IndiGo reverses pay cuts despite virus pressure

IndiGo has reversed a decision to slash employee salaries after the Indian govt urged companies to avoid such practices, according to people with direct knowledge of the matter. The airline had proposed pay cuts of as much as 15% for most staff but will no longer go through with them, the people said. Top management will, however, take as much as a 25% reduction in pay, the people said. IndiGo’s move stands out at a time when airlines throughout the world are cutting operations, furloughing staff or even collapsing completely as the coronavirus pandemic brings the industry to its knees. Passenger numbers have slumped globally and carriers have slashed seat capacity on domestic and international routes. In India, airlines aren’t allowed to fly at all until at least May 3. <br/>