 "air india express")
Air India Express cut salaries of all employees after its revenues dropped 88 per cent in July because of the coronavirus pandemic's impact on aviation. The low cost carrier cut pilot allowances by 40 per cent.
The scheme is similar to what has been implemented by its state-owned parent company, Air India.
In a office circular dated August 5, T. Vijayakrishnan, Chief of HR, said that the company, along with other aviation companies, has been adversely impacted by the Covid-19 pandemic.
"Consequently, the airline's revenues up to the month of July have declined as much as 88 per cent," the circular said.
In order
