India’s largest airline in by market share, IndiGo recently announced that it is now proceeding ahead with salary deductions for employees from May onwards. The company Chief Executive Officer, Ronojoy Dutta also said that the carrier is implementing a “limited, graded leave without pay program” for the months of May, June, and July. The airlines…
The airline industry has long been in a soup due to the novel coronavirus outbreak. But things got even worse for the sector post the governments imposing nationwide lockdowns and travel-bans. It is being predicted that if the lockdown gets extended any further, several budget carriers will have to file for bankruptcy. In an attempt…
The spread of Covid-19 has impacted the aviation sector really hard. When the story unfolded Cathay Pacific was one of the first ones ( early Feb 2020) to announce cost cutting measures in form of unpaid leave for 27,000 of its employees. We are only two months down and it seems all big and small…