Vistara Pilots Sign New Contract, Operations to Stabilize

By By Rediff Money Desk, NEWDELHI
Apr 06, 2024 19:20
Vistara CEO Vinod Kannan says over 98% of pilots have signed the new contract, with operations expected to stabilize by this weekend. The airline is addressing concerns raised by some pilots and continues to hire more.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Apr 6 (PTI) Vistara CEO Vinod Kannan on Saturday said the airline hopes to stabilise operations for this month by this weekend and that more than 98 per cent of pilots have signed the new contract.

The full service carrier faced significant disruption in operation earlier this week due to the non-availability of crew and many flights were cancelled.

In a statement, Kannan said the situation has already improved with its on-time performance improving for the last three days.

"We hope to stabilise our operations for the rest of April 2024 by this weekend," he said.

Referring to the new contract for pilots, he said some pilots have some concerns and queries regarding the contract.

The airline is engaging with them to clarify and resolve the concerns, Kannan said and added that "over 98 per cent of pilots have signed the new contract".

Vistara has around 1,000 pilots.

A section of pilots have raised concerns about the new contract that will result in pay revision, sources had said earlier.

According to Kannan, the airline is addressing the current situation on a war footing and continuing to hire more pilots.

The airline is also carefully scaling back operations slightly to provide the much-needed resilience, and a buffer in the rosters, he noted.
Read More On:
vistarapilotscontractairlineoperationsstabilizenew contractcrewflightscancelledon-time performanceconcernspay revisionhiringscaling backrosters
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Wipro & Google Cloud Deploy Gemini AI

Wipro expands Google Cloud partnership to deploy Gemini AI across operations. Jointly...

IndiGo Faces Rs 59 Cr GST Penalty, Will Contest

IndiGo slapped with nearly Rs 59 crore GST penalty for FY21. Airline to contest the...

IRFC Loan Sanctions Target: Rs 60,000 Crore in Q3

IRFC aims to surpass Rs 60,000 crore in loan sanctions by Q3, says CMD Manoj Kumar...

Paytm Invests Rs 2,250 Cr in Payments Arm

Paytm invests Rs 2,250 crore in Paytm Payments Services. RBI approves payment...

Nephrocare IPO Subscribed 13.96 Times

Nephrocare Health Services' Rs 871-cr IPO was subscribed 13.96 times on closing....

PNB Housing Finance Appoints A K Shukla as MD &...

PNB Housing Finance names Ajai Kumar Shukla as MD & CEO, effective December 18, 2025....

Haier to Invest Rs 3,500 Cr, Eyes USD 2 Bn Revenue

Haier India plans Rs 3,500 cr investment to expand capacity, targeting USD 2 billion...

Road Tunnel Collapse Prevention: MoRTH Guidelines

MoRTH issues guidelines for road tunnel collapse prevention & mitigation. Focus on...

FinMin Ranks Banks & Insurers on Grievance...

Finance Ministry ranks banks, insurance firms on grievance redressal quality &...

Park Medi World IPO Subscribed 8.10 Times

Park Medi World''s Rs 920-cr IPO subscribed 8.10 times. QIBs 11.48x, Retail 3.16x....

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com