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INDIGO PAY CUT
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
Air India turns to pay cuts and fewer flights as war worsens financial strugglesAir India is considering major cost-cutting steps amid the Iran war, including furloughs for nontechnical staff, salary cuts for senior exe...
India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
Addressing issues related to employee remuneration, says IndiGoIndigo in constant dialogue with its employees to take care of any issues or grievances.
More trouble for IndiGo? After pilots and cabin crew, now technicians go on mass leaveIndiGo is again facing trouble from its aircraft maintenance technicians after a significant number of technicians took mass leave at major...
7 IndiGo pilots under DGCA scanner for 'abusing' on emergency frequencyOn April 9, these pilots were allegedly found venting their ire over low salaries by using offensive language on 121.5 MHz frequency, which...
IndiGo suspends some pilots for planning pay cut protest leave tomorrowSome IndiGo pilots have been suspended for planning protests against the continued pandemic-time pay cuts while the airline recently gave e...
Employees of IndiGo subsidiary go on strike in Goa; flights slightly delayedThe airline has not had any terminations even during the pandemic over the last one year, it further said, adding, "Despite this, a small s...
IndiGo implements more pay cuts for senior management, pilotsThe latest paycuts—which mean the senior management will get between 15% and 35% lower monthly salaries than pre-Covid times— will be imple...
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 implemen...
Covid-19: IndiGo rolls back April pay cuts for staffIndiGo was the first airline to announce salary cuts of up to 25% across its workforce.
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 whi...
Vistara implements leave without pay for 30% of staff; defers incrementsThe CNPL stretches from the CEO all the way down to managers. The top down approach means that CXOs, senior vice presidents and vice presid...
After IndiGo, GoAir announces company-wide pay cutThe Airline had previously laid off its expat pilots, and introduced leave without pay for its employees along with a paycut of up to 50% f...
Coronavirus Impact: GoAir senior management to take 50% pay cutSenior management executives at GoAir are taking 50% pay cuts to control costs as virus cripples business.
Explained: What exactly is happening at Jet AirwaysJet Airways has informed its employees that the airline would not be able to operate beyond 60 days.
IndiGo takes delivery of first Sharklet equipped Airbus A320Sharklets are wing-tip devices that significantly cut the airline's fuel burn and emissions by four per cent on longer sectors.