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Total 49 results found. Search for [ goair pay cut ]

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PTI
December 26, 2020
When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25


PTI
September 2, 2020
The three-days leave without pay (LWP) measure for pilots is in addition to a cut in monthly base flying allowance


Manu Kaushik
August 28, 2020
IndiGo's market share has grown even as all other major carriers have reported loss in market share


Reuters
August 25, 2020
Qantas' head of domestic operations Andrew David said outsourcing ground handling jobs at the country's biggest airports would save an estimated A$100 million each year in operating costs


BusinessToday.In
New Delhi, August 20, 2020
Apple becomes first US company to be worth $2 trillionApple Inc became the first publicly listed U.S. company with a $2 trillion stock market value on Wednesday, as Wall Street investors put aside challenges to its iPhone ecosystem in favor of bets it will only prosper more in the post-coronavirus world. Shares in the company have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world's most valuable listed company, up about 57% in value so...


PTI
August 19, 2020
The airlines industry has been grappling with strong headwinds due to the coronavirus pandemic, with many of the carriers laying off people as part of cost-cutting measures


Manu Kaushik
July 28, 2020
Experts say this is just a beginning of a painful road ahead for the sector as the demand for air travel continues to remain muted due to a variety of reasons. Since the opening up of the domestic aviation sector in late May, the capacities of airlines remain quite low - 30-35 per cent


BusinessToday.In
July 23, 2020
Air India has reduced the monthly allowances of its employees, who have a monthly gross salary of more than Rs 25,000 by up to 50%. The employees (both permanent and fixed-term contract) with gross salary up to Rs 25,000 have been spared of the pay cut


PTI
July 16, 2020
The minister's remarks came after TMC MP Derek O'Brien slammed Air India, saying its leave-without-pay scheme violates labour laws and is an \"obvious ploy\" to protect the top management and sacrifice other workers


BusinessToday.In
July 11, 2020
Coronavirus impact: he airline issued a letter to the trainee cabin crew members and said that it would not be possible for Air India to impart any further training  amid the \"current aviation scenario\"


BusinessToday.In
July 1, 2020
IndiGo wrote a mail to its pilots informing them of 5.5 days of leave without pay. With this, IndiGo extended the leave without pay (LWP) policy to 10 days, effective from July 1


Manu Kaushik
New Delhi, June 24, 2020
Airlines have taken to the skies after two months. But their pain is far from over


BusinessToday.In
New Delhi, June 2, 2020
Known for feasting on all sorts of plants and standing crops, locust swarms had been sighted in parts of Rajasthan, Maharashtra, Madhya Pradesh (MP), Uttar Pradesh (UP), and Gujarat over the last few days. The horticulture crops such as fruits and vegetables stand at risk of a wash-out in the states; Facebook Inc and Snapchat developer Snap Inc became the latest U.S. companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd; Azim Premji, Founder Chairman and  Rishad Premji, Chairman of Wipro, have both taken a voluntary cut in their compensation for the fiscal year 2020, according to the recent filing made to the Securities Exchange Commission in the US. Watch this and more on News Blast.Also Read: Coronavirus impact: 94% Indians to be extra-careful while spending; 70% to spend less on luxury items


BusinessToday.In
New Delhi, June 2, 2020
Car sales register steep decline in May, tractors lead road to recoveryPassenger vehicle sales in India saw a steep 84 per cent drop in sales in May over last year as staggered resumption of operations both at the factories and showrooms hampered business activity for all companies. It however came on the back of zero sales in April when the country was in a state of total lockdown. The situation, however, is only likely to get better as lockdown norms are further eased and domest...


BusinessToday.In
New Delhi, May 18, 2020
Shares of multiplex operator PVR plunged 12.86 per cent to hit 52-week lows of Rs 743.35, while Inox Leisure stock tumbled as much as 15.29 per cent to touch a new year's low level of Rs 163.7


Manu Kaushik
New Delhi, April 28, 2020
Staring at record losses, the travel and tourism sector is preparing a plan to take on coronavirus


BusinessToday.In
New Delhi, April 16, 2020
GoAir said it will take maximum health and safety measures when it restarts operations, including social distancing measures, longer check-in time for passengers, longer turnaround time in between flights


PTI
April 16, 2020
Commercial flight services have been suspended till May 3 as the government has extended the nation lockdown in continuing efforts to curb spreading of coronavirus infection, which has already affected more than 11,000 people in the country


Manu Kaushik
April 16, 2020
In India, the situation with domestic carriers is pretty grim with just three months of losses being pegged at $3.6 billion; but did airlines actually have a chance to be better-prepared


Ajita Shashidhar & Sonal Khetarpal
New Delhi, April 15, 2020
A humanitarian crisis calls for humane HR policies to tide over what looks like the \"new normal\" post-lockdown


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