Amid stories that a number of pilots of the crisis-hit Go First appeared for walk-in interviews with Air India, the beleaguered airline has come out with a wage hike for captains and first officers in a bid to lure them to stick with the corporate.
In keeping with a Bloomberg report, Go First is asking this supply of a month-to-month hike of Rs 1,00,000 for captains and Rs 50,000 for first officers ‘retention allowance’. This hike shall be relevant from June 1.
The captains presently earn about Rs 5,30,000 a month on common.
This supply has additionally been prolonged to those that resigned from the corporate however are prepared to return again. The corporate can be planning to supply a “longevity bonus” for workers who’ve been with the corporate for lengthy.
“If issues form up as per the current progress plan, it received’t take lengthy earlier than we shall be flying once more,” Go First instructed pilots in an e-mail. This can allow the corporate to be common with wage funds, the corporate added.
The finances service, which is present process a voluntary insolvency decision course of, had stopped flying on Could 3.
The Directorate Basic of Civil Aviation (DGCA) suggested the airline on Could 24 to submit inside 30 days a complete restructuring plan for a sustainable revival of operations.