Coronavirus epidemic is facing the entire world including India. The economy of all countries has been shaken by Kovid-19 The airlines industry has suffered a lot due to the Corona epidemic. In India, Air India, SpiceJet, Go Air, IndiGo, Jet Airways etc. are included, while British Airways is also facing economic crisis.
According to news from The Guardian, planmaker Airbus warned that the aviation industry could take up to five years to recover due to the coronovirus epidemic, as many airlines, including British Airways, secure their existence by cutting thousands of jobs.
Trying to do. We are in the biggest crisis the aerospace industry has ever faced. The epidemic has caused considerable damage to the airline industry, virtually eliminating passenger flight revenue. Airlines Crisis In India & United Due To Covid-19 Airlines Crisis Between SpiceJet Coronovirus and Lockdown, SpiceJet said on Thursday that its primary revenue source is dwindling as no passenger flights have been allowed for the past one month and therefore He will pay partial pay to more than 92 percent of his employees in April.
However, the company has decided that it will not cut any jobs at this time. As a reasonable measure to meet our employees’ requirement during this full lockdown situation, the company has prepared a draft where all employees will be paid employees according to the hours of work while maintaining the original threshold . The airline on Wednesday told its pilots that they would not be paid salaries for April and May, adding that those operating the cargo flights would be paid for the number of hours.
SpiceJet had cut salaries of its senior and middle-level employees by 10-30 percent in March. India has been closed since March 25 to stop the spread of Kovid-19. All commercial passenger flights have been suspended for this period. However, special flights are permitted to be operated by cargo flights, medical evacuation flights and aviation regulator DGCA.
Airlines Crisis Indigo Indigo Airlines is trying to recover from the economic crisis from Coronavirus as soon as possible. Indigo and Vistar Airlines are starting their flights from June 1, for which air ticket online booking has started. But let us know that companies were informed not to take domestic and international bookings until the coronovirus epidemic is over.
There is no official confirmation yet on whether the companies now have the approval of the ministry to resume these bookings. Employees are also unhappy with this decision of the company. Airlines crisis GoAir GoAir made it clear last week that it would cut the salaries of all its employees due to the Corona epidemic. GoAir deferred a portion of the March salary for its employees in addition to the previously implemented pay cuts. The airline has implemented 10-30 percent pay cuts at the top and middle levels for all its employees. However, the low-cost carrier has assured that its employees in the minimum wage grade will remain unaffected by the decision.
Airlines Crisis Jet Airways Many flights of Jet Airways were already closed, wreaking havoc on the corona. According to experts, the airline industry will not be able to salvage even after one year of the lockdown opening. Amid this economic crisis, Jet Airways’ resolution professional RP has issued a notice to pay the engine leased to SpiceJet. Some of the engines of the aircraft flown by Jet Airways were engaged in SpiceJet’s fleet. SpiceJet was to pay the lease amount for the same.
These engines are owned by Jet Airways. When contacted by a SpiceJet spokesperson, he said, “SpiceJet has no dues to the Jet Resolution Professional. If there is any amount to be recovered by the Jet Resolution Professional, it should be from the aircraft lessee and not from SpiceJet. Airlines Crisis British Airways Coronavirus epidemic is set to cut 12,000 employees’ jobs out of its 42,000 strong workforce due to declining business. The airline’s parent company, IAG, said that by 2019 the demand for a return to air travel The ‘restructuring and redundancy program’ needs to be implemented. The pilots’ union Balpa said it is sad to see such a move in the hour of crisis.
IAG also owns Spanish airline Iberia and Aer Lingus of Ireland. IAG said the proposal was consulted But are likely to affect the majority of British Airways employees and may result in redundancy of up to 12,000 of them. In a letter to employees, BA’s chief executive Alex Cruz wrote, along with IAG’s statement Write Has: “In the last few weeks, the outlook for the aviation industry has deteriorated further and we must take action now. We are a strong, well managed business.
Many crises have been faced in our hundred year history. We ourselves have to overcome this crisis. There is no government bailout for BA and we cannot expect the taxpayer to pay salaries indefinitely… We will see that some airlines will go out of business.