Air India offers 10 percent hike in salaries to retain pilots
The move comes at a time when competition in the industry is increasing. The first round of pay increases could take place in the next few months, with pilots being the first to benefit.
Air India offers 10 percent hike in salaries to retain pilots
Air India is expected to announce a salary increase for its employees. The expected increases are expected to be between 8 and 10 percent and will affect a wide range of employees, including pilots and cabin crew.
The move comes at a time when competition in the industry is increasing. The first round of pay increases could take place in the next few months, with pilots being the first to benefit.
Salary adjustments for cabin crew and other civil servants will also take place. The move is also expected to bring about parity between Indian and foreign pilots.
According to reports, the aviation industry is experiencing a surge in demand, leading to airline expansion and higher demand for pilots and cabin crew. Due to the shortage of pilots in the industry, airlines have increased salaries to retain talent and not lose them to other companies.
In addition, airlines are concerned about competition and are trying to retain their skilled workers. In addition, the attractive employment opportunities offered by Middle Eastern airlines are another challenge for Indian airlines.
According to a report by aviation consultancy CAPA, Air India is expected to buy between 1,500 and 1,600 aircraft in the next 24 months.
According to the report, Indian airlines currently operate more than 700 commercial aircraft and plans to purchase more than 1,000 additional aircraft.
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