IndiGo announces spl bonus for staff
Haryana, May 4 -- IndiGo, a low-cost carrier, has announced a unique incentive for its staff in gratitude of their great achievement in fiscal year 2024.
According to the airline's May 2024 salary, employees will get a one-time bonus equal to 1.5 times their monthly income, which will be paid out as an ex-gratia payment.
The airline stated in a statement that the incentive comes after it began recovering damages from the Covid-19 epidemic in the second half of 2022. It also stated that it has "demonstrated a solid and strong performance" since then.
Since the second half of 2022, the airline has gradually regained its footing, demonstrating strong performance and financial success.
IndiGo's earnings increased by 110% in the third quar...
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