New Delhi: Amid turbulent times in the aviation space, top executives of listed carriers have seen their salaries coming down, with low-cost SpiceJet's CEO taking the biggest cut.
Neil Raymond Mills, who quit as CEO of Spicejet this July, saw his annual pay coming down to Rs. 3.32 crore in 2012-13, from Rs. 4.97 crore in the preceding year, according to company's annual report.
It also said Spicejet's managing director S Natrajhen, however, saw his total remuneration rising to Rs. 89.1 lakh during the last fiscal, from Rs. 34.6 lakh in 2011-12.
Crisis-ridden Kingfisher's CEO Sanjay Aggarwal also saw a marginal dip in his salary to Rs. 3.99 crore in 2012-13, from about Rs. 4.01 crore in 2011-12, the airline's annual report said.
The third listed air carrier Jet Airways has not disclosed the salary of Nikos Kardassis, who resigned as its CEO in June 2013, in its latest annual report.
Jet chairman Naresh Goyal earned a sitting fees of Rs. 60,000 in 2012-13, unchanged from the last year's figures.
29/09/13 PTI/NDTV.com
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Neil Raymond Mills, who quit as CEO of Spicejet this July, saw his annual pay coming down to Rs. 3.32 crore in 2012-13, from Rs. 4.97 crore in the preceding year, according to company's annual report.
It also said Spicejet's managing director S Natrajhen, however, saw his total remuneration rising to Rs. 89.1 lakh during the last fiscal, from Rs. 34.6 lakh in 2011-12.
Crisis-ridden Kingfisher's CEO Sanjay Aggarwal also saw a marginal dip in his salary to Rs. 3.99 crore in 2012-13, from about Rs. 4.01 crore in 2011-12, the airline's annual report said.
The third listed air carrier Jet Airways has not disclosed the salary of Nikos Kardassis, who resigned as its CEO in June 2013, in its latest annual report.
Jet chairman Naresh Goyal earned a sitting fees of Rs. 60,000 in 2012-13, unchanged from the last year's figures.
29/09/13 PTI/NDTV.com
