Connect with us

Airlines

Air India to restore employee salaries to pre-Covid levels from September 1

The airlines have begun raising employee pay to levels prior to Covid now that the aviation sector is fully operational.

How one announcement made by Air India captures global interest & The significance for aviation.

The airlines have begun raising employee pay to levels prior to Covid now that the aviation sector is fully operational. Air India, a company controlled by the Tata group, informed its personnel on Friday that their pay would be reinstated as of September 1.

Campbell Wilson, the CEO and managing director of Air India, stated that starting on September 1, 2022, the airline would be restoring the compensation reduction for all employees. Even while there is still much to be done for the airline to become profitable, “sunsetting most of the COVID measures is a major and welcome milestone.” Air India began gradually raising salaries to their pre-pandemic levels earlier this year.

Advertisement

The delivery ceremony for Finnair’s first A350 XWB.(Opens in a new browser tab)

According to sources, IndiGo, the largest airline in the nation, intends to fully restore the earnings of its pilots to levels prior to the pandemic beginning in November. The pay for pilots has also increased at Vistara and SpiceJet.

Advertisement

In order to manage their finances, the carriers utilised cost-cutting strategies as the Covid-19 outbreak wrecked havoc on the aviation sector. In the majority of cases, salaries were reduced by 30%.

10 Most Expensive Fighter Jets In The World(Opens in a new browser tab)

Advertisement

Air India and Air India Express Ltd.’s debt of Rs 15,300 crore was assumed by Tatas, while the government paid out the remaining loan balance of Rs 46,262 crore as well as an additional amount of roughly Rs 15,000 crore for unpaid fuel bills.

10 things we must know about Vistara Airlines(Opens in a new browser tab)

Advertisement

Airlines

IndiGo beats Southwest Airlines to Become world’s largest airline by market cap

Malaysia Airlines And IndiGo Sign MoU To Boost Tourism

India’s aviation giant, IndiGo, has soared to new heights, surpassing the renowned US-based Southwest Airlines to claim the title of the world’s third most valuable airline, as per Bloomberg data released on Wednesday.

The surge in IndiGo’s market capitalization, fueled by a remarkable 4.73% jump in its share price to Rs 3,806, catapulted its market value to $17.605 billion, edging past Southwest’s $17.333 billion market cap.

Advertisement

IndiGo’s strategic plans for expansion further solidify its position in the global aviation landscape. With intentions to add 10 new destinations to its network in the fiscal year 2025, the airline anticipates a substantial increase in capacity and passenger growth, aiming for a gross addition of over one aircraft per week during the same period.

Such ambitious endeavors, coupled with a burgeoning demand for travel attributed to tourism and a stable oil price environment, have contributed to the surge in IndiGo’s stock prices. Analysts at InterGlobe Securities attribute indigo partners airlines upward trajectory to several factors, including the operational challenges faced by competitor Vistara and the burgeoning appetite for travel among Indian households.

Advertisement

The rise in income has elevated air travel to a lifestyle staple, with leisure holidays becoming increasingly prevalent. indigo partners As the holiday season approaches, airports across the nation are bracing for heightened activity, promising sustained momentum for IndiGo in the months ahead.

Advertisement
Continue Reading

Airlines

Air India Cabin Crew Voices Fabric Issues in new uniforms

Air India Cabin Crew Voices Fabric Issues in new uniforms

Air India’s much-anticipated cabin crew uniforms, designed by renowned fashion icon Manish Malhotra and unveiled with ceremony last December, have encountered a setback.

The airline’s cabin crew, who initially donned the stylish attire on the carrier’s A350 aircraft, have voiced grievances regarding the quality of the fabric. Reports suggest that concerns have arisen over issues such as fast-fading colors, casting a shadow over the otherwise celebrated launch of the new uniforms.

Advertisement

Despite the initial excitement surrounding their debut, the practicality and durability of the fabric have come under scrutiny. In response to the feedback received from its cabin crew members, Air India is poised to address the fabric-related issues promptly. Sources indicate that the airline is gearing up to commence production for all cabin crew uniforms, ensuring that the concerns raised are duly taken into account.

An Air India spokesperson in a statement to PTI, confirming the forthcoming measures, stated that the production program for over 8,000 cabin crew members will kick off within a week’s time. The spokesperson reassured that steps are being taken to rectify the fabric issues and ensure that the new uniforms meet the expected standards of quality and durability.

Advertisement

The new uniform will subsequently be distributed to the crew, aligned with the transition of Air India’s flagship A350 to long-haul international service in the coming months,” the spokesperson added.

Advertisement
Continue Reading

Airlines

British Airways’ Speedbird Pilot Academy opens for new applications

British Airways’ Speedbird Pilot Academy opens for new applications

On Tuesday, April 16, 2024, the airline will start the application window for its fully financed Speedbird Pilot Academy cadet programme, which will run for second year. 

This comes after an extraordinary response to its first year intake, where more than 20,000 applications were received for just 100 places. Aiming to level the playing field and remove the previously prohibitive cost barrier of individuals having to pay for their own training, the Speedbird Pilot Academy initiative is part of the airline’s £7 billion investment across the business.

Advertisement

Simon Cheadle, Director of Flight Operations at British Airways, stated: “We’re quite proud to be able to give more people access to a career in aviation through this programme.”

“We are glad to provide this opportunity to many talented individuals who simply need a little assistance to fulfil their dream of becoming a commercial airline pilot. We know this from the tremendous response and high calibre of applications we had in the first year of Speedbird Pilot Academy.

Advertisement

“Our investment in this programme will help to ensure our future generation of pilots for years to come. We want to continue attracting the best flying talent.” Candidates will be able to apply for up to 100 places on the programme – that will see the approximate £100,000 cost of their training covered entirely by the airline – through the British Airways careers site from April 16, 2024.

Advertisement
Continue Reading
Advertisement

Advertisement

Trending