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IndiGo implements another round of pay cuts for senior management, pilots

CEO Ronojoy Dutta will take a pay cut of 35%, while all executives at the level of senior vice president and above will take a pay cut of 30%

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The airline recently announced that it would lay off 10% of its staff

Arindam Majumder New Delhi
India’s largest airline IndiGo has implemented another round of pay cuts for its senior management and pilots.

Chief Executive Ronojoy Dutta will take a pay cut of 35 per cent while all executives with designations of senior vice-president and above will take a pay cut of 30 per cent. Simultabeously, pilots will face a further cut of 28 per cent to their salary while vice-presidents and associate vice-presidents will face a 15 per cent cut in their salary. The latest paycuts, which mean the senior management will get between 15 per cent and 35 per cent lower monthly salaries than normal

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First Published: Jul 27 2020 | 6:52 PM IST

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