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Interglobe Aviation Ltd.
BSE: 539448 | NSE: INDIGO
Large Cap | Airlines
4703.90
-209.90 (-4.27%) IndiGo implementing deeper pay cuts of up to 35% for senior employees
Date: 28-07-2020InterGlobe Aviation (IndiGo) is implementing deeper pay cuts of up to 35 per cent for its senior employees in order to reduce its cash outflow amid the coronavirus pandemic. From May onwards, IndiGo had implemented pay cuts of up to 25 per cent for its senior employees.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.