After much deliberation, Kingfisher Airlines (KFA) has restored the original salary structure of its pilots. Last month, the airline suddenly informed pilots that their flying hour allowance would be reduced from around 55 hours to 40. This step angered pilots who threatened to either strike or tender mass resignations.
KFA has over 600 pilots who had to take a hit of Rs one lakh each month on an average.
In response to a query, the company spokesperson told moneycontrol.com: “We follow best practices when it comes to salaries. There is nothing of sort happening at KFA company.”
Sample this: A commander draws a basic salary of Rs 4 lakh and gest Rs 2,500 for an hour of flying. A co-pilot or first officer has around Rs 3 lakh as a fixed component and around Rs 2,000 for an hour of flying.
“Flying allowance forms a major chunk of our salaries. Even a slightest change in the salary structure could dent our salaries," says a commander with KFA.
06/08/11 moneycontrol.com
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