United Kingdom
United States
Asia Pacific
SpiceJet cutting salaries of most workers
Budget carrier SpiceJet is cutting employee salaries by as much as 30%.
The airline is implementing a pay cut of between 10-30% for March, but no salary will be payable for the March 25-31 week.
That is when the Indian government imposed a three-week lockdown which continues until mid-April.
That has led to the suspension of all the airline’s operations.
Chairman Ajay Singh will also take a 30% pay cut.
"These are extremely tough times and call for exceptional measures. As tough as it seems, most Indian carriers have already announced a pay cut for their employees. Unfortunately SpiceJet is not immune which has unquestionably affected airlines in the most severe form across the globe," SpiceJet said.
However, employees on the lowest pay grade will receive their full salary.
The airline recently made several expat pilots redundant who were on more lucrative contracts than their Indian colleagues.
"The COVID-19 pandemic and the subsequent lockdown have forced us to take some tough measures to ensure that no one at SpiceJet is retrenched," Singh said.
He said SpiceJet is joining other carriers in seeking financial aid from the government.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Dozens fall ill in P&O Cruises ship outbreak
Woman dies after getting ‘entangled’ in baggage carousel