InterGlobe Aviation (IndiGo) is going to cut salary of its senior employees amid the novel coronavirus pandemic that has hit the aviation industry hard. The company’s CEO is personally taking a 25% pay cut, SVPs (senior vice presidents) and above are taking 20%, VPs (vice presidents) and cockpit crew are taking a 15% pay cut, AVPs (assistant vice presidents), Bands D along with cabin crew will take 10% and Band Cs 5%.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
