Index Investing News
Wednesday, April 15, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Air India revamps compensation structure for pilots and cabin crew

by Index Investing News
April 17, 2023
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter



Air India has revamped the compensation structure for pilots and cabin crew, including increasing the per-hour flying rate for pilots, according to a source.


Under the new structure, part of the Tata Group-owned airline’s five-year transformation plan, salaries will be hiked for more than 2,700 pilots across Air India and AIX Connect (including Air Asia India and Air India Express) as well as for more than 5,600 of Air India’s cabin crew, as per the source.


The guaranteed flying allowance component will be doubled from the current 20 hours to 40 hours. There will also be additional compensation for pilots undergoing training for command upgrade and conversion training for the time spent in-ground and simulator training, the source added.


Further, Air India will hike the pilots’ per-hour flying and flying allowance rates.


The source said the airline will introduce an additional reward to recognise the long service of its tenured staff and also double the stipend for trainee pilots.


Among others, the contracts of nearly 800 FTC (Fixed Term Contract) pilots, which were earlier renewed for a stipulated period of 5 years, will now be extended until the pilots attain the age of 58 years.


Air India has about 4,700 FTC cabin crew and nearly 1,000 permanent cabin crew.


Further, Air India will introduce two additional levels/designations — Junior First Officer and Senior Commander.


A large number of senior pilots, who have flown for four or more years as Commanders, will be promoted to the Senior Commander rank, giving them instant inclusion into the management cadre with extra allowance for executive duties, the source said.


The cabin crew organisation structure for both permanent and FTC cabin crew has been redesignated into four segments — Trainee Cabin Crew, Cabin Crew, Cabin Senior and Cabin Executive.


As per the source, the trainee stipends for fresher and experienced cabin crew will be hiked by more than 20 per cent.


The airline will also double the domestic layover allowance and the allowance for check crew.


Besides, it has also introduced additional allowances for cabin supervisors and for their grooming.


In February, Air India announced plans to hire more than 4,200 cabin crew trainees and 900 pilots this year. The airline has also placed orders for 470 planes with Boeing and Airbus.



Source link

Tags: AirCabincompensationCrewIndiapilotsrevampsStructure
ShareTweetShareShare
Previous Post

NYC is trying to fix the accountant shortage by tapping high schoolers

Next Post

Is 2022’s ‘All Quiet on the Western Front’ a Good Anti-War Film?

Related Posts

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

by Index Investing News
April 9, 2026
0

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares...

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

by Index Investing News
April 5, 2026
0

This article was written byFollowJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and...

Emerging Market Stock Valuations

Emerging Market Stock Valuations

by Index Investing News
April 13, 2026
0

The Map is not the Terrain… https://theideafarm.com/markets/emerging-markets-the-map-is-not-the-terrain/ And also from a recent podcast with La Roche here is Gundlach “”My...

Kinneret ends March above bottom red line

Kinneret ends March above bottom red line

by Index Investing News
April 1, 2026
0

The Kinneret (Sea of Galilee) has ended March 2026 just above the bottom red line following heavy rainfall over...

Crude Check: Volatile But Firm

Crude Check: Volatile But Firm

by Index Investing News
March 28, 2026
0

Crude oil prices saw considerable volatility last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($105.30/barrel) was down 6.1...

Next Post
Is 2022’s ‘All Quiet on the Western Front’ a Good Anti-War Film?

Is 2022's 'All Quiet on the Western Front' a Good Anti-War Film?

A plan to counter China economically

A plan to counter China economically

RECOMMENDED

Spurs extend young cornerstone with five-year, 6M deal

Spurs extend young cornerstone with five-year, $146M deal

October 2, 2023
In ‘The Duke,’ Jim Broadbent Places an Eccentric on the Middle

In ‘The Duke,’ Jim Broadbent Places an Eccentric on the Middle

April 23, 2022
Academy Museum to Highlight Hollywood’s Jewish History After All

Academy Museum to Highlight Hollywood’s Jewish History After All

April 11, 2024
Lessons from a Zero Sum Game

Lessons from a Zero Sum Game

February 15, 2024
Dalal Street minnows steal the show in FY24; give hefty returns to investors

Dalal Street minnows steal the show in FY24; give hefty returns to investors

March 29, 2024
Analysis-Competition hots up as British banks fight to keep earnings rising faster than costs By Reuters

Analysis-Competition hots up as British banks fight to keep earnings rising faster than costs By Reuters

February 23, 2023
How Kimora Lee Simmons Is Doing After Calling Out Russell Simmons’ Alleged Abusive Behavior

How Kimora Lee Simmons Is Doing After Calling Out Russell Simmons’ Alleged Abusive Behavior

July 3, 2023
‘Misplaced Metropolis’ seems to knock ‘Batman’ off box-office perch (NASDAQ:PARA)

‘Misplaced Metropolis’ seems to knock ‘Batman’ off box-office perch (NASDAQ:PARA)

March 25, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In