India’s Vistara cuts flights as pilots’ protest over salary revisions

India’s Vistara cuts flights as pilots’ protest over salary revisions

Tata Group currently owns a 51% stake in Vistara, and the remaining 49% is owned by Singapore Airlines.Nurphoto | Nurphoto | Getty ImagesTata Group, which owns a 51% stake in Vistara — the remaining 49% is owned by Singapore Airlines — announced its merger with Air India. Singapore Airlines will have a 21.5% stake in Air India.In the new salary structure pilots have been awarded a fixed pay for a minimum 40 hours of flying — earlier the minimum was 70 hours — a pilot who has been…
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Source: https://www.cnbc.com/amp/2024/04/05/indias-vistara-cuts-flights-as-pilots-protest-over-salary-revisions.html