Vistara to continue with pay cut till March; to hike allowance for pilots ...Middle East

Economy by : (Business Standard) -
Full-service carrier Vistara will continue with pay cuts of its staff till March but will do away with the three-day leave without pay for pilots effective from January 1. For the pilots, the carrier will implement a 10 per cent salary cut while at the same time increase their monthly base flying allowance to 40 hours from 20 hours at present, a Vistara spokesperson said in a statement to PTI on Thursday. Vistara, the joint venture of Tata Group and Singapore Airlines, on June 30 announced a reduction in salary of its nearly 40 per cent of the total workforce till December 31, to deal with the low cash flow amid a weak passenger demand in the wake of the pandemic. For pilots, who were gettin

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