Thursday, April 02, 2020

Air India suspends contract of 200 pilots as coronavirus continues its blows over aviation

National carrier Air India has temporarily suspended the contracts of around 200 pilots as the coronavirus outbreak continues to take toll on the aviation industry. The 200 pilots were re-employed after retirement and their contracts were suspended because the country has put restrictions on all domestic and international commercial passenger flights till 14 April to curb the coronavirus pandemic, a senior official said, PTI reported. The same has dealt a massive blow to the revenues of airlines. Other domestic airlines such as IndiGo, SpiceJet and GoAir have also been taking measures to cut costs.
Earlier, budget carrier SpiceJet returned five of its wet-leased Boeing 737 aircraft to Turkey’s Corendon Airlines. The airline attributed cost-cutting for the move. Others such as GoAir have announced pay cuts for its employees. “Under the current conditions, we find ourselves in we are left with no choice but to extend salary cuts for all of us for the month of March. We will ensure that the lowest pay grades suffer the least,” Vinay Dube, CEO, GoAir, said recently. The airline had also retrenched its expat employees. India’s biggest airline by passengers carried — IndiGo — had also announced salary cuts for its top management with CEO Ronojoy Dutta bearing a 25% cut in the salary.
02/04/20 Financial Express

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