Regional airliner Air Deccan announced on Sunday that it is ceasing its operations until further notice and all employees are being put on sabbatical without…
The national carrier has already cut the allowances of all employees, except cabin crew, by 10 per cent for the next three months.
Among many demands, industry body has called for bringing aviation turbine fuel under the ambit of GST.
The industry group has also estimated that the airlines are expected to burn $61 billion of their cash reserves in the April-June period.
Earlier this month, IndiGo said in an internal memo that it would cut the salaries of most employees by between 5 per cent and 20…
Other Indian airlines have already announced their cost-cutting measures as there has been a drastic fall in revenues due to coronavirus outbreak.
Aviation regulator Directorate General of Civil Aviation (DGCA) has extended the suspension of domestic flights by a fortnight till April 14.
The pandemic has had a significant impact on the aviation industry due to the stringent border controls by a host of countries.