COVID-19 effect: SpiceJet to pay part salaries to over 92% employees in April

New Delhi: Amid the coronavirus-induced lockdown, SpiceJet mentioned on Thursday its main income supply is drying as no passenger flights have operated for over a month and subsequently it can pay part salaries to over 92 per cent of its employees in April.

In a press launch, the finances service mentioned it has determined that there could be no job cuts presently.

“As a fair measure to cater to the requirement of our employees during this complete lockdown situation, the company has devised a structure where all employees will be paid according to the work hours contributed while maintaining basic thresholds,” SpiceJet famous.

The airline had advised its pilots on Wednesday that they won’t be paid salaries for April and May, including that those that have been working cargo flights will receives a commission for the variety of hours flown.

SpiceJet had in March minimize between 10-30 per cent salaries of its senior and mid-level employees.

India has been below a lockdown since March 25 to curb the unfold of COVID-19. All industrial passenger flights have been suspended for this era. However, cargo flights, medical evacuation flights and particular flights permitted by the aviation regulator DGCA are allowed to function.

The Indian aviation trade has been hit exhausting due to the lockdown and journey restrictions imposed due to the coronavirus pandemic.

Government-run Air India has minimize the salaries of its employees by 10 per cent, GoAir has despatched the vast majority of its employees on go away with out pay, AirAsia India has minimize the salaries of its senior employees by up to 20 per cent and Vistara has despatched its senior employees on go away with out pay for up to six days in April.

However, IndiGo determined final week to roll again the pay cuts which have been introduced earlier for senior workers members for the month of April in deference to the “government’s wishes”.

SpiceJet mentioned on Thursday: “While a number of airlines the world over have been forced to retrench employees and withhold salaries, SpiceJet with its limited cargo operations during the lockdown period, will pay part salaries to over 92% of its employees.”

The airline added: “In these extremely challenging times when no passenger flights have operated for over a month resulting in our primary revenue source drying up completely, SpiceJet has decided that there would be no job cuts at the airline at this time”.

The novel coronavirus has contaminated greater than 33,000 individuals and killed round 1,070 individuals in the nation until now.

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