Air India asks senior staff to forego July pay to cut costs

Air India today requested its top management and senior officials to voluntarily forego their salary and productivity-linked incentives for July to help the cash-strapped and crisis-ridden airline.

Air India CMD Arvind Jadhav requested all executives in the level of general managers and above to voluntarily forego salaries and incentives for July as a gesture to ease the liquidity crunch faced by the airline, an Air India spokesperson told PTI.

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