Cash-strapped AI cuts crew salaries by 40%

Cash-strapped AI cuts crew salaries by 40%

New Delhi:  23.07.2020

Cash-strapped Air India has cut the pay of its cockpit and cabin crew with retrospective effect from April 1, 2020 till further orders.

While the airline management puts the reduction at 40%, pilots say their flying allowance — which comprises a majority of their total pay — has been slashed by almost 85%. A captain with 10 years of command on a wide-body aircraft will now take home about Rs 2.1 lakh, from Rs 5.5 lakh earlier, say senior pilots.

AI has a monthly wage bill of Rs 230 crore and did not say how much it expected to save from this move. For pilots, the order says 11 allowances, like flying allowance, special pay and instructor/examiner allowance, have been cut by 40%. For cabin crew, the order says standby, flying, wide-body, domestic layover and quick return allowances will be cut by 20% and the same will be paid on actual flying hours. TNN

Full report on www.toi.in