Akasa Air hikes pilots’ salary by upto 40%
Akasa Air, India’s newest airline backed by late billionaire stock broker Rakesh Jhunjhunwala has raised pilots’ salary by up to 40% as airlines place record orders for aircraft.
Akasa’s hike will likely set off salary increases at other carriers to ensure they have enough pilots as Indian airlines fastens induction of new aircraft and Gulf carriers embark on a hiring spree. This is a marked reversal of the pandemic-era aviation squeeze that saw salary cuts and job losses globally.
