While the domestic aviation sector has been registering double-digit growth continuously for over two years, Jet Airways' move to reduce junior pilots' pay and disinvestment proposal of Air India have thrown the spot light on the prevailing tough business conditions amid stiff competition.
The sector might be one of the fastest growing in the world but most airlines have wafer-thin margins as deeply discounted fares and rise in aviation fuel prices along with staff costs take a toll on their overall profitability.
Staffing firm TeamLease Services co-founder and executive vice president Rituparna Chakraborty said it is a specific situation of "organisational stress".
"... Between letting go off employees and salary cut of employees, any day, salary cut is a lesser evil," she told PTI, adding that it is important to take any such decision in a complete transparency and openness with the employees.
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Executive search organisation GlobalHunt's Managing Director Sunil Goel said the number of jobs may not get impacted much in the aviation sector as it is constantly growing but "compensation and benefits will (see) an impact".
"Since government is also talking about privatising the government control in Air India that will also bring a lot of job opportunities and realignment of work force," he added.
HR experts also believe that job scenario in the aviation sector would be good but there might not too many jobs at high premium.
In June, domestic air traffic grew 20 per cent as carriers ferried 95.86 lakh passengers. Many local carriers have also prepared ambitious expansion plans, as reflected in aircraft orders.
Dominated by narrow-body planes, the order book would be the third largest for any country after the US and China, it had said in a report.
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