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Vistara CEO to take 20% salary cut for July-December, employees to face upto 15% pay cut

Shortpedia

Content Team
Image Credit: shortpedia

Amid the COVID-19 crisis in the aviation sector, Vistara Airlines announced that its CEO Leslie Thng will take a 20% salary cut from July 2020 to December 2020. The move comes after the airline announced that it is operating with less than it is 30% capacity and currently getting back to normalcy in operations and network which may take a couple of months. The rest of Vistara's senior staff will take a 15% pay cut every month.