IndiGo latest airline to unveil Covid-19 cuts | News

IndiGo will cut 10 for every cent of its workforce as it downsizes to satisfy slipping need in the wake of the Covid-19 pandemic.

The greatest carrier in India previous month claimed it would find to cut about £400 million in charges this yr.

In a letter to investors IndiGo main executive, Ronojoy Dutta, claimed: “It is impossible for our corporation to fly by means of this economic storm devoid of earning some sacrifices, in buy to sustain our business operations.”

The airline, which has been grounded for many months as India imposed a rigorous lockdown, employs all over 24,000 persons – with two,400 employment now on the line.

The corporation controls all over 50 percent of the Indian aviation industry and experienced been profitable for the past 10 decades.

IndiGo primarily focuses on reduced-expense domestic travel throughout the region.

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