Category: INDIAN AVIATION NEWS

Cost Cutting -Vistara Airline

Vistara CEO Leslie Thng on Friday announced senior employees will be going on compulsory leave without pay of up to three days as a measure to further reduce the airline’s cost amid the coronavirus lockdown. The compulsory no pay leave will affect around 1,200 employees in senior grades. The remaining 2,800 employees of the airline

Salary cut of all employees-Indigo

The impact of corona has started all over in Indian Aviation also. After Go Air, Air India , Spice Jet, Indigo has also started taking measures for cost cutting. Hit hard by coronavirus, budget carrier IndiGo today announced that it will cut salaries of all employees. IndiGo CEO Ronojoy Dutta, who will himself take a

Is Spicejet going Jet Airways way ?

When a airline starts defaulting payments to lenders , banks or manufacture, it shows initial signals of cash crunch which can further deepen with due course of time. Canadian aircraft manufacturer De Havilland Aircraft is reportedly suing its largest customer SpiceJet for nearly $43 million (approx. Rs 320 crore) in damages after the Indian domestic
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