Air India Gives Salary Increments to Staff; Bonus for Pilots

Air India announced on Thursday that it will implement annual salary increments for its staff and introduce an annual target performance bonus for pilots, according to sources. This marks the first appraisal process since the Tata Group took over the airline a little over two years ago.

Chief Human Resources Officer Ravindra Kumar GP revealed that salary increments will take effect from April 1, 2024. Additionally, performance bonus payouts for the fiscal year 2023-24 will be based on both company and individual performance, sources reported.

Pilots will see an increase in their fixed pay ranging from ₹5,000 to ₹15,000 per month. They will also be eligible for an annual target performance bonus between ₹42,000 and ₹1.8 lakh, contingent on performance metrics.

Cabin crew members will also benefit from an annual performance bonus of approximately ₹25,000. Alongside this, they will receive a standard salary increase for the financial year 2025, effective from April.

Air India, which employs around 18,000 people, aims to foster growth and transformation, as stated by Kumar. The airline achieved significant milestones in the last financial year, laying a strong foundation for its future. As part of its Vihaan.AI initiative, the airline introduced a contemporary annual performance appraisal process known as “Rise AI” and transitioned to a simplified, market-competitive, and productivity-oriented compensation structure for employees.

However, it was noted that junior first officers will not receive a hike in their monthly fixed pay. Nevertheless, they will be eligible for an annual target performance bonus, with junior first officers receiving ₹42,000 and first officers and commanders receiving ₹60,000 per annum, provided they meet performance expectations.