Indian carriers too, are initiating cost saving steps to soften the blow of travel bans. IndiGo has suspended it's leave encashment scheme for pilots which it introduced last year to battle a shortage of captains. Now the scheme has been withdrawn as it's schedules have been curtailed due to travel restrictions. Vistara said it is cutting down on discretionary expenses and non customer facing spends. Operational cost is also being rationalised, Vistara said without giving details.
Air India too, has decided to cut allowances of its executive pilots, cabin crew and reduce fuel reimbursement of all officers by 10 per cent.
In a statement GoAir
said it has initiated a short term and temporary rotational leave without pay program that will not only help the company counter the short term reduction in capacity, but will also ensure that a cross section of our employees stay away from the workplace to ensure business continuity.
Knowing that this will put a financial burden on the affected employees this decision was not taken lightly, GoAir said.
"We have also taken many immediate measures to make our business more efficient; measures that will help us create an even stronger airline in the long run. GoAir remains on track to receive 12-15 aircraft each year through the end of 2025 in support of our planned growth," it added. The airline did not comment on redelivery of planes to lessors.