Kingfisher Airlines slashes salaries of trainee pilots

Mumbai, Oct 18 : Vijay Mallya-promoted Kingfisher Airlines today slashed salaries of its trainee pilots significantly.

"Remunerations of these (trainee) pilots have been slashed significantly as a part of our cost-cutting initiatives," a senior Kingfisher Airlines official said without giving the quantum of the cut.

Line pilots and commanders of flights, have, however, been exempted from this move, he said.

"The airline had to resort to this move as some of its aircraft have been grounded," the official added.

ANI