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Wednesday, October 4, 2023

Pilots offered an additional Rs 100,000 a month to stay at Go Air

Go Airlines India Ltd it plans to raise salaries for captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to save its operations after filing for bankruptcy on May 2.
The extra pay, which the airline calls a retention allowance, will take effect June 1, according to an email to pilots seen by Bloomberg News. It will also be offered to those who have left the company but are willing to withdraw their resignation before June 15. The airline, which changed its name to go first two years ago, it said it would soon reintroduce a “longevity bonus” for senior staff.
Go captains currently earn around Rs 530,000 a month on average, according to data from AmbitionBox, compared to Rs 750,000 in Spice Jet Ltdwhich has increased wages twice in recent months.
Last week, India’s aviation regulator gave go air 30 days to submit a restart plan, including details on how many pilots it has.
“If things go along with the current progress plan, it won’t be long before we’re flying again, which will also allow us to be regular in salary payments,” the airline said in the email to the pilots.
A company representative did not respond to a request for comment.
Aviation is facing a global staff shortage as the world emerges from the pandemic. India’s largest airline IndiGo aims to hire 5,000 workers in fiscal 2024, while Air India Ltd. plans to add more than 4,200 cabin crew and 900 pilots this year.

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