India Daily: Akasa Air Offers Hefty Pay Raises to Pilots
Photo Credit: Akasa Air plans to launch international operations later this year. 737-8 MAX, Akasa Air, VT-YAD (MSN 60717/7866) / ca350
Skift Take
As Indian carriers look to increase their aircraft fleet and expand jet numbers, it is crucial that airlines are positioned to attract and retain pilots in a highly competitive market fueled by resurgent demand for air travel.
In a race to bring pilots onboard, India’s newest airline Akasa Air has reportedly raised pilots’ salary by up to 40% amid Tata-owned Air India and budget carrier IndiGo's massive expansion plans with orders for hundreds of new aircraft.
Effective from July onwards, senior first officers will get $4,145 per month versus the current $3,353. Senior captains will earn $7,621 per month up from $7,011.
The airline's decision to implement the substantial salary hike is indicative of its ambitious plans to launch international operations later this year with a fleet of 72 Boeing 737 Max aircraft, with intentions to expand to 100 aircraft by 2025. It has also ordered four additional Boeing 737-8 jets, which are to be delivered in the next four years.
The pay could be much higher depending on the pilot’s experience and flying hours. A captain can earn $9,450 at the maximum limit of 60 hours per month, which is about 6% more than the current $8,877
