FLYING INTO TURBULENCE
Business Today India|August 07, 2022
The recent industrial action faced by Indian carriers speaks volumes about the intensely competitive dynamics of Indian aviation
MANISH PANT
FLYING INTO TURBULENCE

INDIA'S LOW-COST CARRIER (LCC) segment seems to have hit an air pocket. This phase started with reports of large-scale cancellations of several IndiGo flights due to a large number of the company's cabin crew taking leave to ostensibly appear for Air India interviews.

While the reason may sound plausible, it is not accurate. It is believed that a sizeable chunk of the crew had called in sick as part of a go-slow action to demand a roll-back of pay cuts announced at the onset of the pandemic. Its impact was so profound that on July 2 and 3, 55 and 29 percent of the carrier's flights, respectively, were delayed. The airline had faced similar action by pilots earlier. The airline partially rolled back their pay cuts earlier this month. But its labour troubles aren't over yet.

Recently, its aircraft maintenance technicians (AMTs) in New Delhi and Hyderabad went on sick leave to protest against inadequate pay. Taking a cue from their counterparts at IndiGo, several AMTs at Go First, too, did the same.

What is wrong with the LCC segment? Shakti Lumba, former head of operations at IndiGo, attributes it to the cultural shift in India's aviation landscape with the advent of LCCs. "Since the new entrants were scared of trade unionism, they ended up building contracts that emphasize the obligations of the employees towards the employer and not the other way round."

Denne historien er fra August 07, 2022-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra August 07, 2022-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS TODAY INDIASe alt
"OFFER MORE SOPS FOR THE NEW TAX REGIME”
Business Today India

"OFFER MORE SOPS FOR THE NEW TAX REGIME”

Dinesh Kanabar, CEO of Dhruva Advisors, on the tax-related measures expected in the Budget, reforms, and more

time-read
3 mins  |
February 02, 2025
IN SEARCH OF A BOOSTER SHOT
Business Today India

IN SEARCH OF A BOOSTER SHOT

TO BOOST GROWTH, THE GOVERNMENT MAY FOCUS ON INCREASING CAPEX AND BOOSTING DOMESTIC CONSUMPTION, PARTICULARLY TARGETING THE MIDDLE CLASS. THIS COULD PROVIDE A FILLIP TO STOCKS IN THOSE SECTORS

time-read
6 mins  |
February 02, 2025
HEALTH BOOST
Business Today India

HEALTH BOOST

THE HEALTHCARE SECTOR IS EXPECTED TO RECEIVE A SHOT IN THE ARM IN BUDGET 2025-26, WITH A FOCUS ON PRIMARY HEALTHCARE, DIGITAL HEALTH, AND BOOSTING PHARMACEUTICAL MANUFACTURING AND RESEARCH. BUT CHALLENGES LIKE THE SHORTAGE OF HEALTHCARE PROFESSIONALS REMAIN

time-read
7 mins  |
February 02, 2025
"Indian aviation to see double-digit growth for the next 30 years"
Business Today India

"Indian aviation to see double-digit growth for the next 30 years"

Vinay Dube, Founder & CEO of Akasa Air, on the country's aviation sector, why the airline was set up, and more

time-read
8 mins  |
February 02, 2025
TIME TO BE SMART
Business Today India

TIME TO BE SMART

This year could be a good time to take home some profits, reduce risk, and shift to large-cap investments

time-read
3 mins  |
February 02, 2025
CLOTHES MAKETH A MAN
Business Today India

CLOTHES MAKETH A MAN

THE MEN’S LUXURY MARKET IN INDIA, ONCE A NICHE SEGMENT, IS WITNESSING AN EXTRAORDINARY RISE AND IS THRIVING, THANKS TO SOCIAL MEDIA AND RISING DISPOSABLE INCOMES

time-read
6 mins  |
February 02, 2025
Front-running Redux
Business Today India

Front-running Redux

Ketan Parekh has again been accused by Sebi. This time the allegations are of front-running, an unethical practice in financial markets

time-read
3 mins  |
February 02, 2025
Triumph of Engineering
Business Today India

Triumph of Engineering

The Udhampur-Srinagar-Baramulla Railway Line in J&K is set to expedite trade and tourism

time-read
2 mins  |
February 02, 2025
MAKING A MARK
Business Today India

MAKING A MARK

IN A LANDSCAPE DOMINATED BY THE BIG FOUR ACCOUNTING FIRMS, DHRUVA ADVISORS HAS STRUCK IT BIG ON THE BACK OF ITS TAX AND REGULATORY ADVISORY SERVICES, ASSISTING SOME OF THE MARQUEE DEALS OF INDIA INC.

time-read
7 mins  |
February 02, 2025
TIME FOR A TAX BREAK?
Business Today India

TIME FOR A TAX BREAK?

INDIVIDUAL TAXPAYERS LOOK FORWARD TO THE BUDGET EVERY YEAR HOPING FOR A BIG TAX BREAK. IT HAS ELUDED THEM FOR YEARS, BUT WITH HIGH INFLATION, MODERATING URBAN CONSUMPTION, AND ROBUST TAX COLLECTIONS, WILL THE MIDDLE CLASS GET A TAX BREAK IN FEBRUARY?

time-read
6 mins  |
February 02, 2025