

Line pilots and commanders of flights, have, however, been exempted from this move, he said.

"The airline had to resort to this move as some of its aircraft have been grounded," the official added.

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