Coronavirus pandemic: A look at the pay cuts of aviation bosses

The CEO of IndiGo & GoAir, and Chairman of SpiceJet have taken significant pay cuts.

Moneycontrol News

April 01, 2020 / 09:42 IST

Ajay Singh, Chairman and Managing Director of low-cost carrier SpiceJet

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The aviation sector is probably the most affected due to the coronavirus outbreak.

However, the industry's top leadership has taken the lead when it comes to saving costs.

While nearly all airlines have announced a pay cut, the CEOs are the ones who have taken the biggest cut.

IndiGo was among the first to announce a pay cut for its personnel on March 19. CEO Ronojoy Dutta took the highest cut of 25 percent.

The 2018-19 annual report of the country's largest airline doesn't include Dutta's remuneration as he had taken charge in January 2019.

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