COVID-19 Impact: Senior Management Of GoAir To Undertake 50 Per Cent Pay Cut
COVID-19 Impact: Senior GoAir Management Takes 50 Per Cent Pay Cut With Immediate EffectFlight  ready to take off (GoAir/Facebook)

To help the low fare air carrier GoAir sail through the tough times amid the Novel Coronavirus (COVID-19) pandemic, the senior management executives of the company have volunteered to take up a 50 per cent pay cut with immediate effect, reports Economic Times.

The temporary pay cut undertaken by the senior management of the company is aimed at helping the airline navigate through the virulent challenges which COVID-19 has created for the entire aviation industry.

The development follows after fellow carrier IndiGo announced on Thursday (19 March) a top-down five per cent to 25 per cent pay cut for all its employees from 1 April.

Meanwhile, it should be noted that GoAir had last week offered its employees a temporary rotational leave without pay scheme. It has since also begun to lay off its expensive expatriate pilots. Furthermore, the airline has also suspended all its international flights.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement