Air India to restore staff salaries to pre-COVID level 
Corporate Watch

Air India to restore staff salaries to pre-COVID level

Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1

PSU Watch Bureau

New Delhi: Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1, according to a communication.

The loss-making airline, which was taken over by Tatas in January this year, has also decided to revise crew layover allowances and meal arrangements from September 1.

In the communication to the employees, Air India CEO and Managing Director Campbell Wilson said the airline "will be restoring the salary reduction for all employees with effect from September 1, 2022".

While the airline has much to do to return to profitability, "sunsetting most of the COVID measures is an important and welcome milestone", he said.

The coronavirus pandemic had significantly impacted the airline industry, and the operators had resorted to cost-cutting measures, including salary reductions, to manage their financials.

(With PTI inputs)

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

GAIL signs LNG SPA with Vitol Asia Pte. Ltd. for supply of 1 MMTPA LNG

Om Prakash Sinha appointed as Director (Exploration) of ONGC

RVNL secures Rs 447 crore viaduct & station construction contract from Delhi Metro

India, New Zealand begin 2nd round of talks for proposed trade pact

Govt extends Ravi A Robert Jerard’s additional charge as CMD of BSNL, MTNL for second time