Indigo rolled back salary cut

IndiGo CEO Ronojoy Dutta today rolled back the pay cuts that were earlier announced by the budget airline.

“In deference to our Government’s wishes of not reducing pay during the lockdown, we have decided not to implement the previously announced pay cuts during the month of April,” CEO Ronojoy Dutta told employees in an email on April 23.

However, Executive Committee members and Senior Vice Presidents have volunteered to take cuts in their April salaries.

IndiGo was the first airline to announce salary cuts of up to 25% across its workforce, following global airlines that have been forced to take such steps in the Coronavirus crisis.

The pandemic has crippled travel and airline industries across the world. Lobbying body International Air Transport Association estimated a loss of $113 billion for the global airline industry caused by the pandemic which has led to travel and entry bans.