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“However, your Excom (Executive Committee) members and SVPs (senior vice presidents) have volunteered to take pay cuts this month. For everyone else, you can expect your April salaries to be paid without the pay cuts,” Dutta told employees through an email, which has been accessed by PTI.
India has been under lockdown since March 25 to curb the coronavirus pandemic. All domestic and international commercial passenger flights have been suspended for this period. As a result, revenues of the Indian aviation industry have been hit hard.
“In deference to our government’s wishes of not reducing pay during the lockdown, we have decided not to implement the previously announced pay cuts during the month of April,” Dutta added in the email.
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“I am personally taking a 25 percent pay cut, SVPs (senior vice presidents) and above are taking 20 percent, VPs (vice presidents) and cockpit crew are taking a 15 percent pay cut, AVPs (assistant vice presidents), Bands D along with cabin crew will take 10 percent and Band Cs five percent,” Dutta had said on March 19.