Go Airlines India Limited It plans to increase captains’ salaries by 100,000 rupees ($1,211) a month and first officers by 50,000 rupees as part of an attempt to save its operations after filing for bankruptcy on May 2.
The extra pay, which the airline calls a retention allowance, will go into effect June 1, according to an email to pilots seen by Bloomberg News. It will also be offered to those who have left the company but are willing to withdraw their resignations by June 15. go first Two years ago, it said it would soon also introduce “longevity bonuses” for long-serving employees.
Goa captains currently earn an average of around Rs 530,000 per month, as against Rs 750,000 per month, according to Ambitionbox data. SpiceJet LimitedWho has increased the salary twice in the recent months.
Last week, India’s aviation regulator gave go air 30 days to submit the revival plan, including details on how many pilots are in it.
In an email to the pilots, the airline said, “If things shape up as per the current progress plan, it will not take long for us to fly again, which will enable us to make regular salary payments.”
A representative for the company did not respond to a request for comment.
Aviation is facing a global shortage of staff as the world emerges from the pandemic. India’s largest carrier Indigo aims to hire 5,000 workers in fiscal 2024, while Air India Ltd plans to add over 4,200 cabin crew and 900 pilots this year.
The extra pay, which the airline calls a retention allowance, will go into effect June 1, according to an email to pilots seen by Bloomberg News. It will also be offered to those who have left the company but are willing to withdraw their resignations by June 15. go first Two years ago, it said it would soon also introduce “longevity bonuses” for long-serving employees.
Goa captains currently earn an average of around Rs 530,000 per month, as against Rs 750,000 per month, according to Ambitionbox data. SpiceJet LimitedWho has increased the salary twice in the recent months.
Last week, India’s aviation regulator gave go air 30 days to submit the revival plan, including details on how many pilots are in it.
In an email to the pilots, the airline said, “If things shape up as per the current progress plan, it will not take long for us to fly again, which will enable us to make regular salary payments.”
A representative for the company did not respond to a request for comment.
Aviation is facing a global shortage of staff as the world emerges from the pandemic. India’s largest carrier Indigo aims to hire 5,000 workers in fiscal 2024, while Air India Ltd plans to add over 4,200 cabin crew and 900 pilots this year.