Covid-19 effect: IndiGo extends leave without pay, Vistara announce paycuts
To reduce cash burn while revenues remain under pressure, India’s largest domestic carrier IndiGo on Tuesday expanded 5.5 additional days of leave without pay per month for its pilots, effective July, for its pilots. In a statement, the airline said, "IndiGo was one of the few airlines globally to give out full salaries in the months of March and April, despite business disruption. We employed the first paycut in May, followed by leave without pay. Given the current capacity utilisation, we have had to announce further leave without pay for pilots, which is a temporary measure. It will be reviewed basis the changes in our operational capacity".
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