IndiGo restores pilots' increments amid financial turnaround, Q3 profit

Airline made net profit of Rs 1,422 cr in Q3FY23, after three consecutive quarters of loss

IndiGo has restored annual increments for more than 4,500 pilots as a financial turnaround helped the airline make a profit in Q3 FY23 after three quarters of loss.

An email from the airline’s management last week informed pilots of the restoration from April.

"The component of annual increment for Indian captains (Rs 10,000 per month) and Indian first officers (Rs 5,000 per month) on the Airbus and ATR fleet which was stopped due to Covid will restart from April 1, 2023," the airline’s senior vice president (flight operations) Ashim Mitra said in the staff email.

IndiGo plans revising the salaries