As other airlines like Air India and IndiGo embark on enormous expansion plans with orders for hundreds of new aircraft, Akasa Air has increased pilot salaries by up to 40%. Beginning in July, pilots working for Akasa Air will start receiving a pay rise. Senior first officers of the Rakesh Jhunjhunwala-backed airline would start receiving Rs 3.40 lakh per month as opposed to the current Rs 2.75 lakh per month as soon as the new pay structure is implemented.
As Indian airlines accelerate the entry of new aircraft and Gulf carriers engage on a hiring drive, Akasa’s rise will almost certainly trigger compensation hikes at other carriers to guarantee they have adequate pilots. This is a significant shift from the pandemic-era aviation squeeze, which witnessed global salary cuts and job losses.
The pay scale may be even higher if the experience and flight hours are more; the captain might make up to 7.75 lakh rupees per month, which is a rise of 6% above the present monthly salary of 7.28 lakh. Furthermore, in addition to the fixed 40 hours of flying, captains will be paid rupees 7,500 and first officers will be paid rupees 3,045 for every extra hour. As reported by citing sources.
Since the Wadia Group-owned Go First’s operations were halted in May, Akasa Air has likewise been rapidly hiring pilots. Additionally, the airline has been speeding up the promotion of first officers to captains by about 40% per month. With this, Akasa Air has announced salary increases for the third time. Air India of the Tata Group raised salaries by 20% in April, and SpiceJet did the same in May.