No employee will lose job, says Air India, but cuts allowances by up to 50%

On Wednesday, Air India announced reduction in the allowances of its employees, who have a monthly gross salary of more than Rs 25,000, by up to 50 per cent

Unlike other airlines that have laid off a large number of workers, no employee of Air India will lose his job, the national carrier said on Thursday.

The largest airline of the country, IndiGo, announced on Monday that it would lay off 10 per cent of its workforce due to the economic crisis caused by the coronavirus pandemic.

"Recent decisions of the Air India board regarding rationalization of staff cost were reviewed in a meeting at the Ministry of Civil Aviation this evening. The meeting reiterated that unlike other carriers which have laid off a large number of their employees, no employee